TAX TRIVIA 🧠 DID YOU KNOW?🤔📑 📌 Substituted filing means that qualified employees are no longer required to file their own Annual Income Tax Return (BIR Form 1700) 📌 Under substituted filing, the employer’s Annual Information Return on Income Taxes Withheld (BIR Form No. 1604-C) is considered the “substitute” ITR of the employee, together with the issued BIR Form No. 2316. ⚠️ However, this applies ONLY if the employee meets ALL the requisites for substituted filing. #BIR #RDO18 #ZambalesOlon