(Revenue Memorandum Circular No. 80-2016, July 21, 2016)
This Tax Alert is issued to inform all concerned that suspension of some revenue issuances as promulgated under Section 69-2016 is now partially lifted.
The following issuances, among others, are now in effect:
Issuance Number Title/Description of issuance
REVENUE MEMORANDUM ORDERS (RMO)
RMO No. 22-2016 Prescribing the policies and procedures for the Issuance of electronic Certificate Authorizing Registration (eCAR)
RMO No. 28- 2016 Authorizing the policies, guidelines and procedures in implementing the Memorandum of Understanding between the Home Development Mutual Funds and the BIR in electronic filing of tax returns thru eBIR Forms and issuance of eCAR
RMO No. 30- 2016 Prescribing guidelines, policies and procedures for replacement of spoiled/bad order and factory defected internal revenue stamps under the Internal Revenue Stamps Integrated System (IRSIS)
RMO No. 31- 2016 Amends RMO No. 13-2014 particularly on the public auction sale of absolutely forfeited and seized properties
RMO No. 32- 2016 Further clarifying and amending certain policies, guidelines and procedures in the issuance of importer/broker clearance certificates relative to the accreditation as importer/customs broker
RMO No. 33- 2016 Prescribing uniform procedures for the implementation of Internal Revenue Stamp Integrated System (IRSIS)
RMO No. 34- 2016 Amending the prescribed format for the Notice of Denial that shall be prepared by concerned Regional Offices relative to Applications for Compromise Settlement and/or Abatement of Penalties
REVENUE MEMORANDUM CIRCULARS (RMC)
RMC No. 59- 2016 Publishing the Daily Minimum Wage Rates in ARMM pursuant to Wage Order No. ARMM- 16
RMC No. 66- 2016 Clarifications on the provisions of RMC 60-2016
BANK BULLETINS
Bank Bulletin No. 2016-19 COMSAVINGS BANK with trade name GSIS FAMILY BANK (A THRIFT BANK)
Bank Bulletin No. 2016-20 Electronic Submission of the Dishonored Check details in Comma Separated Value Format and the Encoding of Payments Details in the Limited Bank Data Entry System (LBDES)