RR No. 7-2005 — Amends pertinent provisions of Revenue Regulations No. 4-2000 by providing a new format for the Notice to the Public to be exhibited at place of business (Published in Manila Bulletin on April 14, 2005) Digest | Full Text

REPUBLIKA NG PILIPINAS KAGAWARAN NG PANANALAPI KAWANIHAN NG RENTAS INTERNAS March 31, 2005 REVENUE REGULATIONS NO. 7 - 2005 SUBJECT : Amending Pertinent Provision of Revenue Regulations No. 4-2000, By Providing a new Format for the Notice to the Public to be Exhibited at Place of Business. TO : All Revenue Officials, Employees and Others Concerned SECTION 1. Scope � Pursuant to the provisions of Section 244, in relation to Sections 237, 238, 264 and 265 of the Tax Code of 1997, this Regulation is hereby promulgated to provide a new BIR Notice to be exhibited at place of business. SECTION 2. Exhibition of Notice at Place of Business � For the purpose of enhancing accomplishment of the objectives of RR No. 4- 2000, the "NOTICE" provided for under Section 3 is hereby changed to conform strictly to the following: ASK FOR BIR RECEIPT This will ensure that the 2 to 4 YEARS IMPRISONMENT taxes on your purchases will be remitted to the FOR NON ISSUANCE OF RECEIPT REPORT VIOLATORS TO ANY OF FOLLOWING: ! BIR CONTACT CENTER (02)981-8888 ! commissioner@bir.gov.ph ! BIR DISTRICT OFFICES government. It will be (Name of Business Establishment) used for the development ________________________________________ of the Philippines (TIN) RR#____.This NOTICE shall cause to be posted in place of business, including branches and mobile stores in such area conspicuous to the public view. 1

SECTION 3 � Repealing Clause� All regulations, rules, orders or portions thereof contrary to the provisions of these Regulations are hereby modified and/or repealed accordingly. SECTION 5 � Effectivity � These regulations shall take effect fifteen (15) days after publication in any newspaper of general circulation. (Original Signed) CESAR V. PURISIMA Secretary of Finance Recommending Approval: (Original Signed) GUILLERMO L. PARAYNO Commissioner of Internal Revenue 2