RMC No. 100-2023 — Clarifies certain issues in the remittance procedures for Documentary Stamp Tax (DST) under Section 3 of RR No. 2-2023

REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE Quezon City

OCT 0 4 2023

REVENUE MEMORANDUM CIRCULAR NO. |OO - 2O2 3

SUBJECT Clarification on Certain Issues in the Remittance Procedures for DST under Section 3 of Revenue Regulations No. 2-2023

TO Personnel and Others Concerned All Government Agencies or Instrumentalities, Revenue Officials and

BACKGROUND

government agencies or instrumentalities. Documentary Stamps, as proof of payment of DST on all taxable certificates being issued by the use of constructive affixture of Documentary Stamp Tax (DST), in lieu of ioose Revenue Regulations No. 2-2023 dated March 29, 2023 was issued to institutionalize

The provisions of Section 3 of the said Regulations prescribe that:

and remittance of such DST to the Bureau of Internal Revenue (BIR). DOCUMENTARY STAMP. - In lieu of the loose documentary stamps, all documentary stamp as defined herein on the certificates they issue which are constituted as agents of the Commissioner of Internal Revenue for the collection government agencies or instrumentalities shall use the constructive affixture of subject to DST. These government agencies or instrumentalities shall be "SECTION 3. USE OF CONSTRUCTIVE AFFIXTURE OF

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Stamp Tax Declaration/Return (BIR Form No. 2000) and paying the tax through the available payment facilities of the BIR_on or before the fifth (5th) day of the following month." (Underscoring ours) "The collected DST shall be remitted monthly by filing the Documentary

the Revised Cash Examination Manual, Chapter II -- Laws and Rules Relevant in Cash government agencies or instrumentalities remit their DST collections from issued certificates on a more frequent basis (e.g. at least once a week, or as soon as their collections shall reach the amount of ten thousand pesos (P10,000.00). This is in accordance with the provisions of Examination issued by the Commission on Audit. While the above provisions require a one-time remittance of the DST, certain

Tax--System-fITS)/Internal Revenue Integrated System (IRIS) of this Bureau for accounting (BTr), instead of this Bureau. Hence, these DST collections are not captured in the Integrated and monitoring purposes! Land Bank of the Philippines (LBP) under their existing accounts with the Bureau of Treasury Moreover, these remittances are being deposited directly to the concerned branches of E

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Accordingly, this Circular is hereby issued to prescribe the following guidelines for the guidance and compliance by all these concerned government agencies or instrumentalities, as well as the concerned revenue personnel and officials of this Bureau.

1. For government agencies or instrumentalities whose collections of DST are directly

deposited/remitted daily or weekly, as the case may be, to the respective branches of LBP, the BTr-BIR clearing account of the National Treasurer with LBP shall be used, with details as follows:

BTR- BIR Clearing Account Number Account Name

3402282915 BTR BUREAU OF INTERNAL REVENUE DOC STAMP

existing BTr-BIR Clearing Account (i.e., Account No. 3402-2803-94) shall still be used in their remittance of DST collections to LBP. For Revenue Collection Officers (RCOs) of this Bureau, on the other hand, the

2. Regardless of the number of frequencies of deposit/remittance of the DST collection the government agencies or instrumentalities not later than the fifth (5th) day during the calendar month, a single tax return (Documentary Stamp Tax following the calendar month. Declaration/Return [BIR Form No. 2000, Version January 2018]) shall be filed by

3. Pending the revision of BIR Form No. 2000, Version January 2018 and for purposes of securing the necessary information on the frequent DST remittances to LBP, out the information under the columns of the said Schedule, described as follows: Documentary Stamps of the said form shall be accomplished temporarily by filling. Schedule 4-Summary of Remittance from Collection on Sale of Loose

Amount Remitted Remittance Date/s(MM/DD/YYYY) Authorized Agent Bank RCO Code Column Heading of Schedule 4 National Collecting Office (NCO) Amount Remitted Code Remittance Date(s) Authorized Government Depository Bank (AGDB) branch Information to be Filled-out

4. The eBIRForms Package facility shall be used by all concerned government agencies or instrumentalities in the filing of BIR Form No. 2000. However, with

respect to certain government agencies or instrumentalities that are mandated to use the Electronic Filing and Payment System (eFPS) Facility, the eBIRForms Package January 2018, is not yet available in the eFPS. facility shall be used temporarily, considering that BIR Form No. 2000, Version

5. All concerned BIR Revenue District Offices (RDOs) shall monitor the DST

collections from constructive affixture by the government agencies or instrumentalities under their respective jurisdictions, and accordingly coordinate

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reconciliation with the BTr and proper crediting in the collection books. such collections with this Bureau's Revenue Accounting Division, for purposes of

This Circular shall take effective immediately.

wide publicity as possible. All internal revenue officers and employees are hereby enjoined to give this Circular a

Comssioner of Internal Revenue ROME 015466 UMA&UI, JR

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