revenue_memorandum_circular RMC No. 106-2017RMC No. 106-2017 2017-12-29

RMC No. 106-2017 — Informs all revenue officials, employees and others concerned on the reduction in the expiry period of MDS Check pursuant to Treasury Circular No. 03-2017

REPUBLIC OF THE PHILIPPINES FURLAJ OS IFERNAL REVS IECORDS MGT. DMISION

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE DEC 2 9 2017

RECEIVED

December 28.2017

REVENUE MEMORANDUM CIRCULAR NO. 106 - &017

SUBJECI Reduction in the Expiry Period of MDS CHECK Pursuant to Treasury Circular No. 03-2017 dated October 20.2017

TO : All Internal Revenue Officials, Empioyees and Others Concerned

Collection Officers (SCOs) and Collection Officers (COs), on the reduction of the expiry others concerned. more particularly Revenue Colleotion Officers (RCOs), Special period of Modified Disbursement System (MDS) check from six (6) months to three (3) Bureau of the Treasury (BTr). months. pursuant to Treasury Circular No. 03-2017 dated October 20, 2017 issued by the This Circular is hereby issued to inform all internal revenue officials, employees and

MDS checks received from the National Government Agencies (NGAs) in case of payment of taxes starting January 2. 201& shall not be received. unless the words "VALID FOR THREE MONTHS FROM DATE OF ISSUE" are indicated in the MDS checks. Accordingly, pursuant to the transitory provisions of the said Treasury Circular, all

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

toeonwe

Commissioner of Internal Revenue CAESAR R. DULAY 0 12382

Want an analysis of this document?

Ask ASG Legal AI to summarize it, compare it with other rulings, or explain how it applies to your situation — it researches from this same library.