Taxpayer Identification Number (TIN) for Involuntary Transfer

August 7, 2019 OPM-AS-APMD NO. 010-19 TO : All Internal Revenue Officers and Others Concerned SUBJECT : Taxpayer Identification Number (TIN) for Involuntary Transfer This Operations Memorandum is issued for transactions involving involuntary transfer of foreclosed property(ies) that was acquired by the Bangko Sentral ng Pilipinas (BSP), Home Development Mutual Fund (HDMF), Philippine Air Force (PAF) and Local Government Units (LGU), wherein the required information to issue a TIN to the owner(s) of the said property is no longer obtainable and cannot be provided by the transacting parties. HTcADC Since the TIN is one of the mandatory requirements in the issuance of Electronic Certificate Authorizing Registration (eCAR) which is needed in order to transfer foreclosed property(ies) with the Registry of Deeds, hereunder are the procedures to be followed in the issuance of TIN and the corresponding eCAR: 1. The Client Support Section (CSS) shall verify the existence of the TIN of the taxpayer in the eREGTINQuery database. If the taxpayer has no existing TIN in the eREGTINQuery database, the CSS shall check the Revenue Data Center and National Office database of the Integrated Tax System (ITS). 1.1 If there are similar names such as: a. Same First Name and Last Name; b. Same First Name and Middle Name with "Single" civil status in the ITS, in case of female married; Ensure that the birth date and/or middle initial (in case of male and married female) are the same to determine whether or not the transferor-taxpayer(s)/registered owner(s) of the foreclosed property(ies) and name on record are one and the same person; 1.2 If the record of the taxpayer is not found in the eREGTINQuery database or ITS, the Chief, CSS shall issue a certification (Annex A) that there is no existing record or TIN of the transferor-taxpayer(s)/registered owner(s) of the foreclosed property(ies) as of the date of verification. The said certification shall form part of the docket; 1.3 Transferor-taxpayer(s)/registered owner(s) of the foreclosed property(ies) certified with no existing record or TIN as of the date of transaction shall use the TIN for involuntary transfer in Item No. 3 of this Memorandum. Only owners of the foreclosed property(ies) by BSP, PAF, LGU in the list submitted by HDMF shall use the assigned TINs for involuntary transfer of properties. 2. The One-Time Transactions (ONETT) encoder shall encode in the "Remarks" field of the eCAR, these particulars "Foreclosed Property of (BSP/HDMF/PAF/LGU) Involuntary Transfer and the name of the tax payer(s)/owner(s) of the foreclosed property(ies)"; and 3. The TIN for involuntary transfer shall be used, with the following details: For owners of properties foreclosed by Bangko Sentral ng Pilipinas Assigned TIN : 080-080-808-001 Assigned RDO : RDO No. 039 Classification : Non-Individual Registered Name : Involuntary Transfer Trade Name : Banks-Involuntary Transfer of Property Registered Address : BIR-National Office Bldg., BIR Road, Diliman, Quezon City 1101 Taxpayer Type : One Time Transaction Date of Organization : October 1, 2018 Tax Type : Capital Gains Tax-Real Property Documentary Stamp Tax Accounting Period : Calendar For owners of properties foreclosed by Home Development Mutual Fund Assigned TIN : 080-080-808-002 Assigned RDO : RDO No. 039 Classification : Non-Individual Registered Name : Involuntary Transfer Trade Name : HDMF-Involuntary Transfer of Property Registered Address : BIR-National Office Bldg., BIR Road, Diliman, Quezon City 1101 Taxpayer Type : One Time Transaction Date of Organization : October 1, 2018 Tax Type : Capital Gains Tax-Real Property Documentary Stamp Tax Accounting Period : Calendar For owners of properties foreclosed by Philippine Air Force Assigned TIN : 080-080-808-003 Assigned RDO : RDO No. 039 Classification : Non-Individual Registered Name : Involuntary Transfer Trade Name : Philippine Air Force-Involuntary Transfer of Property Registered Address : BIR-National Office Bldg., BIR Road, Diliman, Quezon City 1101 Taxpayer Type : One Time Transaction Date of Organization : October 1, 2018 Tax Type : Capital Gains Tax-Real Property Documentary Stamp Tax Accounting Period : Calendar For owners of properties foreclosed by Local Government Units Assigned TIN : 080-080-808-004 Assigned RDO : RDO No. 039 Classification : Non-Individual Registered Name : Involuntary Transfer Trade Name : Local Government Units-Involuntary Transfer of Property Registered Address : BIR-National Office Bldg., BIR Road, Diliman, Quezon City 1101 Taxpayer Type : One Time Transaction Date of Organization : October 1, 2018 Tax Type : Capital Gains Tax-Real Property Documentary Stamp Tax Accounting Period : Calendar For your strict compliance. (SGD.) ARNEL SD. GUBALLA Deputy Commissioner Operations Group ANNEX A Quezon City Certification This is to certify that records of this Office show that there is no existing Taxpayer Identification Number issued to ______________, transferor-taxpayer(s)/registered owner(s) of the foreclosed property(ies) per verification with eREGTINQuery database and Revenue Data Center and National Office database of the Integrated Tax System. This certification is issued for the purpose of processing the Electronic Certificate Authorizing Registration (eCAR). Issued this ____ day of _________, at ___________________. ____________________________ Chief, Client Support Section Revenue District Office ____ [Note: No certification fee required]