RMO No. 40-2025 — Creation and Dropping of Alphanumeric Tax Code (ATC) of Selected Revenue Source under Republic Act (R.A.) No. 12214 (Capital Markets Efficiency Promotion Act)

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

Bringing In Revenues for Nation-Building National Office Building Quezon City July 3.2025 PILIPINAS BAGONG

REVENUE MEMORANDUM ORDER NO. 040-2025

SUBJECT Creation and Dropping of Alphanumeric Tax Code (ATC) of Selected Revenue Source under Republic Act (R.A.) No.12214 (Capital Markets Efficiency Promotion Act)

TO All Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concerned

I OBJECTIVE:

the issuance of Republic Act No. 12214,otherwise known as Capital Markets Efficiency Promotion Act, the following ATCs are hereby created and dropped: To facilitate the proper identification and monitoring of payment for excise tax pursuant to

A.The following ATCs are hereby created

ATC Description Tax Rate Legal Basis BIR Form No

XG056 XG057 XG058 XG059 Pick-Ups Up to P600,000 Over P600,000 to P1,000,000 Over P1,000,000 to P4,000,000 Over P4,000,000 50% 10% 20% 4% R.A. No. 12214 2200-AN

B. The following ATC is hereby dropped

ATC Description Tax Rate Legal Basis BIR Form No

XG055 Pick-Ups Exempt R.A. No. 10963 2200-AN

I REPEALING CLAUSE:

This Revenue Memorandum Order (RMO) revises portions of all other issuances inconsistent herewith.

I EFFECTIVITY:

This RMO shall take effect immediately.

RUREAUSFINTERNALREVENUE RECORDS MANAGEMENT DIVISION s 1 Commissioner of Internal Revenue ROMEO D. LUMAGUI, JR.

B-3 SEP 1 7 2025 by:

3 TERESITAMANGELES

BY ADMIN UNIT TIME 20 per RDO No.056-2025 dated Sep.15.2025 Resource Management Group Deputy Commission Officer-in-Charge

BIR National Office Bldg., Senator Miriam Defensor-Santiago Avenue,Diliman,Quezon City

Trunkline: 8981-7000 ; 8929-7676 Website:www.bir.gov.ph