RMO No. 32-2009 — Creates the Alphanumeric Tax Code (ATC) of certain income payments subject to Expanded Withholding Tax per Revenue Regulations No. 6-2009 Digest | Full Text

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE November 11, 2009 REVENUE MEMORANDUM ORDER NO. 32 -2009 SUBJECT : Creation of Alphanumeric Tax Code (ATC) of Certain Income TO Payments Subject to Expanded Withholding Tax per Revenue Regulations No. 6-2009 : All Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concerned I. Objective: To facilitate the proper identification and monitoring of certain tax payments subject to Expanded Withholding Tax pursuant to Revenue Regulations No. 6 -2009 (Amending Further Pertinent Provisions of Revenue Regulations (RR) No. 2-98, as Amended, Providing for an Additional Criteria in the Determination of Top Twenty Thousand (20,000) Private Corporations, Including the Threshold on their Purchases of Agricultural Products, and Additional Transactions Subject to Creditable Withholding Tax on Income Payments Made by the Top Five Thousand (5,000) Individual Taxpayers Engaged in Trade/Business or Practice of Profession, the following ATCs are hereby created: KIND OF TAX ISSUANCE/ BIR ATC TAX LEGAL BASIS/ FORM RATE WI67 0 REASONS NO. WC67 0 1% 1% Subject to creditable withholding tax WI6 7 2 WC67 2 2% 1. Income payments made 1601E 2% by the top five thousand (5,000) individual taxpayers to their local/resident suppliers RR No. 6-2009 of goods other than those covered by other rates of withholding tax i) Individual ii) Corporate 2. Income payments made 1601E by the top five thousand (5,000) individual taxpayers to their local/resident suppliers RR No. 6-2009 of services other than those covered by other rates of withholding tax i) Individual ii) Corporate

II. Repealing Clause: This Revenue Memorandum Order revises portions of all other issuances inconsistent herewith. III. Effectivity: This Revenue Memorandum Order shall take effect immediately. (Original Signed) JOEL L. TAN-TORRES Senior Deputy Commissioner (Approved pursuant to the authority under Executive Order No. 827 Series of 2009) b-3