BIR REVENUE MEMORANDUM CIRCULAR NO. 125-2020
REVENUE MEMORANDUM CIRCULAR NO. 125-2020 issued on November 27, 2020 announces the availability of BIR Form No. 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation) January 2018 (ENCS) in the Electronic Filing and Payment System(eFPS).
Withholding Agents/Payors who are eFPS filers shall use the said Form in filing and remitting the taxes withheld on compensation in accordance with business industry grouping set forth in Revenue Regulations No. 26-2002.
