RMC No. 15-2002 — Circularizes BIR Ruling No. 12-02 which contains the interpretation of the term “engaged in preferred areas of activities” used under tax treaty article on royalties Digest

REVENUE MEMORANDUM CIRCULAR NO. 15-2002 issued on April 26, 2002 circularizes BIR Ruling No. 12-02 which contains the interpretation of the term "engaged in preferred areas of activities" used under Article 12 on Royalties of the tax treaty between the Republic of the Philippines and the Netherlands.