Publishing Pertinent Portions of Ministry of Justice Circular No. 39, dated October 15, 1981, Relative to the Strict Compliance with Internal Revenue Laws and Regulations Concerning Documentary Stamps in the Registration of Legal and/or Commercial Documents

January 4, 1982 REVENUE MEMORANDUM CIRCULAR NO. 03-82 SUBJECT : Publishing Pertinent Portions of Ministry of Justice Circular No. 39, dated October 15, 1981, Relative to the Strict Compliance with Internal Revenue Laws and Regulations Concerning Documentary Stamps in the Registration of Legal and/or Commercial Documents TO : All Internal Revenue Officers and Others Concerned For the information and guidance of all concerned, certain portions of the Ministry of Justice Circular No. 39 are quoted as follows: "Wherefore, the following procedures are hereby prescribed and ordered to be strictly observed in the registration of legal and/or commercial documents: casia "1. The documents should be affixed with the correct amount of documentary stamps or accompanied by the BIR confirmation receipt, if the amount of tax exceeds P10.00; "2. To fix responsibility, the Register of Deeds himself must cancel the affixed documentary stamps forthwith and before the documents are filled with the registry records; and "3. Documentary stamps should be properly posted and not merely stapled on the document." It is desired that this Circular be included and given emphasis in the tax information campaign being undertaken by the Office. (SGD.) RUBEN B. ANCHETA Acting Commissioner