RMC No. 96-2016 — Advises all Revenue Collection Officers not to accept checks as well as taxpayer's checks drawn from Rural Bank of Alabat (Quezon), Inc.

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City BUREAU OF INTERNAL REVENUE RECORDS MGT. DIVISION g1.A SEP 0 5 20167 I.Pm M

RECEIVEA

August 31, 2016

REVENUE MEMORANDUM CIRCULAR NO. 96 - 301e

SUBJECT Non-acceptance of Checks/Drawn Checks from RURAL BANK OF ALABAT (QUEZON),INC (A Closed Bank) by Revenue Collection Officers

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

receivership with PDIC as the designated Receiver. the said bank is prohibited from doing business in the Philippines and has been placed under (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 ALABAT (QUEZON), INC. with office address at Caliwara cor. Rizal Sts., Brgy. 2. No. 1316 dated July 28, 2016 of the Bangko Sentral ng Pilipinas (BSP), considering that Alabat, Quezon, in payment of internal revenue taxes as per Monetary Board Resolution For the information and guidance of all concerned, all Revenue Collection Officers

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

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Commissioner of Internal Revenue CAESAR R. DULAY

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