RMC No. 122-2024 — Publishing the full texts of the Memorandum of Agreement and Data Sharing Agreement between the Bureau of Internal Revenue and the Securities and Exchange Commission Digest | Full Text | Annex A | Annex B

BUREAU OF JNTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

Bringing In Revenues for Nation-Building Quezon City 1 2 NOY 2024 PILIPINAS BAGONG

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

SUBJECT: Publishing the Full Texts of the Memorandum of Agreement and Data

Sharing Agreement Between the Bureau of Internal Revenue and the Securities and Exchange Commission

TO 1 All Internal Revenue Officers/Employees and Others Concerned

following: For the information and guidance of all concerned, attached are the full texts of the

1. Memorandum of Agreement (Annex A) between the Bureau of Internal Revenue of investigations pursuant to the Republic Act No. 10173 or the Data Privacy Act (BIR) and the Securities and Exchange Commission (SEC), which ensures a secure and efficient data sharing necessary for and/or in connection with the BIR's conduct of 2012, the Data Sharing Agreement, and Section 270 of the National Internal Revenue Code, as amended; and

2. Data Sharing Agreement (Annex B) whereby the SEC shall provide SEC documents and company data necessary for and/or in connection with the BIR's

conduct of investigations.

be guided accordingly. All internal revenue officers, employees and others concerned are hereby enjoined to E

E

ROMEO UMAAU,JR Coramissioner of Internal Revenue

2

IBUREAU QF INtERNAL REVENUE TNternAl COMmUNICAtIOnS diVISiON BUREAU QFINTERNAL REVEN DRDS MANAGEMENT DIVSION

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NOV 1 2 r2024 NOV 12 2024

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Y Admin unit IME r 131

Quezon City

BIR National Office B!dg.. Senator Miriam Defensor-Santiago Avente, Ditman, Quezon City Trunkline: 8981-7000 ; 8929-7676 Website: www.bir.gov.ph