RMC No. 67-2016 — Advises all Revenue Collection Officers not to accept checks as well as taxpayer's checks drawn from Comsavings Bank

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City BUPFAU OF HNTERNAL REVENUE REEOREG MGT DIVISIOI KECEIVEN JUN 2 7 2016 4:08PM* UMan

June 20, 2016

REVENUE MEMORANDUM CIRCULAR NO. lo F-D1lo

SUBJECT : Non-acceptance of Checks/Drawn Checks from COMSAVINGS BANK with trade name GSIS FAMILY BANK (A THRIFT BANK),(A Closed Bank) by Revenue Collection Officers

TO All Revenue Collection Officers (RCOs)/ Special Collection Officers (SCOs)/Collection Officers (COs) and Others Concerned

at 2/F AIC Grande Tower, Ortigas Center, Garnet Rd., Brgy. San Antonio. City of Pasig. in advised not to accept checks, as well as taxpayer's checks drawn from the COMSAVINGS BANK with trade name GSIS FAMILY BANK (A THRIFT BANK), with office address 2016 of the Bangko Sentral ng Pilipinas (BSP), considering that the said bank is prohibited the designated Receiver. Officers (RCOs)/Special Collection Officers (SCOs)/Collection Officers (COs) are hereby payment of internal revenue taxes as per Monetary Board Resolution No.826.A dated May 13. from doing business in the Philippines and has been placed under receivership with PDIC as For the information and guidance of all concerned, all Revenue Collection

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

KIM S. JACINTO-HENARES

J- I Commissioner of Internal Revenue E 0423 2 6