| Written by Arnel Oabina |
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Pursuant to Admin Memo No. 18, series of 2008 Re: Revised Guidelines on Withholding Tax Deduction and Income Tax Fund, please be advised that taxes withheld from your salaries for CY 2009 will be credited to your respective PNB accounts on 15 March 2010.
The share of each employee from the earnings of the Income Tax Fund from placements made by the Center during the year wil be distributed by the Treasury Services Unit (TSU) starting 15 May 2010. The employee shall be required to present the Income Tax Return (ITR) as proof that it was filed with the BIR and the corresponding tax was paid either full or installment. The deadline for filing of individual ITR for CY 2009 is on 15 April 2010. As such, you may claim your BIR Form 2316 Certificate of Compensation Payment starting 5 March 2010 from Accounting Unit (AcU) c/o Resty Cambe.
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