The Sworn Declaration of Gross Remittances is Annex A to Philippine Bureau of Internal Revenue (BIR) Revenue Memorandum Circular (RMC) No. 8-2024. The form is for BIR-registered sellers and merchants using electronic marketplaces, and it addresses withholding on remittances from marketplace operators and digital financial services providers (DFSPs). Download the BIR Annex A PDF. The requirements below describe the circular and form issued on January 15, 2024; check with the BIR or a Philippine tax professional for later changes before filing.
Who should use the declaration?
RMC No. 8-2024 concerns sellers and merchants doing business through electronic marketplaces. It clarifies withholding tax rules under Revenue Regulations No. 16-2023 for gross remittances made by electronic marketplace operators and DFSPs. The sworn declaration communicates whether the seller’s gross remittances are expected or determined not to exceed the threshold described in the circular.
The circular also says sellers and merchants must register their business and provide the marketplace with a copy of their BIR-issued Certificate of Registration. The sworn declaration does not replace business registration or income-tax filing.
Where to get the PDF
Use the official BIR document: Annex A: Sworn Declaration of Gross Remittances. The related guidance is in BIR Revenue Memorandum Circular No. 8-2024.
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What the 2024 circular says about the threshold and timing
RMC No. 8-2024 describes a ₱500,000 gross-remittance threshold. A seller whose gross remittances are determined and/or expected not to exceed ₱500,000 is instructed to submit the prescribed declaration, received by the BIR, to the marketplace operator or DFSP. The circular says to submit it on or before the 20th day of the first month of each taxable year.
If gross remittances exceed ₱500,000 during the taxable year, the circular says the seller should immediately submit a prescribed declaration received by the BIR indicating that the threshold has been exceeded. These are requirements stated in the 2024 circular; verify whether later BIR issuances changed the threshold, timing, or process.
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What information and signatures the form requires
Annex A asks the filer to provide:
- The seller’s or merchant’s name, business address, and TIN.
- The names of the marketplace operators or DFSPs covered by the declaration.
- The applicable period and a selection indicating whether gross remittances exceed ₱500,000.
- The seller’s signature, or the signature of an authorized representative.
The form includes a jurat/notarial section, fields for government ID details, and a receipt section for the withholding agent or payor. It instructs the filer to affix ₱30 documentary stamp tax. Those details and amounts are printed on the 2024 form and should be checked against current BIR instructions.
What happens if you do not submit it?
RMC No. 8-2024 says that failure to submit the prescribed sworn declaration results in automatic withholding under RR No. 16-2023, regardless of actual income or gross remittance. The Annex A text says that when gross remittances exceed ₱500,000 during the taxable period, the marketplace or DFSP/withholding agent automatically withholds 1% on one-half of gross remittances for goods and services sold or paid through its platform or facility. These are figures in the BIR’s 2024 materials, not confirmation that the same terms remain in force in October 2026.
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Does the declaration exempt you from income tax?
No. The declaration concerns withholding on gross remittances; it is not a general exemption from income tax and does not eliminate tax filing obligations. The circular separately discusses supporting certification for sellers who are exempt from income tax or subject to a lower rate. A seller relying on an exemption or lower rate should confirm the applicable documentary requirements with the BIR or a tax professional rather than treating Annex A alone as proof of that status.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Check current instructions before filing
The BIR sources cited here are RMC No. 8-2024 and its Annex A, both dated January 15, 2024. They establish what the circular and form stated when issued, but do not establish whether a later issuance amended the rules or replaced the form. Confirm the current form, thresholds, deadlines, and submission process with the BIR or a qualified Philippine tax professional before relying on the 2024 instructions.
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