RMC No. 126-2024 — Circularizing Republic Act No. 12023, titled "An Act Amending Sections 105, 108, 109, 110, 113, 114, 115, 128, 236, and 288 and Adding New Sections 108-A and 108-B of the National Internal Revenue Code of 1997, as Amended" Digest | Full Text | RA No. 12023

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

Bringing In Revenues for Nation-Building PILIPINAS BAGONG

NOV 15 2024

REVENUE MEMORANDUM CIRCULAR NO. 1 2 6 - 2 0 2 4

SUBJECT:Circularizing Republic Act No. l2023,Entitled "AN ACT AMENDING SECTIONS 105, 108, 109, 110, 113, 114, 115, 128, 236, AND 288 AND

ADDING NEW SECTIONS 108-A AND I08-B OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED"

TO : All Internal Revenue Officers and Others Concerned

NEW SECTIONS 108-A AND 108-B OF THE NATIONAL INTERNAL REVENUE CODE OF concerned, attached herein is the copy of Republic Act No. 12023, entitled "AN ACT AMENDING SECTIONS 105, 108, 109, 110, 113, 114, 115, 128, 236, AND 288 AND ADDING 1997, AS AMENDED" For the information and guidance of all internal revenue officials, employees and others

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

Coamissioner of Internal Revenue RGMIE uMaGu, Jr.

1

K-1

IOE INTFRNA ME gkis ViSiO A3

HLULIVT BureaU of internAl ReveNUe INterNal CoMMUnICatIOnS DIViSIOn TLNSTSS NOY 15 2024 BY NOV 1 5 2024 Admin unit - TIME:

BIR National Office Bldg., Senator Miriam Defensor-Santiago Avenue, Diliman, Quezon City Trunkline: 8981-7000 : 8929-7676 Website: www.bir.gov.ph