RMC No. 40-2020 — Publishes the full text of the Implementing Rules and Regulations of RA No. 11256 (An Act to Strengthen the Country’s Gross International Reserves, Amending for the Purpose Sections 32 and 151 of the National Internal Revenue Code, as Amended, and for Other Purposes) Digest | Full Text | Implementing Rules and Regulations
REPUBUIC OF THE PHILIPPINES
BUREAUOF INTERNAL REVENUE DEPARTMENT OF FINANCF
National Office Quezon City April 6, 2020
REVENUE MEMORANDUM CIRCULAR NO.40-2020
SUBJECT Publishing the full text of the Implementing Rules and Regulations of Republic Act No.11256,also Known as "An Act to Strengthen the Country's Gross International
Reserves,amending for the Purpose Sections 32 and 151 of the National Internal Revenue Code (NIRC), As Amended, and for Other Purposes"of the Department of Finance (DOF)
TO All Internal Revenue Officers and Others Concerned
For the information and guidance of all internal revenue officers,employees and others concerned attached is the full text of the Implementing Rules and RegulationsIRR of Republic Act No.11256.also known as An Act to Strengthen the Country's Gross international Reserves. amending for the Purpose Sections 32 and 151 of the National Internal Revenue Code (NiRC),As Amended,and for Other Purposes of the Department of Finance(DOF
All internal revenue officers,employees and others concemed are hereby enjoined to give this Circular as wide as publicity as possible.
Commissioner of Intermal Revenue CAESAR R.DULAY
033826
APR 08 2020 ON
12:40 PM
H
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