How do I Remit (Pay) Corporate Tax – BANK (Guide)

Step 1: Sign into your financial institution’s online banking for business

Step 2: Click the “Tax Payment” section according to your bank as indicated below.

Step 3: Add Federal – Corporation Tax Payment – TXINS (if needed)

• Is “Federal – Corporation Tax Payment – TXINS” Listed?

  • Yes: skip to step 6

  • No: click “Add Payment Type” then proceed to step 4

Step 4: Select “Federal – Corporation Tax Payment – TXINS,” then click “Next”

Step 5: Enter your corporate Business Number (RC number) – it contains 9 digits + RC + 0001, and the Fiscal year beginning date, then click next

Step 6: Once added, select it and click “Pay”

Step 7: Fill out the payment form as follows:

• Period ending: is your corporate year to which you are making this payment (Example: 20XX-12-31)

• Payment Date: This is the date you specify for the bank to process this payment.

• Enter the amount due in “Payment On Filing.” Don’t use Interim or Amount owing

• Click Next – Review the information, then click Submit

Step 8: Print the confirmation sheet in PDF format and email it to us