RMO No. 09-2007 — Creates and modifies certain Alphanumeric Tax Codes of selected revenue source under the Tax Forms Enhancement Program Digest | Full Text

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City May 30, 2007 REVENUE MEMORANDUM ORDER NO. 9-2007 SUBJECT : Creation and Modification of Alphanumeric Tax Codes (ATCs) of TO Selected Revenue Source under the Tax Forms Enhancement Program : All Collection Agents, Revenue District Officers, Other Internal Revenue Officers and Others Concerned I. Objective : To facilitate the proper identification and monitoring of Final Withholding VAT on payments to non-residents pursuant to Revenue Regulations No. 4-2007 (Amending Certain Provisions of RR No. 16-2005 `Consolidated Value-Added Tax Regulation of 2005') and in connection with the Bureau's Tax Forms Enhancement Program. II. The following ATCs are hereby created : KIND OF TAX RATE ISSUANCE/ ATC BIR FORM LEGAL BASIS/ AFFECTED REASONS Other services rendered in the RR 16-2005 Philippines by non-residents amended by - government withholding agent - private withholding agent 12% RR No. 4-2007 WV060 1600 12% (Sec.4.114-2 WV070 1600 (b)(2)) III. The following ATCs are hereby modified : KIND OF TAX OLD NEW ISSUANCE/ ATC BIR FORM RATE RATE LEGAL BASIS/ AFFECTED Lease or use of properties or property rights owned by non-residents REASONS - (government withholding agent) RR 16-2005 1600 - (private withholding agent) amended by RR No. 4-2007 10% 12% (Sec.4.114-2 WV040 10% 12% (b)(2)) WV050

IV. Repealing clause : This Revenue Memorandum Order revises portions of all other issuances inconsistent herewith. V. Effectivity : This Revenue Memorandum Order shall take effect immediately. (Original Signed) JOSE MARIO C. BU�AG Commissioner of Internal Revenue B-3