RMO No. 16-2000 — Prescribes the policies and procedures for the processing and monitoring of withholding tax payments from National Government Agencies Digest

REVENUE MEMORANDUM ORDER NO. 16-2000 issued May 12, 2000 prescribes the policies and procedures for the processing and monitoring of withholding tax payments from National Government Agencies (NGAs). The BIR, through the Authorized Agent Banks (AABs), shall no longer accept the Modified Disbursement System check and Authority to Debit the Account of the Agency in the remittance of all taxes withheld by the NGAs, except for withholding taxes due from transactions of government agencies funded from the Working/Imprest Fund and Revolving Fund. Instead, the Revenue Accounting Division (RAD) and the Finance Division (FD) of the concerned Regional Office (RO) shall recognize the remittance of current and prior years' taxes withheld by the NGAs as collections, upon the receipt of the Tax Remittance Advice (TRA) issued by the Department of Budget and Management (DBM). All TRAs issued by the DBM shall be taken up as collection by RAD and the FD of the concerned RO. RDOs should likewise monitor that the NGAs under their respective jurisdiction will file their Withholding Tax Returns on or before the 25th of the month, together with copies of the request and Summary of Taxes Withheld duly received by the DBM. They are also required to submit to the Withholding Tax Division a report on the list of NGAs who have complied or who have not complied with the filing requirements of the BIR.