RMO No. 01-2006 — Create , modifie and drop certain Alphanumeric Tax Code to facilitate the proper identification and monitoring of payment for No Audit Program (NAP), withholding on gro amount of refund given by Meralco and Final Withholding Value-Added Tax impo ed on government money payment Dige t | Full Text

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City January 12, 2006 REVENUE MEMORANDUM ORDER NO. 1-2006 SUBJECT : Creation, Modification and Dropping of Alphanumeric Tax Code (ATC) of Selected Revenue Source under the Tax Forms Enhancement Program TO : All Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concerned I. Objective : To facilitate the proper identification and monitoring of payments for No Audit Program (NAP), Withholding on Gross amount of refund given by Meralco and Final Withholding Value-Added Tax (FWVAT) imposed on government money payments. II. Creation of New ATC : In connection with the Tax Forms and Enhancement Program and for Integrated Tax System (ITS) purposes, the following ATCs are hereby created: KIND OF TAX ISSUANCE/ BIR ATC Miscellaneous Taxes LEGAL BASIS/ FORM REASONS NO. Payments for No Audit Program (NAP) RR No. 6 - 2005 0605-101 MC101 Withholding Taxes RR No. 8 - 2005 1601-E Withholding on gross amount of WC650 refund given by Meralco to customers WI650 with active contracts as classified by Meralco � 25 % a. Corporate b. Individual

KIND OF TAX ISSUANCE/ BIR LEGAL BASIS/ Withholding on gross amount of FORM refund given by Meralco to customers REASONS with terminated contracts as classified NO. ATC by Meralco � 32 % RR No. 8 - 2005 1601-E a. Corporate b. Individual WC651 WI651 III. The following ATCs are hereby modified : KIND OF TAXES ISSUANCE/ BIR ATC LEGAL BASIS/ FORM NO. WV010 REASONS WV020 1600 WV040 EXISTING NEW 1600 Withholding of Final Withholding 1600 Creditable Value- Value- Added Tax Added Tax (FWVAT) On purchase Payments for Sec. 12 ( C ) of goods purchases of of subject to 3% goods subject to 5% RA No. 9337 On services Payments for Sec. 12 ( C ) rendered by purchases of of contractors services subject to 6% subject to 5% RA No. 9337 Lease or use Payments for Sec. 12 ( C ) of properties or lease or use of of property rights properties or to non-resident property rights to RA No. 9337 owners non-resident subject to 10% owners subject to 10%

IV. The Alphanumeric Tax Code No. WV030 ( Government public works contractors subject to 8.5% ) is hereby dropped. V. Repealing clause : This Revenue Memorandum Order revises portions of all other issuances inconsistent herewith. VI. Effectivity : This Revenue Memorandum Order shall take effect immediately. (Original Signed) JOSE MARIO C. BU�AG Commissioner of Internal Revenue b-3/jun