RMC No. 131-2016 — Circularizes the list of Personal Equity Retirement Account (PERA) Unit Investment Trust Funds duly approved by the Bangko Sentral ng Pilipinas Digest | Full Text | Annex A

BUREAU OF INTERMAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

December 13, 2016

REVENUF MEMORANDUM CIRCULAR NO. /3/- 3O/0

SUBJECT the Bangko Sentral ng Pilipinas (BSP). Circularizing the List of Personal Equity Retirement Account (PERA) Unit Investment Trust Funds (UITFs) Duly Approved by

TO All Internal Revenue Officers and Others Concerned

the investments and re-investments of PERA assets in PERA investment products shall be exempt from income taxes provided that said PERA investment products have been 2008, and Section 9 of Revenue Regulations (RR) No. 17-2011, all income earned from duly accredited by the concerned Regulatory Authority. 9505. otherwise known as the Personal Equity Retirement Account (PERA) Act of Under Rule 11 of the Rules and Regulations Implementing Republic Act No.

products duly approved/accredited by the Bangko Sentral ng Pilipinas (BSP), as confirmed by the latter in its letter' dated November 28, 2016, to wit: Below is the list of PERA Unit Investment Trust Funds (UITFs)/investment

5 3 1 No. 4 1 BDO Inc . BDO Philippine Islands Inc. Philippine Islands Name of Bank Philippine Islands Philippine Islands Bank Bank Bank Bank Unibank, Unibank, of of of of the I the the the Fund BDO Bond BPI BDO BPI Bond Fund Money Market Equity Fund Name of Fund Sub- Income Fund Government Fund Equity Fund BPI Corporate BPI PERA PERA PERA PERAEquity PERA Index PERA Index Equity Bond BalancedPERA- Market Money type Bond Equity Bond PERA- Bond Money Market Balanced PERA- PERA- fund PERA- PERA- type Equity Detailed of Peso Denomi- nation Peso Peso Peso Peso Peso 7/23/2015 Date 5/19/2015 7/23/2015 BSP 5/19/2015 5/19/2015 5/19/2015 Approval of

I Attached hereto as Annexes "A"* and "A-I" RECORDS MGT DIVISION HREAU OF INTERNAL REVENUE DEC 13 2016 4:09

O RECEIVEA

Pag^ 2 of'2

1 10. 1 3 12 8. 9 T Rizal Commercial Rizal Commercial Land Bank of the|LANDBANK Land Bank of the[LANDBANK Land Bank of theLANDBANK Banking Corp Banking Corp. Banking Corp. Rizal Commercial Philippines Inc. Philippines Philippines BDO UnibankBDO Fund RCBC Money Market Equity Fund RCBC PERA RCBC PERA GIobal Market Fund Balanced Fund Fund PERA Money Fund Dollar Fund PERA Short PERA PERA PERA Bond Term Balanced Money Market Money Equity Market Bond Market Bond Money Money Market PERA- Market Balanced Fund PERA- Money Equity Bond PERA- Bond PERA. PERA- PERA- PERA- Money Market Peso Peso Peso Peso Peso Peso Dollar 6/19/2015 6/19/2015 6/19/2015 11/11/2015 11/11/2015 7/23/2015 11/11/2015

be exempt from income taxes under Rule 1 1 of the Rules and Regulations Implementing investments and re-investments of PERA assets in government securities is likewise investments of PERA assets in the above-enumerated PERA investment products shall the PERA Act of 2008, and Section 9 of RR No. 17-2011. Moreover, income from exempt from income taxes under the said provisions. It is emphasized that only income earned from the investments and re-

circular as wide a publicity as possible. All concerned are hereby enjoined to be guided accordingly and give this

Commissioner of Internal Revenue CAESAR R. DULAY

K- BUREAU OF INTERNAL REVENUE RECORDS MGT. DIVISION 4:080M: 002531

DEC 1 3 2016 MA RECEIVED