Implication of non-submission of 2316 to new employer

Leean

Leean

Arresto Menor

Posts : 1
Join date : 07/07/2011

Hi,

I've noticed very rampant ang di pagbibigay ng mga employers ng BIR Form 2316. If these employees got another job within the same calendar year na nagresign sila, at walang 2316 from the previous employer, what would be the effect on their taxable income for the year? Will the personal/additional exemptions of the employee be forfeited since walang basis ang current employer for the income received by the employees?

Thanks,
Leean

attyLLL

attyLLL

moderator

Posts : 21671
Join date : 12/04/2010
Location : https://www.facebook.com/BPOEmployeeAdvocate/

the exemptions will not be forfeited. what can happen is that you will not be given the benefit of your previous tax payments.

Implication of non-submission of 2316 to new employer

1 Implication of non-submission of 2316 to new employer Thu Jul 07, 2011 12:23 pm

Leean

2 Re: Implication of non-submission of 2316 to new employer Tue Jul 12, 2011 11:45 pm

attyLLL