RMC No. 32-2017 — Advises all Revenue Collection Officers and other concerned personnel not to accept checks as well as taxpayer's checks drawn from Rural Bank of Goa (Camarines Sur), Inc.

YYT BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE RECORDS MGT. DIVISION APR 2 0 2017 Y 10:000

RECEIVED April 10.2017

REVENUE MEMORANDUM CIRCULAR NO. 32- 201F

SUBJECT Non-acceptance of Checks/Drawn Checks from RURAL BANK OF GOA (CAMARINES SUR), INC. (A Closed Bank) by Revenue Collection Officers

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

dated March i 7. 2017 of the Vice-President, Receivership and Bank Management Group of PDIC. (CAMARINES SUR), INC.. with Head Office address at San Jose (Poblacion). Goa. Camarines subject bank from doing business in the Philippines and placing it under receivership with the (RCOs)'Special Collection Officers (SCOs)/Collection Officers (COs) are hereby' advised not to Sur. in payment of internal revenue taxes. This is in conformity with the Bangko Sentral ng Pilipinas (BSP) Monetary Board Resolution No. 428.A dated March 16. 2017 prohibiting the Philippine Deposit Insurance Corporation (PDIC) as the designated receiver. as stated in the letter Accept checks. as well as taxpayers' checks drawn from RURAL BANK OF GOA For the information and guidance of all concerned. all Revenue Collection Officers

Circular as wide as publicity as possible. All internal revenue officiais and emplovees concerned are hereby enjoined to give this

Aewaw

J- 1 Commissioner of Internal Reven CAESAR R. DULAY 005438