Splitting of the Financing Real Estate and Transfer Taxes Divisions and the Services and Miscellaneous Taxes Divisions of the Sector Operations Office Into Four Divisions
Revenue Administrative Order No. 04-84 • Bureau of Internal Revenue (BIR) Issuances • Revenue Administrative Orders • Feb 24, 1984
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February 24, 1984 REVENUE ADMINISTRATIVE ORDER NO. 04-84 SUBJECT : Splitting of the Financing Real Estate and Transfer Taxes Divisions and the Services and Miscellaneous Taxes Divisions of the Sector Operations Office Into Four Divisions TO : All Internal Revenue Officers and Others Concerned 1. Objective Pursuant to Section 6(b) of Executive Order No. 608 dated August 1, 1980, the Financing, Real Estate and Transfer Taxes Division and the Services and Miscellaneous Taxes Division of the Sector Operations Office are hereby divided into four Audit Divisions, namely; (1) Banks, Financing and Insurance Division (BFID); (2) Real Estate and Transfer Taxes Division (RETT); (3) Construction and Service Industry Division (CSID) and (4) Franchise and Miscellaneous Taxes Division (FMTD). 2. Delineation of jurisdiction 2.1 Banks, Financing and Insurance Division (BFID) The Bank, Financing and Insurance Division (BFID) shall have jurisdiction over banks, insurance companies and other financial institutions which are selected for audit and investigation under existing revenue memorandum orders and under procedures that may hereafter be prescribed, for the purpose of attaining the objectives set forth in Section 6 (a)(1) of Executive Order No. 608. 2.2 Real Estate and Transfer Tax Division (RETT) The Real Estate and Transfer Tax Division (RETT) shall have jurisdiction over taxpayers engaged in real estate development and property transactions, as well as transfers of property by donation or upon death of a decedent, which under existing revenue memorandum orders and/or procedures that may hereafter be prescribed, are selected for audit and investigation for the purpose of attaining the objectives stated in the said Executive Order. 2.3 Construction, Transportation and Service Industry Division (CTSID) The Construction and Service Industry Division (CSID) shall have jurisdiction over taxpayers engaged in business as public and private housing builders, road and bridge builders and builders of office, hotel and industrial structures; operators of common carriers (except foreign international carriers); and other contractors and subcontractors such as plumbing, electricity, ironworks and other types of construction which are selected for audit and investigation under existing revenue memorandum orders and procedures which may hereafter be prescribed, for the purpose of attaining the objectives stated in the said Executive Order. 2.4 Franchise and Miscellaneous Taxes Division (FMTD) The Franchise and Miscellaneous Taxes Division (FMTD) shall have jurisdiction over taxpayers who are legislative franchise grantees; private educational institutions; and trading businesses or enterprises which are selected for audit and investigation under existing revenue memorandum orders and procedures which may hereafter be prescribed, for the purpose of attaining the objectives stated in the said Executive Order. 3. Organization The present components of section chiefs, revenue examiners and supportive personnel of the Sector Operations Office divisions shall be distributed among the eleven divisions under it. 4. Effectivity This Order shall be effective immediately. (SGD.) RUBEN B. ANCHETA Acting Commissioner
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