pg 1-2 ocr (To be filled up by the BIR)Document Locator Number (DLN): _______________________Batch Control Sheet (BCS) No./Item No.:________________________________Fill in all blank spaces. Shade all applicable circles.TO BE FILED IN THREE (3) COPIES: (1) BIR FILE COPY (2) BIR ENCODING COPY (3) TAXPAYER FILE COPY1For theCalendarFiscal3Amended Return?4Short Period Return?5Alphanumeric TaxIC 055Minimum Corporate Income Tax (MCIT)2Year EndedYesNoYesNoCode (ATC)(MM/YYYY)Part 1Background Information6Taxpayer Identification7RDO Code8Date of Incorporation---Number (TIN)(MM/DD/YYYY)9Taxpayer's Name10Registered Address(Unit/Room Number/Floor)(Building Name)(Lot Number Block Number Phase Number Building Number)(Street Name)(Subdivision/Village)(Barangay)(Municipality/City)(Province)(Zip Code)11Contact Number12E-mail Address13Line of Business14Method of DeductionItemized DeductionOptional Standard Deduction (OSD)15Are you availing of Tax Relief under Special or International Tax Treaty?NoYesIf yes, fill out spaces below:ExemptSpecial RateRegular/Normal Rate (Special Tax Relief)15A/BInvestment Promotion Agency (IPA)15A15B15C/D/ELegal Basis15C15D15E15F/G/HRegistered Activity/Program (Registration Number)15F15G15H15I/JSpecial Tax Rate15I%15J%Effectivity Date of Tax Relief15K/L/MFrom(MM/DD/YYYY)15K15L15M15N/O/PTo(MM/DD/YYYY)15N15O15PPart IIComputation of TaxExemptSpecial RateRegular/Normal Rate16Sales/Revenues/Receipts/Fees (from Item 80J/K/L)*16A16B16C17Less: Cost of Sales/Services (from Item 81J/K/L)*17A17B17C18Gross Income from Operation (Item 16 less Item 17) (from Item 82J/K/L)*18A18B18C19Add: Other Taxable Income not Subjected to Final Tax (from Item 83J/K/L)*19A19B19C20Total Gross Income (Sum of Item 18 & 19)(from Item 84J/K/L)*20A20B20CLess: Allowable Deductions21Optional Standard Deduction (40% of Item 20)(from Item 85J/K/L)*21A21B21COR22Regular Allowable Itemized Deductions (from Item 86J/K/L)*22A22B22C23Special Allowable Itemized Deductions (specify) (from Item 87J/K/L/V/W/X)*IncentiveLegal Basis23A/B/C23A23B23C23D/E/F23D23E23F24Allowance for NOLCO (from Item 57)24A24B24C25Total Itemized Deductions (Sum of Items 22, 23 & 24)(from Ite 89J/K/L)*25A25B25C*If with multiple activities per tax regime, use Supplemental Form (Schedule 4)BIR Form No. 1702 - page 2ExemptSpecial RateRegular/Normal Rate26Net Taxable Income (Item 20 less Item 21 OR Item 25) (from Item 90J/K/L)*26A26B26C27Applicable Income Tax Rate (i.e., special rate or regular/normal rate)27A%27B%27C%28Income Tax Due other than MCIT (Item 26 x Item 27)28A28B28C29Less: Share of Other Agencies2930Net Income Tax Due to National Government (Item 28B less Item 29)3031MCIT (2% of Gross Income in Item 20C)3132Income Tax Due (MCIT in Item 31 or Normal Income Tax in Item 28C, whichever is higher)3233Less: Tax Credits/Payments (attach proof)33APrior Year's Excess Credits Other Than MCIT33A33BIncome Tax Payment under MCIT from Previous Quarter/s33B33CIncome Tax Payment under Regular/Normal Rate from Previous Quarter/s33C33DExcess MCIT Applied this Current Taxable Year33D33E/FCreditable Tax Withheld from Previous Quarter/s33E33F33G/HCreditable Tax Withheld per BIR Form No. 2307 for the Fourth Quarter33G33H33I/JForeign Tax Credits, if applicable33I33J33K/LTax Paid in Return Previously Filed, if this is an Amended Return33K33L33MIncome Tax Payment under Special Rate from Previous Quarter/s33M33NSpecial Tax Credits (from Item 44) (from Item 103J/K/L)*33N33O/POther Credits/Payments, specify________________________33O33P33Q/RTotal Tax Credits/Payments (Sum of Items 33E, G, I, K, M, N & O/ 33A, B, C, D, F, H, J, L & P)33Q33R34Net Tax Payable/(Overpayment) (Item 30 less Item 33Q/ Item 32 less Item 33R)34A34B35Aggregate Tax Payable/(Overpayment) (Sum of Item 34A & 34B)3536Add: Penalties36A Surcharge36A36B Interest36B36C Compromise36C36D Total Penalties (Sum of Items 36A, 36B & 36C)36D37Total Amount Payable/(Overpayment) (Sum of Item 35 & 36D)37If overpayment, shade one circle only (once the choice is made, the same is irrevocable):To be refundedTo be issued a Tax Credit Certificate (TCC)To be carried over as tax credit for next year/quarterPart IIITax Relief AvailmentExemptSpecial RateRegular/Normal Rate38Regular Income Tax Otherwise Due (30% of the Total of Item 23 & 26) (from Item 97J/K/L)*38A38B38C39Less: Income Tax Due (from Item 28) (from Item 98J/K/L)*39A39B39C40Tax Relief Availment before Special Tax Credit (Item 38 less Item 39) (from Item 99J/K/L)40A40B40CBreakdown of Item 4041Tax Relief Availment on Gross/Net Income (Item 26 x 30% less Item 28) (from Item 100J/K/L)41A41B41C42Tax Relief on Special Allowable Itemized Deductions (Item 23 x 30%) (from Item 101J/K/L)42A42B42C43Sub Total of Item 41 & 42 which is equal to Item 40 (from Item 102J/K/L)43A43B43C44Special Tax Credit (from Item 103J/K/L)44A44B44C45Total Tax Relief Availment (Sum ot Item 43 & 44) (from Item 104J/K/L)45A45B45CPart IVDetails of PaymentParticularsDrawee Bank/AgencyNumberDate (MM/DD/YYYY)Amount46Cash/Bank Debit Memo46A46B46C46D47Check47A47B47C47D48Tax Debit Memo48A48B48C49Others49A49B49C49DNOTE: Read Guidelines and Instructions on Page 4.*If with multiple activities per tax regime, use Supplemental Form (Schedule 4)- THIS FORM IS NOT FOR SALE -

Republika ng PilipinasKagawaran ng PananalapiKawanihan ng Rentas InternasAll information must be written in CAPITAL LETTERS.November 2011 (ENCS)BIR Form No.1702Annual Income Tax ReturnFor Corporation, Partnership and Other Non-Individual TaxpayerStamp of Receiving Office/AAB and Date of Receipt (RO's Signature/Bank Teller's Initial)

pg 3 ocrBIR Form No. 1702 - page 3Schedule 1Computation of Net Operating Loss Carry Over (NOLCO)50Gross Income5051Less: Total Deductions exclusive of NOLCO & Deductions under Special Laws5152Net Operating Loss Carry Over (to Schedule 1A)52Schedule 1AComputation of Available Net Operating Loss Carry Over (NOLCO) (attach additional sheet/s, if necessary)Net Operating LossNet Operating Loss Carry Over (NOLCO)Net Operating Loss (Unapplied)Year IncurredAmountApplied Previous YearApplied Current YearExpired5353A53B53C53D53E5454A54B54C54D54E5555A55B55C55D55E5656A56B56C56D56E57Total (Sum of Items 53C, 54C, 55C & 56C) (to Item 24)57Schedule 2Computation of Excess Minimum Corporate Income Tax (MCIT) of Previous YearYearNormal Income Tax as adjustedMCITExcess MCIT over Normal Income Tax as adjustedBalance MCIT Still Allowable as Tax CreditExpired/Used Portion of Excess MCITExcess MCIT Applied this Current Taxable Year58596061Schedule 3Reconciliation of Net Income Per Books Against Taxable Income (attach additional sheet/s, if necessary)Special RateRegular/Normal Rate62Net Income/(Loss) per books62A62BAdd: Non-deductible Expenses/Taxable Other Income6363A63B6464A64B65Total (Sum of Items 62, 63 & 64)65A65BLess: Non-taxable Income and Income Subjected to Final Tax6666A66B6767A67BSpecial Deductions6868A68B6969A69B70Total (Sum of Items 66, 67, 68 & 69)70A70B71Net Taxable Income/(Loss) (Item 65 less Item 70)71A71BWe declare under the penalties of perjury, that this annual return has been made in good faith, verfied by us, and to the best of our knowledge and belief, is true and correct, pursuant to the provisions of the National Internal Revenue Code, as amended, and the regulations issued under authority thereof.96729773President/Vice President/Principal Officer/Accredited Tax AgentTreasurer/Assistant Treasurer(Signature over Printed Name)(Signature over Printed Name)Title/Position of SignatoryTIN of SignatoryTitle/Position of SignatoryTax Agent Accreditation No./Atty's Roll No. (if applicable)Date of IssuanceDate of ExpiryTIN of Signatory74Community Tax Certificate Number75Place of Issue76Date of Issue (MM/DD/YYYY)77AmountATCDESCRIPTIONTAX RATETAX BASEATCDESCRIPTIONTAX RATETAX BASEDOMESTIC CORPORATIONDOMESTIC CORPORATIONIC 0101. a. In General30%Taxable Income from All Sources7. Exempt CorporationIC 055b. Minimum Corporate Income Tax2%Gross IncomeIC 011a. On Exempt Activities0%IC 0302. Proprietary Educational Institutions10%Taxable Income from All SourcesIC 010b. On Taxable Activities30%Taxable Income from All Sourcesa. Proprietary Educational Institution whose gross income from unrelated trade, businessIC 0218. General Professional Partnershipexemptor other activity exceeds fifty percent (50%) of the total gross income from all sources.30%Taxable Income from All Sources9. Corporation covered by Special Law*IC 055b. Minimum Corporate Income Tax2%Gross IncomeRESIDENT FOREIGN CORPORATIONIC 0313. Non-Stock, Non-Profit Hospitals10%Taxable Income from All SourcesIC 0701. a. In General30%Taxable Income from Within the Philippinesa. Non-Stock, Non-Profit Hospirals whose gross income from unrelated trade, businessIC 055b. Minimum Corporate Income Tax2%Gross Incomeor other activity exceeds fifty percent (50%) of the total gross income from all sources.30%Taxable Income from All SourcesIC 0802. International Carriers2.5%Gross Philippine BillingIC 055b. Minimum Corporate Income Tax2%Gross IncomeIC 1013. Regional Operating Headquarters*10%Taxable IncomeIC 0404. a. Government Owned and Controlled Corporations(GOCC), Agencies & Instrumentalities30%Taxable Income from All Sources4. Corporation covered by Special Law*IC 055b. Minimum Corporate Income Tax2%Gross IncomeIC 1905. Offshore Banking Units (OBUs)IC 0415. a. National Government and Local Government Units (LGU)30%Taxable Income from Proprietary Activitiesa. Foreign Currency Transaction not subjected to Final Tax10%Gross Taxable Income on Foreign Currency Transactions not subjected to Final TaxIC 055b. Minimum Corporate Income Tax2%Gross Incomeb. Other than Foreign Currency Transaction30%Taxable Income Other Than Foreign Currency TransactionIC 0206. a. Taxable Partnership30%Taxable Income from All SourcesIC 1916. Foreign Currency Deposit Units (FCDU)IC 055b. Minimum Corporate Income Tax2%Gross Incomea. Foreign Currency Transacti.on not subjected to Final Tax10%Gross Taxable Income on Foreign Currency Transactions not subjected to Final Taxb. Other than Foreign Currency Transaction30%Taxable Income Other Than Foreign Currency Transaction*Please refer to Revenue District Offices

supplementalSupplemental Form for BIR Form No. 1702 - page 1Schedule 4Tax Relief Under Special Law/International Tax TreatySection 1Taxpayer's Activity Profile74Tax Regime (e.g., Exempt, Special, Regular)74A74B74C74D74E74F75Investment Promotion Agency (IPA)75A75B75C75D75E75F76Legal Basis76A76B76C76D76E76F77Registered Activity/Program (Registration Number)77A77B77C77D77E77F78Special Tax Rate78A%78B%78C%78D%78E%78F%79Effectivity Date of Tax ReliefFrom(MM/DD/YYYY)79A79B79C79D79E79FTo(MM/DD/YYYY)79J79K79L79M79N79OSection 2Computation of Tax per Activity80Sales/Revenues/Receipts/Fees (net of Sales Return, Allowances & Discounts)80A80B80C80D80E80F81Less: Cost of Sales/Services81A81B81C81D81E81F82Gross Income from Operation (Item 80 less Item 81)82A82B82C82D82E82F83Add: Other Taxable Income not Subjected to Final Tax83A83B83C83D83E83F84Total Gross Income/Gross Taxable Income (Sum of Items 82 & 83)84A84B84C84D84E84FLess: Allowable Deductions85Optional Standard Deduction (OSD) (40% of Gross Income in Item 84)85A85B85C85D85E85FOR Allowable Itemized Deductions86Regular Allowable Itemized Deductions86A86B86C86D86E86F87Special Allowable Itemized Deductions (specify)IncentiveLegal Basis87A87B87C87D87E87F87M87N87O87P87Q87R88Allowance for NOLCO (from Item 57)88A88B88C88D88E88F89Total Itemized Deductions (Sum of Items 86, 87 & 88)89A89B89C89D89E89F90Net Taxable Income/Net Income (Item 84 less Item 85 OR Item 89)90A90B90C90D90E90F91Applicable Income Tax Rate (i.e., special or regular/normal rate)91A%91B%91C%91D%91E%91F%92Income Tax Due other than MCIT (Item 90 x Item 91)92A92B92C92D92E92F93Less: Share of Other Agencies93A93B93C93D93E93F94Net Income Tax Due to National Government (Item 92 less Item 93)94A94B94C94D94E94F95MCIT (2% of Gross Income in Item 84)95A95B95C95D95E95F96Income Tax Due (Normal Income Tax in Item 92 or MCIT in Item 95, whichever is higher)96A96B96C96D96E96FSection 3Tax Relief Availment97Regular Income Tax Otherwise Due (30% of the total of Items 87 & 90)97A97B97C97D97E97F98Less: Income Tax Due (from Item 92)98A98B98C98D98E98F99Tax Relief Availment before Special Tax Credit (Item 97 less Item 98)99A99B99C99D99E99FBreakdown of Item 99100Tax Relief Availment on Gross/Net Income [Item 90 x 30% less Item 92)100A100B100C100D.100E100F101Tax Relief on Special Allowable Itemized Deductions (Item 87 x 30%)101A101B101C101D101E101F102Sub Total of Item 100 & 101 which is equal to Item 99102A102B102C102D102E102F103Special Tax Credit103A103B103C103D103E103F104Total Tax Relief Availment (Sum ot Item 102 & 103)104A104B104C104D104E104FSupplemental for BIR Form No. 1702 - page 2Continuation of Schedule 4Tax Relief Under Special Law/International Tax TreatySection 1Taxpayer's Activity Profile74Tax Regime (e.g., Exempt, Special, Regular)74G74H74I75Investment Promotion Agency (IPA)75G75H75I76Legal Basis76G76H76I77Registered Activity/Program (Registration Number)77G77H77I78Special Tax Rate78G%78H%78I%79Effectivity Date of Tax ReliefFrom(MM/DD/YYYY)79G79H79ITo(MM/DD/YYYY)79P79Q79RSection 2Computation of Tax per ActivityTOTAL EXEMPTTOTAL SPECIALTOTAL REGULAR80Sales/Revenues/Receipts/Fees (net of Sales Return, Allowances & Discounts)80G80H80I80J80K80L81Less: Cost of Sales/Services81G81H81I81J81K81L82Gross Income from Operation (Item 80 less Item 81)82G82H82I82J82K82L83Add: Other Taxable Income not Subjected to Final Tax83G83H83I83J83K83L84Total Gross Income/Gross Taxable Income (Sum of Items 82 & 83)84G84H84I84J84K84LLess: Deductions85Optional Standard Deduction (OSD) (40% of Gross Income in Item 84)85G85H85I85J85K85LOR Allowable Itemized Deductions86Regular Allowable Itemized Deductions86G86H86I86J86K86L87Special Allowable Itemized Deductions (specify)IncentiveLegal Basis87G87H87I87J87K87L87S87T87U87V87W87X88Allowance for NOLCO (from Item 57)88G88H88I88J88K88L89Total Itemized Deductions (Sum of Items 86, 87 & 88)89G89H89I89J89K89L90Net Taxable Income/Net Income (Item 84 less Item 85 OR Item 89)90G90H90I90J90K90L91Applicable Income Tax Rate (i.e., special or regular/normal rate)91G%91H%91I%91J%91K%91L%92Income Tax Due other than MCIT (Item 90 x Item 91)92G92H92I92J92K92L93Less: Share of Other Agencies93G93H93I93J94Net Income Tax Due to National Government (Item 92 less Item 93)94G94H94I94J95MCIT (2% of Gross Income in Item 84)95G95H95I95J96Income Tax Due (Normal Income Tax in Item 92 or MCIT in Item 95, whichever is higher)96G96H96I96JSection 3Tax Relief Availment97Regular Income Tax Otherwise Due (30% of the total of Items 87 & 90)97G97H97I97J97K97L98Less: Income Tax Due (from Item 92)98G98H98I98J98K98L99Tax Relief Availment before Special Tax Credit (Item 97 less Item 98)99G99H99I99J99K99LBreakdown of Item 99100Tax Relief Availment on Gross/Net Income [Item 90 x 30% less Item 92)100G100H100I100J100K100L101Tax Relief on Special Allowable Itemized Deductions (Item 87 x 30%)101G101H101I101J101K101L102Sub Total of Item 100 & 101 which is equal to Item 99102G102H102I102J102K102L103Special Tax Credit103G103H103I103J103K103L104Total Tax Relief Availment (Sum ot Item 102 & 103)104G104H104I104J104K104L