Processing Time of One-Time Transactions for the Issuance of Electronic Certificate Authorizing Registration (eCAR)

May 30, 2018 REVENUE MEMORANDUM CIRCULAR NO. 048-18 SUBJECT : Processing Time of One-Time Transactions for the Issuance of Electronic Certificate Authorizing Registration (eCAR) TO : All Internal Revenue Officers, Employees and Others Concerned This Circular is hereby issued to classify One-Time Transactions (ONETT), particularly on sale/exchange/donation and its corresponding processing time for eCAR issuance, to wit: Transactions Processing Time from the Submission of Complete Documentary Requirements (working days) Individual Taxpayer/Corporation with One (1) Deed of Sale/Exchange/Donation: a. One (1) to Three (3) properties 3 days b. Four (4) to Ten (10) properties 5 days c. Eleven (11) to Fifty (50) properties 10 days d. More than Fifty (50) properties 20 days Real Estate Developer One (1) Deed of Sale/Exchange involving Multiple Properties: a. One (1) to Ten (10) properties 5 days b. Eleven (11) to Fifty (50) properties 10 days c. More than Fifty (50) properties 20 days All internal revenue officials, employees and others concerned are hereby enjoined to give this circular as wide a publicity as possible. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue