Marketplace 2307s: collect and claim

3 quick questions. Pick an answer to see why.

1. Elle sold ₱400,000 on Lazada this quarter before VAT, and ₱448,000 including VAT. How much should Lazada's 2307 show as withheld?

₱2,000 ₱2,240 ₱4,000

The 0.5% applies to sales before VAT: ₱400,000 × 0.5% = ₱2,000. VAT and the platform's own fees are left out of the base.

2. Where does Kuting Kitchen claim the ₱6,000 in marketplace 2307s for Q3 2026?

On the 2550Q, as creditable VAT On the 1702Q, as creditable tax withheld per 2307 On the 1601-EQ, as a remittance

Marketplace withholding is income tax, so it's subtracted on the income tax return: ₱32,400 − ₱6,000 = ₱26,400 to pay.

3. When you claim 2307 credits on a return, what else do you file?

A SAWT listing each 2307 A new 2303 Nothing, the platform reports it for you

The Summary Alphalist of Withholding Taxes (SAWT) lists every 2307 you claim, and goes to BIR the same day as the return.