Related Revenue Issuances

Revenue Regulations (RRs) Issuance No. SUBJECT Date

RR No. 13-2008 Consolidated Regulations on Advance Value-Added Tax on the Sale of Refined Sugar; Amending and/or Revoking All Revenue Issuances Issued to this Effect, and for Other Related Purposes

9/19/2008

RR No. 13 - 2007 Prescribing the Rules on the Advance Payment of Value-Added Tax/Percentage Tax on the Transport of Naturally Grown Planted Timber Products

10/15/2007

RR No. 11-2007 Suspension of the Implementation of Revenue Regulations No. 6-2007 8/15/2007

RR No. 6-2007 Consolidated Regulations on Advance Value-Added Tax on the Sale of Refined Sugar, Amending and/or Revoking all Revenue Issuances Issued to this Effect, and for Other Related Purposes

3/21/2007

RR No. 4-2007 Amending Certain Provisions of RR No. 16-2005, As Amended, Otherwise Known as the Consolidated Value-Added Tax Regulations of 2005

2/7/2007

RR No. 2-2007 Amending Certain Provisions of RR No. 16-2005, As Amended, Otherwise Known as the Consolidated Value-Added Tax Regulations of 2005

12/22/2006

RR 16-2005 Consolidated Value-Added Tax Regulations of 2005. 9/1/2005

RR 7-2004 Implementing Sec. 109(bb) and (cc) of the National Internal Revenue Code, as Amended by RA 9238, Excluding Services Rendered by Doctors of Medicine duly Registered with the Professional Regulatory Commission (PRC), and Services Rendered by Lawyers Duly Registered with the Integrated Bar of the Philippines (IBP) from the Coverage of Value-Added Tax.

5/7/2004

RR 4-2004 Supplementing the Rules on the Advance Payment of Value-Added Tax on Sale of Refined Sugar as Provided for in RR 2-2004.

3/22/2004

RR 2-2004 Further Enhancing the Rules on the Advance Payment of Value-Added Tax on Sale of Refined Sugar, Amending RR 7-89 and 29-2002

1/2/2004

RR 29-2003 Advance Payment of VAT on the Sale of Flour 10/30/2003

RR 28-2003 Amending Further Pertinent Provisions of RR 2-98 as Amended, Relative to the Issuance of Certificate of Value-Added Tax Withheld at Source, Thereby Amending RR 4-2002; and For the Purpose.

10/15/2003

RR 27-2003 Regulations Further Amending the Transitory Provisions of RR 18-99 as Amended by RR 12-2003, Pertaining to the Deadline for the Usage of Properly Stamped Unused Non-VAT Invoices or Receipts.

6/30/2003

RR 5-2003 Rules and Regulations To Implement The Remittance of the Following: (a) 70% Share of the ARMM in the Withholding Tax Payments of National Government Agencies (NGAs) and in the National Collections from Taxpayers Other Than NGAs Provided for Under Section 9, Article IX of RA 9054, Amending Therein Certain Sections of RR 4-98; (b)Allotment to the Regional Government (RG) of the 30% Share of the National Government (NG) of all Current Year Collections of Internal Revenue Taxes Within ARMM for a Period of Five (5) Years as may be Provided in the Annual Appropriations Act as Provided for Under Section 15, Article IX of RA 9054; and c) 50% of the 80% Share of the NG from the Yearly Incremental Revenue From VAT Collections Within ARMM Received by the Central Government as Provided for Under Section 15, in Relation to Section 9, both of Article IX of RA 9054 As Well As in Relation to Section 283 of the National Internal Revenue Code (NIRC) of 1997.

1/22/2003

RR 29-2002 Enhancing the Rules on the Advance Payment of Value- Added Tax on the Sale of Refined Sugar, thereby Amending RR 7-89, and Other Purposes.

12/9/2002

RR 8-2002 Amending Further Pertinent Provisions of RR 7-95, as Amended , With Respect to the Time of Filing of Quarterly VAT Returns; Contents and Submission of Quarterly Total of Monthly Sales and Purchases Per Supplier

6/13/2002

or Customer, and Providing for the Penalties and Effect of Non-Submission Thereof; and Clarifying Further the Mode of Remittance of VAT Due From Non-Residents.

RR 2-98 Implementing Republic Act No. 8424, "An Act Amending the National Internal Revenue Code (NIRC) as Amended" relative to the Withholding on Income Subject to the Expanded Withholding Tax and Final Withholding Tax, Withholding of Income Tax on Compensation, Withholding of Creditable VAT and other Percentage Taxes

4/17/98

Revenue Memorandum Orders(RMOs) Issuance No. SUBJECT Date

RMO No. 3-2009 Amendment and Consolidation of the Guidelines in the Conduct of Surveillance and Stock-Taking Activities, and the Implementation of the Administrative Sanction of Suspension and Temporary Closure of Business

1/15/2009

RMO No. 6-2008 Prescribing the Guidelines and Procedures in the Printing, Requisition, Reporting, Issuance and Distribution of Certificate of Advance Payment of Value-Added Tax/ Percentage Tax on the Transport of Naturally Grown and Planted Timber Products as Prescribed in RR No. 13-2007 Dated October 15, 2007

12/31/2007

RMO No. 16-2007 Prescribing Additional Procedures in the Audit of Input Taxes Claimed in the VAT Returns by Revenue Officers and Amending "Annex B" of RMO No. 53-98 With Respect to the Checklist of Documents to be Submitted by a Taxpayer Upon Audit of his/its VAT Liabilities as well as the Mandatory Reporting Requirements to be Prepared by the Assigned Revenue Officer/s Relative Thereto, All of Which Shall Form an Integral Part of the Docket

7/20/2007

RMO No. 7-2006 Prescribing the guidelines and procedures in the processing of applications for zero-rating of effectively zero-rated transactions for Value-Added Tax purposes

12/15/2005

RMO No. 26-2005 Suspension of issuance of assessments for deficiency Value-Added Tax against cinema/theater operators/owners

10/11/2005

RMO No. 22-2004 Value-Added Tax (VAT) Exemption Certificate/ Identification Card Issued to qualified foreign embassies and their qualified personnel Amending/ Modifying RMO No. 81-99

5/24/2004

RMO No. 5-2004 Prescribing the guidelines and procedures in the implementation of RR No. 29-2003 on the advance payment of Value-Added Tax on the sale of flour

12/29/2003

RMO No. 35-2002 Prescribing the guidelines and procedures in the processing and issuance of Authority to Release Imported Goods (ATRIG) for Excise and Value-Added Tax Purposes

10/28/2002

RMO No. 9-2000 Tax treatment of sales of goods, properties and services made by VAT- registered suppliers to BOI-registered manufacturers-exporters with 100% export sales

2/2/2000

RMO No. 81-99 Issuance of Value-Added Tax (VAT) Exemption Certificate to all qualified embassies and their personnel

10/8/1999

RMO No. 40-94 Prescribing the Modified Procedures on the Processing of Claims for VAT Credit/ Refund

5/6/1994

Revenue Memorandum Circulars (RMCs) Issuance No. SUBJECT Date

RMC No. 77-2008 Taxability of Director’s Fees Received By Directors Who are not Employees of the Corporation for VAT or Percentage Tax Purposes as Espoused Under Revenue Memorandum Circular No. 34-2008

11/24/2008

RMC No. 46-2008 Clarification of Issues Concerning Common Carriers by Air and Their Agents Relative to the Revenue and Receipt from Transport of Passengers, Goods/Cargoes and Mail, and from Excess Baggage

2/1/2008

RMC No. 34-2008 Tax Treatment of Director’s Fees for Income Tax and Business Tax Purposes

4/15/2008

RMC No. 59-2007 Clarifying the Effect of Suspension of RR No. 6-2007, Otherwise Known As the "Consolidated Regulations on Advance Value-Added Tax on the Sale of

9/12/2007

Refined Sugar, Amending and/or Revoking All Revenue Issuances Issued to this Effect and for Other Related Purposes"

RMC No. 53-2007 Reiteration of the Amendment Made by RA No. 9337 Imposing VAT on the Sale of Non-Food Agricultural Products, Marine and Forest Products and on the Sale of Cotton and Cotton Seeds in their Original State

8/7/2007

RMC No. 39-2007 Clarifying the Income Tax and VAT Treatment of Agency Fees/Gross Receipts of Security Agencies Including the Withholding of Taxes Due Thereon

1/22/2007

RMC No. 35-2006 Clarifying the Proper VAT and EWT Treatment of Freight and Other Incidental Charges Billed by Freight Forwarders

6/21/2006

RMC No. 31-2006 Value Added Tax (VAT) on the Construction or Renovation of Official Buildings or Properties of the United States of America Embassy

5/29/2006

RMC No. 30-2006 Prescribing the Submission of a Narrative Memorandum Report to Accompany the VAT Credit Evaluation Report and Requiring the Attachment of Certain Documents Prior to Approval of the Tax Credit Certificate (TCC) Recommended by the Tax and Revenue Group (TRG), Department of Finance One-Stop Shop Inter-Agency Tax Credit and Duty Drawback Center (DOF-OSS)

3/23/2006

RMC No. 22-2006 Clarifying certain issues relating to the implementation of the increase in the Value-Added Tax rate from 10% to 12% on the sale of goods pursuant to Republic Act No. 9337

4/5/2006

RMC No. 21-2006 Clarification of Issues on How to Fill-up the new Version of VAT Forms (September, 2005 Version) and other Related Issues

3/24/2006

RMC No. 8-2006 Clarifying certain issues relating to the implementation of the increase in the VAT rate from 10% to 12% pursuant to Republic Act No. 9337

1/31/2006

RMC No. 5-2006 Prescribing the use of the Government Money Payment Chart Implementing Sections 2.57.2, 4.114 and 5.116 of Revenue Regulations No. 2-98 as amended by Revenue Regulations No. 16-2005 in relation to Sections 57 (B), 114 (C) and 116 to 123 of Republic Act No. 8424 as amended by Republic Act No. 9337

11/2/2005

RMC No. 72-2005 Transition procedures for all Electronic Filing and Payment System filers (Large Taxpayers/Top 10,000 Corporations) in filing tax returns affected by the new VAT Law (R.A. 9337)

12/16/2005

RMC No. 68-2005 Enhanced VAT forms – BIR Form No. 2550M (Monthly Value-Added Tax

Declaration) and BIR Form No. 2550Q (Quarterly Value-Added Tax Return) – September 2005 version

12/1/2005

RMC No. 62-2005 Revised guidelines in the registration and invoicing requirements including clarification on common issues affecting Value-Added Tax (VAT) taxpayers Pursuant to RA No. 9337 (An Act Amending Sections 27, 28, 34, 106, 108, 109, 110, 111, 112, 113, 114, 116, 117, 119, 121, 148, 151, 236, 237 and 288 of the National Internal Revenue Code of 1997, as Amended, and for other Purposes)

10/18/2005

RMC No. 57-2005 Attachments to the quarterly VAT return to be filed starting October 25, 2005

10/18/2005

RMC No. 52-2005 Value-Added Tax (VAT) Liability of the Tollway Industry 9/28/2005 RMC No. 29-2005 Clarifying the provisions of Republic Act No. 9337 (VAT Law of 2005)

applicable to the petroleum industry

6/29/2005

RMC No. 70-2004 Clarification on proper determination of amount of Value-Added Tax on VAT invoices or VAT official receipts

11/20/2004

RMC No. 60-2004 Clarification regarding the withholding of creditable Value-Added Tax by government offices for purchases of P1,000.00 and below

8/20/2004

RMC No. 37-2004 Settlement of the Value-Added Tax liabilities of pawnshops for taxable years 1996 to 2002

6/16/2004

RMC No. 9-2004

Guidelines and Policies Applicable to the Business Tax Applicable to Banks and Non-Bank Financial Intermediaries Performing Quasi-Banking Functions and other Non-Bank Financial Intermediaries As A Result of the

2/19/2004

Enactment and Effectivity of Republic Act No. 9238, An Act Amending Certain Provisions of the National Internal Revenue Code of 1997, As Amended, by Excluding Several Services from the Coverage of the Value-Added Tax and Re-Imposing the Gross Receipts Tax on Banks and Non-Bank Financial Intermediaries Performing Quasi-Banking Functions and Other Non-Bank Financial Intermediaries Beginning January 1, 2004

RMC No. 6-2003 Clarifying Certain Issues Relative to the Services Rendered by Individual Professional Practitioners, General Professional Partnerships, Entertainers, and Professional Athletes Who Are Subject to the Value-Added Tax or Percentage Tax, Whichever is Applicable, Beginning January 1, 2003

1/15/2003

RMC No. 2-2004 Clarifying the issues on VAT taxable transactions of Philippine Ports Authority Amending Revenue Memorandum Circular No. 20-88, Pursuant to Republic Act No. 7716 As Implemented by Revenue Regulations No. 7-95

12/26/2003

RMC No. 61-2003 Issuance of VAT Invoices/Receipt for Non-VAT/Exempt Sale of Goods, Properties or Services

10/6/2003

RMC No. 49-2003 Amending Answer to Question Number 17 of Revenue Memorandum Circular No. 42-2003 and Providing Additional Guidelines on Issues Relative to the Processing of Claims for Value-Added Tax (VAT) Credit/Refund, Including Those Filed with the Tax and Revenue Group, One-Stop Shop Inter-Agency Tax Credit and Duty Drawback Center, Department of Finance (OSS-DOF) by Direct Exporters

8/15/2003

RMC No. 42-2003 Clarifying certain issues raised relative to the processing of claims for Value-Added Tax (VAT) credit/refund, including those filed with the Tax and Revenue Group, One-Stop Shop Inter-Agency Tax Credit and Duty Drawback Center, Department of Finance (OSS-DOF) by Direct Exporters

7/15/2003

RMC No. 30-2003 Clarification of Paragraph 1-Q of Revenue Memorandum Circular No. 28-2003

5/20/2003

RMC No. 56-2002 Taxability of Health Maintenance Organizations (HMOs) for VAT purposes. 12/13/2002 RMC No. 45-2001 Taxability of Pawnshop Operators for VAT Purposes 10/12/2001 RMC No. 28-2001 Taxability of Movie/Cinema House Operators for VAT Purposes

7/2/2001

RMC No. 25-99 Disseminating the Ruling of the Commissioner of Internal Revenue on the Non-eligibility for VAT Zero-Rating of Automobile Sales to Entities Registered with PEZA, SBMA and Clark Development Authority

3/18/1999

RMC No. 32-99 Japanese Contractors undertaking Overseas Economic Cooperation Fund of Japan (OECF) Funded Project are Exempt from the eight and one half percent (8.5%) creditable VAT imposed under Section 114(C) of the Tax Code of 1997 and to the One Percent (1%) Expanded Withholding Tax (EWT) imposed under Section 2.57.2(E) of RR No. 2-98 implementing Section 57(B) of the Tax Code of 1997

5/3/99