Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Who is a withholding agent
#1
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).
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)