RMO No. 47-2019 — Modifies and drops the Alphanumeric Tax Code (ATC) on Final Withholding Tax on Amounts Withdrawn from Decedent's Deposit Account and Excise Tax on the Performance of Services on Invasive Cosmetic Procedures pursuant to RR No. 8-2019 and RR No. 2-2019 Digest | Full Text

l I ii i i:-'-'w''*1,i' . ll;:'rti '. , , .1 . REPUBLIC OF THE PHILIPPINES I iI ij i iii I ., NFBARTMENT OF FINANCE SEPob20lg iiiii BUREAU OF INTERNAL REVENUE ffili\lI uNlCAIl0itS Ottytstou Quezon City ll-r'\Fir^=d#oxe'nei M'Pct-.YDit'v,l,srr1ui,{it July 9, 2019 ffirflU,ll REVENUE MEMORANDUM ORDER NO. 4rl-fun : SUBJECT Modification and Dropping of Alphanumeric Tax Code (ATC) on Final Withholding Tax on Amounts Withdrawn from Decedent's Deposit Account and Excise Tax on the Performance of Services on lnvasive Cosmetic of I Procedures pursuant to RR No. 8-2019 (Arnending the Pertinent Provisions Section and 10 under Revenue Regulations No. 12-2418) and RR No. 2-2019 (Rules and Regulations lmplementing the lmposition of Excise Tax on Non-Essential Services lntroduced by Republic Act No. 10963, otherwise known as the "Tax Reform for Acceleration and lnclusion (TRAIN) Laul' TO : All Collection Agents, Revenue District Officers and Other lnternal Revenue Offieers Concerned I. OBJECTIVE: To facilitate the proper identification and monitoring of tax collections from Final withholding tax on amounts withdrawn from decedent's deposit account and Excise tax on the performance of services on invasive cosmetic procedures pursuant to RR No. 8-2019 and RR No. 2-2019. II. THE FOLLOWING ATC IS HEREBY MODIFIED: EXISTING (per ATC Handbook) MODIFIEDI NEW ATC Descripiion Tax Rate Legal BIR Form wr165 Basis No. BIR Form No. Finat Withholding Tax on RR No. 1602Q/ Arnounts withdrawn from 2306 1621 t clecedent's deposit accou nt I 8-201 0620t 2306

lil. THE FOLLOWING ATCs ARE HEREBY DROPPED: ATC Description Tax Rate Legal Basis BIR Form No. 5o/o Final Withholding of Excise RR No. 2-2019 1620-XC Tax on the Performance of wr800 services on invasive cosmetic procedures WCSOO a, lndividual b. Corporate IV. REPEALING CLAUSE: This Revenue Memorandum Order (RMO) revises portions of all other issuances inconsistent herewith. V, EFFECTIVITY: This RMO shall take effect immediately. /1R;;:*^4{&1 CAESAR R. DULAY Commissioner of lnternal Revenue 02867 4 B-3