Description

BIR Form No. 1606 is a tax return form used for the remittance of withholding tax on the sale, transfer, or exchange of real property classified as an ordinary asset. This form must be filed by the Withholding Agent/Buyer who is responsible for deducting and remitting the withholding tax to the Bureau of Internal Revenue (BIR).

An ordinary asset refers to real property that is held primarily for sale to customers in the ordinary course of trade or business. This classification differentiates it from capital assets, which are properties primarily used for personal or investment purposes.

Who Should File BIR Form No. 1606?

This form applies to buyers, transferees, or withholding agents who acquire real property classified as an ordinary asset through a sale, barter, or exchange and are required to remit withholding tax on the transaction.

When to File

The deadline for filing BIR Form No. 1606 is on or before the 10th day of the month following the month in which the taxable transaction took place.

For example, if the sale or transfer occurred in March, the deadline for filing and remittance of tax will be April 10.

How to File and Pay

Filing and payment can be done through the following methods:

Manual Filing – Submit the accomplished form along with the necessary attachments at the Authorized Agent Bank (AAB) of the Revenue District Office (RDO) where the property is registered.
Electronic Filing (eFPS/eBIRForms) – Taxpayers enrolled in the Electronic Filing and Payment System (eFPS) or using eBIRForms can file and pay online.
Payment Options – Payment can be made through:
- Authorized Agent Banks (AABs)
- Revenue Collection Officers (RCOs)
- Online payment channels (e.g., GCash, PayMaya, Landbank, DBP, etc.)

Download BIR Form No. 1606

To download the official BIR Form No. 1606, click the link below:

Download BIR Form No. 1606 (PDF)

View Guidelines

For a detailed guide on how to fill out and submit the form, refer to the official BIR guidelines:

View BIR Form No. 1606 Guidelines

By ensuring the timely filing and payment of withholding tax using BIR Form No. 1606, buyers and withholding agents can comply with tax regulations and avoid penalties. Always refer to the BIR website or consult a tax professional for any updates or clarifications.