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    BIR Form 1703

    Uploaded by

    Anisah C. Azis
    This document is a BIR Form 1703 for reporting annual income information for non-resident citizens and overseas contract workers. It requires information such as the taxpayer and spouse's name, address, date of birth, occupation, income sources and amounts. The form instructions specify that it must be filed by April 15 each year to report foreign-sourced income from the previous tax year. Penalties may be imposed for late or unfiled forms. Required attachments include employer declarations, financial statements, and documents proving foreign residence.

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    BIR Form 1703

    Uploaded by

    Anisah C. Azis
    366 views2 pages
    This document is a BIR Form 1703 for reporting annual income information for non-resident citizens and overseas contract workers. It requires information such as the taxpayer and spouse's name, address, date of birth, occupation, income sources and amounts. The form instructions specify that it must be filed by April 15 each year to report foreign-sourced income from the previous tax year. Penalties may be imposed for late or unfiled forms. Required attachments include employer declarations, financial statements, and documents proving foreign residence.

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    BIR Form 1703

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    This document is a BIR Form 1703 for reporting annual income information for non-resident citizens and overseas contract workers. It requires information such as the taxpayer and spouse's name, address, date of birth, occupation, income sources and amounts. The form instructions specify that it must be filed by April 15 each year to report foreign-sourced income from the previous tax year. Penalties may be imposed for late or unfiled forms. Required attachments include employer declarations, financial statements, and documents proving foreign residence.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    366 views2 pages

    BIR Form 1703

    Uploaded by

    Anisah C. Azis
    This document is a BIR Form 1703 for reporting annual income information for non-resident citizens and overseas contract workers. It requires information such as the taxpayer and spouse's name, address, date of birth, occupation, income sources and amounts. The form instructions specify that it must be filed by April 15 each year to report foreign-sourced income from the previous tax year. Penalties may be imposed for late or unfiled forms. Required attachments include employer declarations, financial statements, and documents proving foreign residence.

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    Attribution Non-Commercial (BY-NC)
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    (To be filled up by the BIR)

    DLN:
    Republika ng Pilipinas Kagawaran ng Pananalapi

    Taxpayer PSIC:

    PSOC:

    Spouse PSIC:

    PSOC:
    BIR Form No.

    Kawanihan ng Rentas Internas For Non-Resident Citizens/OCWs and Seamen (For Foreign - Sourced Income)

    Annual Income Information Return


    2 Amended Return? Yes Background 5 RDO Code No Information 6 Spouse Taxpayer Identification Number (T I N) 3 No. of sheets attached

    1703
    July, 1999 ( ENCS )

    Fill in all applicable spaces. Mark all appropriate boxes with an X.


    1 For the Year ( YYYY ) Part I 4 Taxpayer/Filer Taxpayer Identification Number (T I N)

    7 RDO Code

    Taxpayer's Name (Last Name, First Name, Middle Name)

    Spouse's Name (Last Name, First Name, Middle Name) (if applicable)

    10

    Philippine Home Address

    11 Philippine Home Address

    12

    Foreign Address

    13 Foreign Address

    14

    Date of Birth (MM/DD/YYYY)

    15 Zip Code

    16 Line of Business/ Occupation

    17 Date of Birth (MM/DD/YYYY)

    18 Zip Code

    19 Line of Business/ Occupation

    20

    Telephone Number

    21 Status of Filer Single Head of the Family Declaration of Income Married

    21A

    Number of Qualified Dependent Children

    Part II Nature of Income 22 Compensation (Name and Address of Employer) Country

    Amount of Gross Income Conversion in the Currency of Rate to Source - Country US Dollar

    Amount in US Dollars Taxpayer/Filer Spouse

    23

    Exercise of Profession

    24

    Business

    25

    Other Income

    26 27 28

    Total Gross Income in US $ Less: Foreign National Income Taxes Paid in US $ Net Income in US $

    I declare, under the penalties of perjury, that this return has been made in good faith, verified by me, and to the best of my knowledge and belief, is true and correct, pursuant to the provisions of the National Internal Revenue Code, as amended, and the regulations issued under authority thereof.

    29 Taxpayer/Authorized Agent Signature over Printed Name

    BIR Form No. 1703 - Annual Income Information Return Guidelines and Instructions
    Who Shall File This information return shall be filed in triplicate by Non-resident Citizens and Overseas Contract Workers (OCWs), including qualified Filipino seamen, on income derived from sources abroad. The term "Non-resident Citizen" means: 1. A citizen of the Philippines who establishes to the satisfaction of the Commissioner the fact of his physical presence abroad with a definite intention to reside therein. 2. A citizen of the Philippines who leaves the Philippines during the taxable year to reside abroad, either as an immigrant or for employment on a permanent basis. 3. A citizen of the Philippines who works and derives income from abroad and whose employment thereat requires him to be physically present abroad most of the time during the taxable year. 4. A citizen who has been previously considered as non-resident citizen and who arrives in the Philippines at any time during the taxable year to reside permanently in the Philippines shall likewise be treated as a non-resident citizen for the taxable year in which he arrives in the Philippines with respect to his income derived from sources abroad until the date of his arrival in the Philippines. An individual citizen of the Philippines who is working and deriving income from abroad as an overseas contract worker is taxable only on income from sources within the Philippines; Provided, that a seaman who is a citizen of the Philippines and who receives compensation for services rendered abroad as a member of the complement of a vessel engaged exclusively in international trade shall be treated as an overseas contract worker. When and Where to File The income information return must be filed not later than April 15 of the year followin g the taxable year in which the income was earned to the Foreign Post or the Revenue District Office which has jurisdiction over the place of residence of the taxpayer. Non-resident citizens with foreign addresses or those who have no legal addresses in the Philippines may opt to file or mail from abroad the information returns directly to Revenue District Office No. 51, Pasay City. Penalties There shall be imposed and collected a penalty for failure to file the information return on time, a fine of not more than One Thousand Pesos (P1,000) or suffer imprisonment of not more than six (6) months, or both, upon conviction for each act or omission. In lieu of criminal prosecution, a compromise penalty following the BIR's prescribed Schedule of Compromise Penalties maybe imposed subject to acceptance by the taxpayer. Attachments Required 1. 2. 3. Employer's Declaration of Income Earned Financial Statements, if applicable Proof to show the intention of leaving the Philippines to reside permanently abroad or to return to and reside in the Philippines, ex. Employment Contract, Passport, etc.

    Note: All background information must be properly filled up. Box No. 1 refers to transaction period and not the date of filing this return. The last 3 digits of the 12-digit TIN refers to the branch code.

    ENCS

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