What is BIR Form 2316?

BIR Form 2316, or the Certificate of Compensation Payment/Tax Withheld, is an annual tax document prepared by your employer.

It shows information such as your:

• Compensation received during the applicable calendar year
• Taxable and non-taxable compensation
• Income tax due, if applicable
• Taxes withheld by your employer

Your 2316 covers only the compensation and applicable taxes recorded for the specific calendar year indicated on the form.