RMO No. 09-2018 — Creates and modifies the Alphanumeric Tax Code (ATC) of selected revenue source under RA No. 10963 (TRAIN Act) Digest | Full Text

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City January 04, 2018 REVENUE MEMORANDUM ORDER NO. 9-2018 SUBJECT : Creation and Modification of Alphanumeric Tax Code (ATC) of Selected Revenue Source under Republic Act (RA) No. 10963, otherwise known as Tax Reform for Acceleration and Inclusion (TRAIN) Act TO : All Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concerned I. OBJECTIVE: To facilitate the proper identification and monitoring of tax collection from Final Withholding of Excise Tax on Invasive Cosmetic Procedures, Final Withholding Tax on Amounts Withdrawn from Decedent's Deposit Account and Documentary Stamp Tax in BIR Form Nos. 2000 (Documentary Stamp Tax Declaration/Return) and 2000 OT (Documentary Stamp Tax Declaration/Return � One Time Transactions) pursuant to RA No. 10963. II. CREATION OF NEW ATC: ATC Description Tax Rate Legal Basis BIR Form WI165 Final Withholding Tax on Amounts 6% Sec. 27 of RA No. 1602/2306 Withdrawn from Decedent's Deposit Account 10963 Final Withholding of Excise Tax on the 5% Sec. 46 of RA No. 1620-XC performance of services on invasive cosmetic procedures 10963 WI800 a. individual WC800 b. corporate

III. THE FOLLOWING ATCs ARE HEREBY MODIFIED: EXISTING (per ATC Handbook) MODIFIED/NEW BIR FORM ATC Description Tax Rate Legal Tax Rate Legal DS101 Basis Basis NO. Sec. 2 of 2000 DS102 Original Issue of Shares P1.00/P200.00 RA No. P2.00/P200.00 Sec. 51 DS125 of Stock 9243 of RA 2000 DS104 No. and DS105 Sec. 3 of 10963 2000 OT DS106 RA No. 2000 Sales, Agreements to 9243 Sec. 52 DS107 Sell, Memoranda of of RA 2000 DS108 Sales, Deliveries or Sec. 178 No. Transfer of Shares or of RA 10963 2000 Certificates of Stock No. a. With par value P0.75/P200.00 8424 P1.50/P200.00 2000 b. Without par value 25% of DST paid Sec. 179 50% of DST paid Sec. 53 2000 upon the original of RA upon the original of RA Certificates of Profits or No. No. Interest in Property or issue 8424 issue 10963 Accumulations P0.50/P200.00 P1.00/P200.00 Sec. 5 of Sec. 54 Bank Checks, Drafts, P1.50 RA No. P3.00 of RA Certificates of Deposit 9243 No. not Bearing Interest and P1.00/P200.00 of P1.50/P200.00 of 10963 Other Instruments issue price or a Sec. 181 issue price or a Original Issue of All fraction of 365 days of RA fraction of 365 days Sec. 55 Debt Instruments for instrument with No. for instrument with of RA term of less than 1 8424 term of less than 1 No. Acceptance of bill of 10963 exchange and others year Sec. 182 year P0.30/P200.00 of RA P0.60/P200.00 Sec. 57 No. of RA Foreign Bills of Exchange P0.30/P200.00 8424 P0.60/P200.00 No. and Letters of Credit 10963 Sec. 58 of RA No. 10963

EXISTING (per ATC Handbook) MODIFIED/NEW BIR FORM ATC Description Tax Rate Legal Tax Rate Legal Basis Basis NO. 2000 DS109 Life insurance policies if Sec. 3 of Sec. 59 the amount of RA No. of RA 2000 insurance: 10001 No. 10963 a. Does not exceed Exempt Exempt P100,000.00 b. Exceeds P100,000.00 P10.00 P20.00 but does not exceed P300,000.00 c. Exceeds P300,000.00 P25.00 P50.00 but does not exceed P500,000.00 d. Exceeds P500,000.00 P50.00 P100.00 but does not exceed P750,000.00 e. Exceeds P750,000.00 P75.00 P150.00 but does not exceed P1,000,000.00 f. Exceeds P1,000,000.00 P100.00 P200.00 DS112 a. Policies of Annuities P0.50/P200.00 of the Sec. 8 of P1.00/P200.00 of the Sec. 60 premium or RA No. premium or of RA 9243 No. installment payment installment payment 10963 on contract price on contract price collected collected b.Pre-Need Plans P0.20/P200.00 of the P0.40/P200.00 of the premium or premium or DS114 Certificates contribution Sec. 188 contribution Sec. 61 2000 collected of RA collected of RA 2000 DS115 Warehouse Receipts P15.00 No. P30.00 No. 2000 8424 10963 DS116 Jai-alai, Horse Race P15.00 with value P30.00 with value Tickets , Lotto or above P200.00 Sec. 189 above P200.00 Sec. 62 Other Authorized of RA of RA Number Games P0.10/P1.00 No. P0.20/P1.00 No. 8424 10963 Sec. 190 Sec. 63 of RA of RA No. No. 8424 10963

EXISTING (per ATC Handbook) MODIFIED/NEW BIR FORM ATC Description Tax Rate Legal Tax Rate Legal Basis Basis NO. 2000 DS117 Bills of Lading or P100.00 to P1,000.00 Sec. 191 P100.00 to P1,000.00 Sec. 64 Receipts P1.00 of RA P2.00 of RA 2000 No. No. Above P1,000.00 8424 Above P1,000.00 10963 2000 P10.00 P20.00 2000 DS118 Proxies P15.00 Sec. 192 P30.00 Sec. 65 of RA of RA 2000 No. No. 8424 10963 2000 DS119 Powers of Attorney P5.00 Sec. 193 P10.00 Sec. 66 2000 of RA of RA DS120 Leases and Other Hiring 1st P2,000.00 No. 1st P2,000.00 No. Agreements P3.00 8424 P6.00 10963 DS121 Mortgages, Pledges & in excess Sec. 194 in excess Sec. 67 Deeds of Trust (P1.00/P1,000.00) of RA (P2.00/P1,000.00) of RA No. No. 1st P5,000.00 8424 1st P5,000.00 10963 P20.00 P40.00 in excess Sec. 195 in excess Sec. 68 of RA of RA (P10.00/P5,000.00) No. (P20.00/P5,000.00) No. 8424 10963 DS126 Bills of Exchange or P0.30 on each Sec. 6 of P0.60 on each Sec. 56 Drafts P200.00 RA No. P200.00 of RA 9243 No. 10963 Charter Parties and Sec. 197 Sec. 70 Similar Instruments if of RA of RA gross tonnage is: No. No. 8424 10963 DS130 a. 1,000 tons and below 1st 6 months P500.00 1st 6 months in excess + P50.00 P1,000.00 in excess + P100.00 DS131 b.1,001 to 10,000 tons 1st 6 months 1st 6 months P1,000.00 P2,000.00 in excess + P100.00 in excess + P200.00 DS132 c. over than 10,000 tons 1st 6 months 1st 6 months P1,500.00 P3,000.00 in excess + P150.00 in excess + P300.00

EXISTING (per ATC Handbook) MODIFIED/NEW BIR FORM ATC Description Tax Rate Legal Description Legal Basis Basis NO. DS122 Deeds of Sale and P15.00/P1,000.00 Sec. 196 Deeds of Sale, Conveyances Sec. 69 2000 OT Conveyances of of RA and Donation of Real Property of RA Real Property No. No. 8424 10963 IV. REPEALING CLAUSE: This Revenue Memorandum Order (RMO) revises portions of all other issuances inconsistent herewith. V. EFFECTIVITY: This RMO shall take effect immediately. (Original Signed) CAESAR R. DULAY Commissioner of Internal Revenue B-3 ASDG _______ MMC _______ LSVR _______ NCB _______ CBS _______ LCD _______ JCT _______