RMC No. 6-2016 — Advises all Revenue Collection Officers not to accept checks, as well as taxpayer's checks drawn from Rural Bank of Caba (La Union), Inc.

BUREAU OF INTERNAL REVENUE REPUBLIC OF tHF PHILIPPINES DEPArtMEnt OF TInAnCE Quezon City RECORDS MGT DIVISION BUREAU OF INTERNAL REVENUE RECEIVEA JAN 2 5 2016 4382M iMegA

January 18. 2016

REVENUE MEMORANDUM CIRCULAR NO..6 - D/%

SUBJECT : Non-acceptance of Checks/Drawn Checks from RURAL BANK OF CABA (LA UNION), INC. ( A Closed Bank) by Revenue Collection Officers

TO (SCOs)/Collection Officers (COs) and Others Concerned All Revenue Collection Officers (RCOs)/ Special Collection Officers

For the information and guidance of all concerned, all Revenue Collection Officers

(RCOs)/Special Collection Officers (SCOs)/Collection Officers (COs) are hereby advised not to

accept checks. as well as taxpayer's checks drawn from the RURAL BANK OF CABA (LA

UNION), INC. with office address at Poblacion Sur, Caba, La Union. in payment of internal

revenue taxes as per Monetary Board Resolution of the Banko Sentral ng Pilipinas (BSP).

Resolution No. 2004 dated December 10, 2015 considering that the said bank is prohibited from

doing business in the Philippines and has been placed under receivership with PDIC as the

designated Receiver.

All internal revenue officials and employees concerned are hereby enjoined to give this

Circular as wide a publicity as possible.

KIM S. JACIPFO -- HENARES Commissioner of Internal Revenue 038428