RMO No. 3-2019 — Creates and drops the Alphanumeric Tax Code on Microfinance Non-Government Organization and Documentary Stamp Tax in BIR Form 2000-OT under RA No. 10963 (TRAIN Act)

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City BUREAUOFINTERNAL-TENUE RECORDS MGT.DIVISION MVU NTYR JAN 15,2019 2:28PM Uteg

LDT

November 5.2018

REVENUE MEMORANDUM ORDER NO. 9-&019

SUBJECT Creation and Dropping of Alphanumeric Tax Code (ATC on Microfinance Acceleration and Inclusion (TRAIN) Law Non-government Organization (NGOs) and Documentary Stamp Tax (DST) in BIR Form 2000-OT under Republic Act (RA) No.10963,Otherwise Known as Tax Reform for

TO All Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concerned

I OBJECTIVE:

Documentary Stamp Tax in BIR Form No.2000-OT (Documentary Stamp Tax Declaration/Return - One Time Transactions pursuant to RA No. 10963. To facilitate the proper identification and monitoring of tax collections from Microfinance NGOs and

I THE FOLLOWING ATCs ARE HEREBY CREATED

ATC Description Tax Rate Legal Basis Form No. BIR

IC210 Preferential tax rate on Microfinance NGOS 2% Sec.20 of RA No.10693 RR No.3-2017 1702MX 1702Q

Shares or Certificate of Stock Sales, Agreements to Sell, Memoranda of Sales,Deliveries or Transfer of Sec.52 of RA No.10963 2000-OT

DO102 a.In case of stock with par value P1.50/P200.00

DO125 b. In case of stock without par value on original issue 50% of DST paid

DO122 Donation of Real Property Deeds of Sale,Conveyances,and P15.00/P1,000.00 Sec.69 of RA No.10963 2000-OT

I. THE FOLLOWING ATCs ARE HEREBY DROPPED

ATC Description Tax Rate Legal Basis Form No. BIR

PT118 Preferential tax rate on Microfinance 2% Sec.20 of RA No.10693 2551M

NGOS RR No.3-2017

Sales, Agreements to Sell, Memoranda of Sales,Deliveries or Transfer of Shares or Certificate of Stock Sec.52of RA No.10963 2000-OT 2000 and

DS102 a.In case of stock with par value P1.50/P200.00

DS125 b. In case of stock without par value on original issue 50% of DST paid

DS122 Deeds of Sale, Conveyances, and P15.00/P1,000.00 Sec.69 of RA No.10963 2000-OT

Donation of Real Property

IN. REPEALING CLAUSE

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

V. EFFECTIVITY:

This RMO shall take effect immediately.

1cesomy

CAESAR R.DULAY

B-3 BUREAU OF INTERNAL REVENUE RECORDS MGT.DIVISION 19y1 NNYN JAN 152019 2:8P.M UMAg Commissioner of Internal Revenue 022770

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