RMC No. 107-2018 — Amends RMC No. 43-2018 regarding the creation of Fast Lane for all One-Time Transactions (ONETT) involving simple transaction

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAUOF INTERNALRSTENOE 2f BUREAU OF INTERNAL REVENUE Quezon City DEC 2 8 2018 2 3:5 0M G :

RECORDS MGT. DIVISION

November 15, 2018

REVENUE MEMORANDUM CIRCULAR NO._107 - &0/8

SUBJECT Amending Revenue Memorandum Circular (RMC) No. 43-2018

(ONETT) Involving Simple Transaction regarding the Creation of Fast Lane for all One-Time Transactions

TO :.All Internal Revenue Officers, Employees and Others Concerned

Circular (RMC) No. 43-2018 which shall now read as follows: This Circular is hereby issued to amend second paragraph of Revenue Memorandum

of the Assessment Section assigned as Officer of the Day and approved by the Assistant Revenue District Office/ Revenue District Officer depending on the threshold set forth under Revenue Memorandum Order No. 55-2016. The ONETT under the fast lane shall be processed by the Group Supervisor

pesos (P 20,000.00) and below shall be paid in cash while payments above twenty- later than the next banking day. Thereafter, the concerned RCO shall provide the corresponding details of payment, to be used as basis for the verification of Check to the Revenue Collection Officer (RCO). The RCO shall then deposit all collections to the Authorized Government Depository Bank (AGDB) daily or not Chief, Collection Section with the photocopies of the electronic Revenue Official Receipt (ROR) and deposit slip, duly stamped "received" by the AGDB with the thousand pesos (P 20,000.00) shall be made through Manager's Check or Cashier's payment. In order to avail of the fast lane, payments amounting to twenty-thousand

this circular as wide a publicity as possible. All internal revenue officials, employees and others concerned are hereby enjoined to give

1080u1v

1-3 / apmd Commissioner of Internal Revenue CAESAR. R. DULAY 022217

IBUREAU OF INTERNAL REVENUE INTERNAL COMMUNICATIONS DIVISION SE? DEC 2 3 2013M