RMC No. 31-2017 — Circularizes the Advisory issued by the Microfinance NGO Regulatory Council regarding the implementation of RR No. 3-2017 implementing the tax provisions of RA No. 10693 ("Microfinance NGOs Act") Digest | Full Text | Annex

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE April 12, 2017 REVENUE MEMORANDUM CIRCULAR NO. 31-2017 SUBJECT: Circularizing the Advisory issued by the Microfinance NGO Regulatory Council in TO: relation to the implementation of Revenue Regulations (RR) No. 3-2017 implementing the tax provisions of Republic Act (RA) No. 10693, otherwise known as the "MICROFINANCE NGOs ACT" All Internal Revenue Officers and Others Concerned For the information and guidelines of all internal revenue officers, employees and others concerned, we are publishing herein the Microfinance NGO Regulatory Council Advisory1 on the Transitory Accreditation of Micro-Finance Non-Government Organization (MICROFINANCE NGO) dated 31 March 2017 issued by Ms. Teresita J. Herbosa, Chairperson of the MICROFINANCE NGO Regulatory Council including the List of MICROFINANCE NGOs2 with Certificate of No Derogatory Information. All concerned are hereby enjoined to be guided accordingly and to give this Circular as wide a publicity as possible. (Original Signed) CAESAR R. DULAY Commissioner of Internal Revenue K 1 Annex "A" 2 Annex "A-1"