RMC No. 90-2017 — Prescribes additional mandatory requirement for all One-Time Transactions (ONETT)

REPUBLIC OF THE PHILIPPINES J

DEPARTMENT OF FINANCE I BUREAU OF INTERNAL REVENUE Quezon City OCT 3 0 2017 Y 3:1tpM

RECEIVES

October 20, 2017

REVENUE MEMORANDUM CIRCULAR NO. 90- 20/3

SUBIECT Additional Mandatory Requirement for All One-Time Transactions (ONETT)

TO All Internal Revenue Officers, Employees and Others Concerned

Memorandum Order No. 15-2003 for the following transactions, to wit: Transaction (ONETT) Team in dealing with taxpayers who are insisting that Taxpayer Identification Number (TIN) is not listed as one of the mandatory requirements per Revenue This Circular is hereby issued to address the problems encountered by the One-Time

3. Sale of Shares of Stock - TIN of buyer/s 1. Donor's Tax - TIN of donee/s 2. Estate Tax - TIN of heir/s

secure a TIN prior to their application of Electronic Certificate Authorizing Registration (eCAR) as this is a mandatory field in the eCAR System. Accordingly, all taxpayers with the above-mentioned transactions are hereby directed to

this circular as wide publicity as possible. All internal revenue official, employees and others concerned are hereby enjoined to give

1am1r CAESAR. R. DULAY

1-3 /apmd Commissioner of Internal Revenue 010732