Who is a withholding agent - Printable Version +- Tax Waze by Bustamante Lozada and Associates (http://www.taxwaze.com) +-- Forum: Subjects - Highlights and Favorites (http://www.taxwaze.com/forumdisplay.php?fid=4) +--- Forum: Remedial (http://www.taxwaze.com/forumdisplay.php?fid=6) +--- Thread: Who is a withholding agent (/showthread.php?tid=78) |
Who is a withholding agent - admin - 06-02-2019 A withholding agent is a separate entity acting no more than an agent of the government for the collection of tax in order to ensure its payments. He is merely a tax collector, NOT a taxpayer. If a withholding agent was assessed for deficiency withholding tax under the NIRC, as such, it is being held liable in its capacity as a withholding agent and not its personality as a taxpayer (CIR vs. CA, GR 104151, March 10, 1995). |