RMC No. 85-2018 — Clarifies certain issues relative to the issuance of Electronic Certificate Authorizing Registration (eCAR) for transferring real properties with the Land Registration Authority

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezor City

September 5, 2018

REVENUE MEMORANDUM CIRCULAR NO. - 85-&D18

SUBIECT Clarification on Certain Issues Relative to the Issuance of Electronic Certificate

Authorizing Registration (eCAR) for Transferring Real Properties with the Land Registration Authority

TO : All Inte rnal Revenue Officers;, Ernployees and Others Concerned

who have multiple trantactions involving onty one (1) Title in transferring their real properties with the Land Registrati or Authority. This Circular is Hereby issued to address the problems being encountered by taxpayers

Q-1: How many eCARs will be issued if taxpayer submitted an Extra-Judicial Settlement with Sale, or Extra-Judicial Settlement with Waiver of Rights?

A-1: There are two (2) transactions involved, one (1) for settlement of the estate and

another or 2 (1) for transfer thru sae or donation, thus two (2) eCARs will be issued.

of Deeds (RI), since presentation of only one (1) eCAR to RD will invalidate the second eC.AR transaction in the system resulting to the issuance of Notice of The Reven.ie Officer assigned in the One-Time Transaction (ONETT) Team must advise the :axpayer to present the two (2) eCARs simultaneously to the Registry Invalid eC.AR by the RD.

Q-2: How many: eCARs will be issued if the docum:ents submitted by the taxpayer

are two (2) separate documents, such as Extra-Judicial Settlement and Deed of Absolute S:le or Deed of Donation?

A-2: Two (2) eCARs must be issued. The Revenue Officer assigned in the ONETT

Team shall first issue an eCAR for the estate settlement to be presented by the taxpayer to. the RD for the issuance of a new Title.

The new itle number that will be issued for the first transaction on the settlement of estate shall be the basis for the issuance of the eCAR for the 2nd transactior , be it sale or donation.

The taxpay 8.%" may opt to pay for the applicable taxes for both transactions at the same time x. avoid incurring penalt es and interest.

this circular as wide pub icity as possible All internal revertie officials, employees a nd others concerned are hereby enjoined to give

CAESAR. R. DULAY

t 3 I ay md BUREAU OF INTERNAL REVENUE RECORDS MGT. DIVISION MV C ncyn OCT 01.2018 4: 252M WMa } Cormissioner of Internal Revenu: 019780