Submit the printed tax return, financial statements, and BIR Form 2307s to your RDO. Final Thoughts
: All information must be entered in CAPITAL LETTERS .
Excel formats make it incredibly easy to copy and paste ledger accounts directly from your accounting software (like QuickBooks, Xero, or SAP).
Income taxed at ordinary corporate rates.
This form applies to domestic corporations, resident foreign corporations, partnerships, joint-stock companies, and joint ventures that earn income taxable under the regular rate specified in the National Internal Revenue Code (NIRC). It is intended for entities with mixed income streams subject to preferential or special tax rates (which instead use Form 1702-MX). Why Use an Excel Format for BIR Form 1702-RT?
BIR Form 1702-RT is used by corporations, partnerships, and other non-individual entities that are subject to the regular corporate income tax rate, rather than special, preferential, or exempt rates.
The is more than just a spreadsheet—it is a practical solution for accurate tax computation, audit readiness, and stress-free annual filing. While the BIR has moved toward online systems, the flexibility of Excel ensures that small businesses and accounting professionals can maintain control over their numbers without expensive software.
Gross Income=Sales/Revenues/Receipts/Fees−Cost of Sales/Services+Other Taxable Income Non-OperatingGross Income equals Sales/Revenues/Receipts/Fees minus Cost of Sales/Services plus Other Taxable Income Non-Operating 2. Net Taxable Income
The BIR released these revised forms starting in 2019, but they are labeled as January 2018 versions for consistency. If you are filing for a taxable year after 2018, you should use this version unless the BIR has released a newer one.
Submit the printed tax return, financial statements, and BIR Form 2307s to your RDO. Final Thoughts
: All information must be entered in CAPITAL LETTERS .
Excel formats make it incredibly easy to copy and paste ledger accounts directly from your accounting software (like QuickBooks, Xero, or SAP). bir form 1702 rt version 2018 excel format free
Income taxed at ordinary corporate rates.
This form applies to domestic corporations, resident foreign corporations, partnerships, joint-stock companies, and joint ventures that earn income taxable under the regular rate specified in the National Internal Revenue Code (NIRC). It is intended for entities with mixed income streams subject to preferential or special tax rates (which instead use Form 1702-MX). Why Use an Excel Format for BIR Form 1702-RT? Submit the printed tax return, financial statements, and
BIR Form 1702-RT is used by corporations, partnerships, and other non-individual entities that are subject to the regular corporate income tax rate, rather than special, preferential, or exempt rates.
The is more than just a spreadsheet—it is a practical solution for accurate tax computation, audit readiness, and stress-free annual filing. While the BIR has moved toward online systems, the flexibility of Excel ensures that small businesses and accounting professionals can maintain control over their numbers without expensive software. Income taxed at ordinary corporate rates
Gross Income=Sales/Revenues/Receipts/Fees−Cost of Sales/Services+Other Taxable Income Non-OperatingGross Income equals Sales/Revenues/Receipts/Fees minus Cost of Sales/Services plus Other Taxable Income Non-Operating 2. Net Taxable Income
The BIR released these revised forms starting in 2019, but they are labeled as January 2018 versions for consistency. If you are filing for a taxable year after 2018, you should use this version unless the BIR has released a newer one.