In line with the President’s ordinance to monitor income tax payments of working foreign nationals, the Philippine Economic Zone Authority (PEZA) issued Memorandum Circular No. Taxpayer’s Identification Number (TIN) and Income Tax Return for calendar year 2018 of their foreign national employees to the agency’s Foreign National Unit (FNU). Following the issuance of the memorandum circular, it is advisable for both the employers and foreign national workers to be aware of the tax compliance rules. 1901 is for registration of self-employed and mixed income individuals, non-resident aliens engaged in trade/business, estates/trusts; BIR Form No. An NRANETB whose sole income has been subjected to final withholding tax is no longer required to file an annual income tax return.

Source: Philippine Star June 03, 2019 16:00 UTC