RMO No. 49-2024 — Creation of Alphanumeric Tax Code for Final Withholding Tax representing Franchise Tax on payments to Non-Resident Foreign Corporation supplier of PAGCOR

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

Bringing In Revenues for Nation-Building National Office Building Quezon City PILIPINAS BAGONG

November 19,2024

REVENUE MEMORANDUM ORDER NO 049 -2024

SUBJECT: Creation of Alphanumeric Tax Code (ATC) for Final Withholding Tax Representing Franchise Tax on Payments to Non-Resident Foreign Corporation Supplier of PAGCOR

TO :All Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concemed

OBJECTIVE:

representing Franchise Tax on payments to Non-resident Foreign Corporation supplier of PAGCOR pursuant to the issuance of Revenue Regulations (RR) No. 2-98, as amended, the following ATC is hereby created: To facilitate the proper identification and monitoring of payment for final withholding tax

ATC Description Tax Rate Legal Basis BIR Form No.

WC810 related to its gaming operations Corporation supplier of PAGCOR Final tax representing Franchise Tax on payments to Non-resident Foreign 5% RR No. 2-98 1601-FQ/ 2306

I REPEALING CLAUSE:

herewith. This Revenue Memorandum Order (RMO) revises portions of all other issuances inconsistent

EFFECTIVITY:

This RMO shall take effect immediately.

Comr sioner of Internal Revenue MACUI.JR

B-3 BUREAU OF INTERNALREVENUE INTERNAL COMMUNICATIONS DIVISION LSLTYT C BUREAUOFINTERNALREVENUE RECORDS MANAGEMENT DIVISION 1

UCOCIV DE 09 2024 Z:Z3PM 3 DEC 0 9 2024 ADMINUNIT. M IME

BiR National Office Bldg., Senator Miriam Defensor-Santiago Avenue, Diliman, Quezon City Trunkline: 8981-7000 ; 8929-7676 Website: www.bir.gov.ph