RMC No. 09-2018 — Prescribes the additional mandatory requirements for all Economic Zone Developers/Operators duly registered under the Philippine Economic Zone Authority for the processing of Electronic Certificate Authorizing Registration

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

December 13. 2017

REVENUE MEMORANDUM CIRCULAR N._ ~ 201 8

SUBJECT Additional Mandatory Requirements for All Economic Zone Developers/

(PEZA) for the Processing of Electronic Certificate Authorizing Registration Operators duly registered under the Philippine Economic Zone Authority (eCAR)

TO All Internal Revenue Officers and Others Concernec

(RDOs) in determining the tax treatment of the transfer of property by Economic Zone Developer/Operator to the processing of Electronic Certificate Authorizing Registration (eCAR). duiy registered under the Philippine Economic Zone Authority (PEZA) to another PEZA entity in relation This Circular is hereby issued in order to set a uniform guideline for all Revenue District Offices

all PEZA Ecozone developers/operators aside from those enumerated under Revenue Memorandum Order (RM0) No. 15-2003. to wit: Accordingiy, hereunder are the following additional documentary requirements to be submitted by

2. Certified true copy of PEZA Registration Agreement: and 3. Certified true copy of PEZA certificate of available tax incentives as of the time ot the 1. Certified true copy of the latest PEZA Certificate of Registration of the PEZA Ecozone developer/operator and the parties to the transaction: transaction.

No further document shall be required to determine the tax treatment for the following transactions:

3. Transfers of property within the SEZ by a PEZA Ecozone developer/operator to a non- 4. Transfers of property outside the SEZ by a PEZA Ecozone developer/operator. 2. Transfers of property within the SEZ by an Ecozone developer/operator to a PEZA- 1. Transfers of property within the Special Economic Zone (SEZ) by an Ecozone developer/operator to a PEZA Economic Zone Facilities Enterprises (EZFE): registered buyer (other than EZFEs): regardless of whether or not the buyer is PEZA registered. PEZA registered entity: and

wide a publicity as possible. All revenue officials. employees and others concerned are hereby enjoined to give this Circular as

BUREAU OF INTERNAL FEVENUE 1aion

RECORDS MGt. DIvISION CAESAR R. DULAY

-3/upmd 3:43 JAN 17 2018 P.M iiMwaA Commissioner of Internal Revenu 012626

RECEIVED