RMO No. 32-2020 — Creates and modifies the Alphanumeric Tax Code (ATC) for Excise Tax in BIR Form No. 2200-AN (Excise Tax Return for Automobiles and Non-Essential Goods) pursuant to the implementation of RA No. 10963 (TRAIN Law) Digest | Full Text

nU bF th,TERNAL REVI: REPUBLIC OF THE PHILIPPINES RECORDS MGT. tvtsl0 DEPARTMENT OF FINANCE BUREAU OF INTERNAL RE\IENU Quezon City September 11,2020 WO REVENUE MEMoRANDUM ORDER No. 20 : SUBJECT Creation and ModificaUon of Alphanumeric Tax Code (ATC) for Excise Tax in BIR Form No.220GAN (Ercise Tax Retum forAutomobiles and Non-EssentialGoods) Pursuant to the lmplementation of Republic Act (RA) No. 10963, also Known as Tax Reform forAcceleration and lnclusion (TRAIN) Law TO : AllCollectionAgents, Revenue Districtfficersand CIherlnternalRevenue fficers Concemed I. OBJECTIVE: To facilitate the proper accounting and monitoring of tax collection from Excise Tax in BIR Form No. 2200-AN (Excise Tax Return for Automobiles and Non-Essential Goods), in connection with the implementation of RA No. 10963. II, THE FOLLOWING ATCS ARE HEREBY CREATED: ATC Description Tax Rate Legal BIR Form Basis No. XGO71 Hybrid Vehicles 50Yo of the applicable excise tax rate XGO72 50Yo of the applicable excise tax rate RA No. 2200-AN Over P600,000 to P1,000,000 50% of the applicable excise tax rate 1 0963 xG073 Over P1 ,000,000 to P4,000,000 RR No. Over P[,000,000 s-2018 lll. THE FOLLOWING ATCS ARE HEREBY MODIFIED: EXISTING (per ATC Handbook) MODIFIED/NEW BIR FORM ATC Description Tax Rate Description Tax Rate Legal Basis NO. 4o/o Passenger Cars Passenger cars 10Yo RA No. 2200-AN 20Yo 1 0963 XGO21 Up to P600,000 2o/o Up to P600,000 RR No. Over P600,000 Over P600,000 50% 5-2018 xG022 P12,000 plus 20o/o of the value in to P1.1 Million excess of P600,000 to P1 ,000,000 XG023 Over P1 .1 Million Over P1 ,000,000 Pl 12,000 plus 4Ao/o of the value XGO24 to P2.1 Million in excess of P1,100,000 to P4,000,000 Over P2.1 Million Over Ft4.000,000 P512,000 plus 60% of the value in excess of P2,100,000 XGO31 Utility Vehicles 2% Utility Vehicles 4o/o XGO32 P12,000 plus 20o/o of the value in 1Ao/o Up to P600,000 Up to P600,000 XG033 Over P600,000 excess of P600,000 Over P600,000 2Ao/o P1 12,000 plus 40o/o of the value XGO34 to P1.1 Million to P1,000,000 5A% Over P1 .1 Million in excess of P1,100,000 Over P1 ,000,000 P512,000 plus 600/o of the value to P2.1 Million to P4,000,000 Over P2.1 Million in excess of P2,100,000 Over P[,000,000 u'

F. rt t l' "'r' EXISTING (per ATC Handbook) MODIFIED/NEW BIR FORM ATC Description Tax Rate Description Tax Rate Legal Basis NO. Passenger Vans Passenger Vans RA No. 2200-AN 1 0963 XGO41 Up to P600,000 ZYo Up to P600,000 4o/o RR No. Over P600,000 Over P600,000 10o/o 5-2018 xG042 P12,000 plus 20a/o of the value in 20o/o to P1.1 Million to P1,000,000 XG043 Over P1 .1 Million excess of P600,000 Over P1 ,000,000 50% P1 12,000 plus 4Ao/o of the value XG044 to P2.1 Million to P4,000,000 Exempt Over P2.1 Million in excess of P1 ,100,000 Over P[,000,000 P512,000 plus 60To of the value in excess of P2,100,000 XG068 Purely Electric Hybrid Exempt Purely Electric Vehicles Vehicles XG065 Hybrid Vehicles 4o/o Hybrid Vehicles 50% of the Up to P600,000 applicable excise Up to P600,000 1lYo Over P600,000 tax rate* 20o/o to P1,000,000 Over P1 ,000,000 SAYo to P4,000,000 Over P[,000,000 *50% of the applicable excise tax rates on automobiles under Section 149 of NIRC, as amended IV. REPEALING CIAUSE: This Revenue Memorandum Order (RMO) revises portions of all other issuances inconsistent herewith. V. EFFECTIVIW: F CAESAR R. DULAY This RMO shall take effect immediately. Commissioner of lnternal Revenue B-3 !, 0369?3 Page2of2