Authorizing the Use of BIR Form Nos. 2302-MCA (Tax Subsidy Availment Certificate) and 2326-MCA (Tax Subsidy Debit Memo) Pursuant to Revenue Regulations (RR) No. 12-2010

April 27, 2012 REVENUE MEMORANDUM CIRCULAR NO. 025-12 SUBJECT : Authorizing the Use of BIR Form Nos. 2302-MCA (Tax Subsidy Availment Certificate) and 2326-MCA (Tax Subsidy Debit Memo) Pursuant to Revenue Regulations (RR) No. 12-2010 TO : All Internal Revenue Officials, Employees and Others Concerned This Circular is issued to prescribe BIR Accountable Forms relative to the implementation of Revenue Regulations (RR) No. 12-2010 (Regulations Providing for the Policies, Guidelines and Procedures in the Implementation of the Tax Subsidy to be Granted by the Fiscal Incentives Review Board to the Millennium Challenge Account-Philippines for the Philippine Compact Project), to wit: BIR Accountable Form Name Form No. 2302-MCA Tax Subsidy Availment Certificate 2326-MCA Tax Subsidy Debit Memo The abovementioned BIR Accountable Forms shall be accomplished in four (4) copies and distributed as follows: EHIcaT BIR Form No. 2302-MCA Tax Subsidy Availment Certificate Original - MCA-Philippines Duplicate - Vendor Triplicate - Revenue Accounting Division (RAD) Quadruplicate - Large Taxpayers Regular Audit Division (LTRAD) 3 BIR Form No. 2326-MCA Tax Subsidy Debit Memo Original - Vendor Duplicate - MCA-Philippines Triplicate - Revenue Accounting Division (RAD) Quadruplicate - Large Taxpayers Regular Audit Division (LTRAD) 3 The printing and distribution of the BIR Accountable Forms mentioned above shall be the responsibility of the Large Taxpayers Service. All concerned are hereby enjoined to be guided accordingly and give this Circular as wide a publicity as possible. (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue ATTACHMENT Tax Subsidy Availment Certificate Utilization of Tax Subsidy Availment Certificate Tax Subsidy Debit Memo ATTACHMENTS REQUIRED: 1. Original copy of Tax Subsidy Availment Certificate (TSAC), in case the applicant is a Vendor. 2. Certificate of Entitlement to Subsidy (CES), in case applicant is MCA-Philippines. 3. For applicant of VAT and percentage tax, photocopy of the invoice upon which the tax due is based. 4. For applicant of excise tax, photocopy of the purchase order upon which the tax due is based and, in the case of purchases by a dealer who acquired petroleum product directly from the local refiner, copy of their petroleum product supply agreement. 5. For applicant of income tax, a photocopy of the contract of the Vendor for the provision of MCC Funded Goods and Services. 6. For applicant of income tax of a Covered Employee, a certificate from MCA-Philippines or the Vendor stating the name of the Covered Employee and the amount of the tax due.