Acceptance of BIR Form No. 0605 without the Required Approval or Signature of Authorized BIR Personnel

February 7, 2018 BANK BULLETIN NO. 02-18 SUBJECT : Acceptance of BIR Form No. 0605 without the Required Approval or Signature of Authorized BIR Personnel in Relation with the Implementation of Republic Act No. 10963 (TRAIN Law) TO : All Authorized Agent Banks Pursuant to Republic Act No. 10963, Tax Reform for Acceleration and Inclusion (TRAIN) Law, particularly on the remittance of creditable and final withholding taxes, all Authorized Agent Banks (AABs) are hereby advised to observe the following: 1. The taxes withheld within the first two (2) months of every taxable quarter shall be remitted through BIR Form No. 0605 on or before the 10th day (for over-the-counter filers) or 15th day (for eFPS filers) of the following month of withholding until an enhanced monthly withholding remittance form is available; and 2. The Alphanumeric Tax Code to be used in the filing and remittance of withholding taxes paid through BIR Form 0605 shall be "MC 200" and the Tax Type shall be "WE" for Expanded Withholding Tax or "WF" for Final Withholding Tax, whichever is applicable. Further, in connection with the above and in consonance with Bank Bulletin No. 2015-18, all AABs are likewise advised to accept all payments for whatever purpose, using the BIR Payment Form 0605, even without prior signature of or approval by the authorized concerned revenue officers/officials of the Revenue District Office (RDO) having jurisdiction over the concerned taxpayer. Please be guided accordingly. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue