RMO No. 45-2025 — Modification of Alphanumeric Tax Code (ATC) of Selected Revenue Source under Republic Act (R.A.) No. 12214 (Capital Markets Efficiency Promotion Act)

BUREAU OF INTERNAL REVENUE REPUBLICOF THE PHILIPPINES DEPARTMENT OF FINANCE

Bringing In Revenues for Nation-Building National Office Building Quezon City September 18, 2025 PILIPINAS BAGONG

REVENUE MEMORANDUM ORDER NO 045-2025

SUBJECT Modification of Alphanumeric Tax Code (ATC) of Selected Revenue Source under Republic Act (R.A.) No. 12214 (Capital Markets Efficiency Promotion Act)

TO All Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concerned

I OBJECTIVE:

Markets Efficiency Promotion Act, the following ATCs are hereby modified: on foreign currency deposit pursuant to the issuance of Republic Act No. 12214, otherwise known as Capital To facilitate the proper identification and monitoring of payment for final withholding tax on interest paid

ATC EXISTING (per ATC Handbook) Description Tax Rate FORM NO. BIR LEGAL BASIS MODIFIED/ Tax Rate NEW

WC170 WI170 Interest on foreign currency deposit Resident Corporate Resident Individual 15% 1602Q 2306 R.A. No. 12214/ 21-2025 RR No. 20%

I REPEALING CLAUSE:

This Revenue Memorandum Order (RMO) revises portions of all other issuances inconsistent herewith

I EFFECTIVITY:

This RMO shall take effect immediately.

B-3 OCT 2 O 2025 Commissioner of Internal Revenue ROMEC JMAGUKJR

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