BPI Family Savings Bank

November 17, 2017 BIR RULING NO. 532-17 Revenue Memorandum Order (RMO) No. 09-2014; BIR Ruling No. 007-2015 BPI Family Savings Bank BPI Family Savings Bank Center, Paseo de Roxas corner Dela Rosa St., Makati City 1200 Attention: AAA _______________ Gentlemen : This refers to your letter dated December 05, 2016, securing a BIR Ruling to all foreclosed real property with pending issuance of electronic Certificate Authorizing Registration (eCAR) prior to the implementation of Revenue Memorandum Circular (RMC) No. 105-2016 dated August 23, 2016. cSEDTC In reply, please be informed that Revenue Memorandum Order (RMO) No. 9-2014 was issued to serve as a guideline in the processing of request for tax rulings and that the same took effect on February 06, 2014. (BIR Ruling No. 007-2015 dated January 20, 2015) Section 4 of RMO No. 9-2014 provides that a letter request for ruling must be sworn and executed under oath by the individual taxpayer or by the authorized official/representative of the corporation, partnership or entity containing the following: 1. Factual background of the request for ruling; 2. Issues/questions raised or conclusions sought to be confirmed; 3. Legal grounds and relevant authorities supporting the position of the taxpayer; 4. List of documents submitted; and 5. Affirmations stating that: a. A similar inquiry has not been filed and is not pending in another office of the Bureau; b. There is no pending case in litigation involving the same issue/s and the same taxpayer and related taxpayer; c. The issue/s subject of the request is not pending investigation, on-going audit, administrative protest, claim for refund or issuance of tax credit certificate, collection proceeding or judicial appeal; and d. The documents are complete and that no other documents will be submitted in connection with the request. Moreover, Section 5 of the same RMO provides that a request for ruling must be accompanied by the following documents: AIDSTE 1. All documents that are material to the transaction, certified as true copies by the appropriate government agency having custody of the original documents; 2. Proof that the taxpayer is entitled to exemption or incentive; and 3. Special Power of Attorney or authorization in writing in case the request is filed by a representative of the taxpayer. In view of the fact that your letter request was not sworn to and executed under oath, and does not include the requirements stated under Sections 4 and 5 of RMO No. 9-2014, it cannot be processed right now as it does not conform with the requirements of RMO No. 9-2014. Be that as it may, we would be glad to process your request for a ruling when the said letter-request conforms to the said RMO. Please be guided accordingly. Very truly yours, (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue