For Merchants in Philippines:
- For Direct Billing : Merchants can compute the withholding tax based on the fees captured in the above FAQ and multiply it to the applicable withholding tax rate. Typically it is 2% with ATC either WC120 or WC160.
-
Merchant can submit their Withholding Tax (WHT) documents through the Xendit Dashboard by following the instructions below:
Navigate to Settings > Billing Statements(opens in new tab)
Find the invoice associated with your WHT and click Upload Withholding Tax Slip
Upload your Withholding Tax Slip in PDF format (maximum file size: 1MB)
For more information, please refer to this documentation: https://docs.xendit.co/docs/philippines-withholding-tax