RR No. 6-2021 — Prescribes additional guidelines for implementing the tax provisions of the PERA Act of 2008 effectively amending pertinent provisions of RR No. 17-2011 (Published in Malaya Business Insight on April 16, 2021) Digest | Full Text | Annex A | Annex B | Annex C | Annex D | Annex E | Annex F

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City REVENUE REGULATIONS NO. ___ fAPR 1 s 2021 SUBJECT Prescribing the Additional Guidelines for Implementing the Tax TO Provisions of the PERA Act of 2008 Effectively Amending Pertinent Provisions of Revenue Regulations Nos. 17-2011 All Internal Revenue Officers and Others Concerned SECTION I. SCOPE. - Pursuant to Section 244 of the National Internal Revenue Code of 1997. as amended, these Regulations are hereby issued to prescribe the additional guidelines for implementing the tax provisions of Republic Act No. 9505, otherwise known as the "Personal Equity and Retirement Account (PERA) Act qf2008" effectively amending the pertinent provisions of Revenue Regulations (RR) Nos. 17-2011. SECTION 2. SUBMISSION OF REPORTS BY PERA ADMINISTRATORS. - The following reports shall be submitted by the PERA Administrators through the PERASys administered by the Bangko Sentral ng Pilipinas and forwarded to the Bureau of Internal Revenue. for approval of the PERA Processing Office, through the ePERA system: Name of Reoort Due Date of Submission Format Not later than the fifteenth ( 151h) day Annex "A'' I Quarterly Report on PERA following the close of every quarter Annex '�B'' Contributions Within sixty (60) days following the Annex "C" 2 Quarterly Report on PERA end of the quarter of the date of Annex ''ff' Distributions/ Early Withdrawals/ termination or withdrawal Terminations Within sixty days (60) days from the 3 Annual Report on PERA Contributions close of the calendar year 4 Annual Report on PERA Within sixty days (60) days from the Distributions/ Early Withdrawals/ close of the calendar year Tenninations Within sixty days (60) days from the Annex "E" 5 Alphalist of PERA Contributors close of the calendar year SECTION 3. PROCESSING AND ISSUANCE OF PERA-TCC. - The PERA-Tax Credit Certificate (TCC) refers to the document evidencing the amount of tax credit equivalent to five percent (5%) of the total amount of qualified PERA contributions made in a year. The application for PERA-TCC shall be filed online thru the PERASys by the PERA Administrator within sixty days (60) days from the close of the calendar year. The application shall be processsed and approved for issuance of the corresponding PERA-TCC by the PERA Processing Office, using the format in Annex "F" of these Regulations; and shall be generated through the facilities of the ePERA System. Likewise, the PERA-TCC shall be readily accessible at the PERASys by the PERA Administrator. for issuance to their respective contributors. It shall be printed only upon request of utilization by the qualified contributor. 1