RMO No. 02-2014 — Amends RMO No. 11-2004 which prescribes the use of the revised taxpayer type classification, and adopts the latest Philippine Standard Industrial Classification (PSIC) and Philippine Standard Occupational Classification (PSOC) Digest | Full Text | Annex

BUREAU OF INTERNAL REVENUF REPUBLIC OF *THE PHILIPPINES DEPARTMENT OF FINANCE BUB(AU OF INTERNAL NENHNUE RECORDS MGT DIVISION J6N 1 8 2014 3:18 P."M

Quezon City RECEYVED

January 8, 2014

REVENUE MEMORANDUM ORDER NO. 2- 3014

SUBJECT Amending Revenue Memorandum Order No. 11-2004, Prescribing

the use of the Revised Taxpayer Type Classification, and Adopting

Philippine Standard Occupational Classification (PSOC) the Latest Philippine Standard Industrial Ciassification (PSIC) and

TO All Internal Revenue Officials, Employees and Others Concerned

I OBJECTIVES:

This Revenue Memorandum Order is issued to:

1. Prescribe the use of the Revised Taxpayer Type Classification.

2. Provide a standard code guide on taxpayer types to be uniformly used in all District Offices and other concerned offices to eliminate misclassification of taxpayer.

3. Generate more accurate statistics as to the active taxpayers per taxpayer type classification.

4. Provide uniform report formats of Registration Reports for a more reliable and accurate reporting of Registration Data for computerized and non-computerized RDOs.

5. Adopt and implement the latest PSIC and PSOC published by National Statistica!

Coordinating Board (NSCB)

JI. TAXPAYER TYPE CLASSIFICATION

codes: The following are the updated classification of taxpayer types with their applicable

TAXPAYER TYPE CLASSIFICATION

11-2004 RMO !TS (eT{S} Code New INDIV!DUAL (specify PSOC/PSIC}

E098 EQ98FC Executive Order No. 98 -- Filipino Citizen

1

RESAL ME ONETT LOCAL SINGL ONETT LOCAL SINGL RAP ME EO98FN ONETFC ONETFN RAEMP RASP MXCS Local Employee -Compensation Income Earner Only Single Proprietorship Only (Resident Citizen) Resident Alien - Single Proprietorship Marginal Income Earner Mixed Income Earner -- Compensation Income Earner and Single One-Time Transaction -- Foreign National Resident Alien Employee - Compensation Income Earner Only Resident Alien -- Professional Executive Order No. 98 -Foreign National One-Time Transaction - Filipino Citizen

MIXCP Mixed Income Earner -- Compensation Income Earner and Proprietor

Professional

PROFL PROFG PROFL MIXCSP Professional - Licensed (PRC, IBP) Mixed Income Earner - Compensation Income Earner, Single Professional -- In General Proprietor & Professional

ESTAT ESTAFC PROFSP Estate -- Filipino Citizen Professional & Single Proprietor

TRUST ESTAFN TRUSFC Trust -- Filipino Citizen Estate -- Foreign National

TRUSFN Trust -- Foreign National NRAET Non-Resident Alien Engaged in Trade / Business

PARTP 11-2004 RMO {ITS LMPART GPP {eTiS} Code New General Professional Partnership Limited Partnership JURiDICAL ENTITIES (specify PSIC)

NRFC NRFCG RFCGL ROHQ JOINT GOVTA LGU GVTCP NONST ULPART NRFP NRFC COOP RFC NGA LGU GOCC NONST CORP ROHQ JOINT Non-Resident Foreign Partnership National Government Agency Non-stock Non-Profit Organizations, (e.g., Political Parties, Homeowners' Assoc., Business Leagues, etc.. Unlimited Partnership Government Owned & Controlled Corporation Non-Resident Foreign Corporation Regional Operating Headguarters Cooperatives Domestic Corporation Resident Foreign Corporation Joint Venture Local Government Units

IHI. POLICIES

1. The standard classification of taxpayer type and its corresponding code as provided under Section Il of this RMO shall be uniformly used by all district office and other

2 BUREAU OF INYENNAL HAVENUE RECORDs MGT BIVISION 3!16 Gg M

concerned offices in classifying taxpayers/new registrants and their corresponding taxes to avoid inconsistencies in the registration reports.

2. There should be one taxpayer type CLASSIFICATION per taxpayer by choosing the

taxpayer's main line of business/profession as the criteria for classification. For cases with multiple line of businesses/profession, Tss is required to indicate applicable PSic/PSoc as many as appropriate.

3. Prescribe the Revised Report format on Registration per Taxpayer Type Classificatior

(Annex A).

4. In the case of tax type classification, the same codes shall be used for system

generated report purposes. Any modification/addition in classification shall be covered by a separate RMO.

IV.EFFECTIVITY

The prescribed taxpayer type classification, PSIC and PsOC shall be an input/basis to the systems development of the Electronic Taxpayer Information System (eTIS)

policies and procedures set forth under RM0 11-2004 shall still be observed in the meantime. This Order shall take effect upon implementation of eTIS. Pending the eTtS roll out.

KIM S. ACINO-HENARES Commis$ioner of Internal Revenue

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