RMO No. 34-2020 — Creates the Alphanumeric Tax Code (ATC) for Voluntary Assessment and Payment Program pursuant to the implementation of Revenue Regulations No. 21-2020 (Voluntary Assessment and Payment Program for Taxable Year 2018 Under Certain Conditions)

REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE

Quezon City.

September 17, 2020

REVENUE MEMORANDUM ORDER NO. 34 - 2020

SUBJECT: Creation of Alphanumeric Tax Code (ATC) for Voluntary Assessment and Payment Program Pursuant to the Implementation of Revenue Regulations (RR) No. 21-2020 Conditions) (Voluntary Assessment and Payment Program for Taxable Year 2018 Under Certain

TO All Collection Agents, Revenue District Officers and Other Internal Revenue Officers

Concerned

OBJECTIVE:

and Payment Program (VAPP) in connection with the implementation of RR No. 21-2020 and for inclusion in BIR Form Nos. 2119 [Voluntary Assessment and Payment Program (VAPP) Application Form] and 0622 [Voluntary Assessment and Payment Program (VAPP) Payment Form] the following ATCs are hereby created: To facilitate the proper identification and monitoring of tax collection from Voluntary Assessment

ATC Description Legal Basis Form BIR No.

On the revenue collected through Voluntary Assessment and Payment Program (VAPP): RR No. 21-2020 2119 0622

MC342 MC343 MC341 3. Taxes on ONETT, such as Estate Tax, Donor's Tax. 1. Income Tax (IT), Value-Added Tax (VAT), Percentage Tax 2. Final Withholding Taxes (on Compensation, Fringe other than CWT on ONETT Capital Gains Tax (CGT), ONETT-related CWT/Expanded (PT), Excise Tax (ET), and Documentary Stamp Tax (DST) other than DST on One-Time Transactions (ONETT) Benefits, etc.) and Creditable Withholding Taxes (CWT) Withholding Tax, and DST

I REPEALING CLAUSE:

herewith. This Revenue Memorandum Order (RMO) revises portions of .all other issuances inconsistent

I EFFECTIVITY:

This RMO shall take effect immediately.

B-3 BUREAU OF INTERNALREVENUE RECORDS MGT.DIVISION NaTTINT 7U OCT O 6 2020 3:5D P.M.1 Commissioner of Internal Revenue CAESAR R. DULAY uam 036921