Publishing the Procedures Prescribed for the Availment of the Debit System as a Mode of Payment of National Internal Revenue Taxes through Banks

June 24, 1980 REVENUE MEMORANDUM CIRCULAR NO. 30-80 SUBJECT : Publishing the Procedures Prescribed for the Availment of the Debit System as a Mode of Payment of National Internal Revenue Taxes through Banks TO : All Internal Revenue Officers and All Others Concerned The Central Bank, in its Circular 707, Series of 1979 authorized the use of the Debit System as an additional mode of payment thru banks of national internal revenue taxes involving amounts of P20,000 and above. Under this system, taxpayers may request their banks to debit their accounts (savings or current) for the amount of their tax payments. This mode of payment was permitted to prevent the diversion and misappropriation of tax payments made by checks. acd The procedure for this System was prescribed in RMO No. 10-80 as follows: 1. The taxpayer or his representative files the tax return with or presents any other basic document to the authorized collection unit, which document shall be the basis for the preparation of the Revenue Tax Receipt (RTR); 2. The RTR Issuing Officer shall, in applicable cases, inform the taxpayer or his representative of the debit system as a mode of payment; 3. He shall address the RTR to the authorized Agent Bank specified by the taxpayer wherein he maintains an account; 4. The taxpayer shall advise his bank to debit his account for the amount of the tax indicated in the RTR; aisa dc 5. The authorized Agent Bank shall issue the Confirmation Receipt, validate the same and indicate in space No. 12 of the receipt the remarks "Account Debited"; 6. All national internal revenue tax collections made under the debit system or any other mode of payment is booked and credited by the authorized Agent Bank to a Special Account due to "Central Bank-Internal Revenue Account." All Internal Revenue Officers are hereby urged to encourage taxpayers to avail of the debit system whenever applicable and to give the above procedures as wide a publicity as possible. RUBEN B. ANCHETA Acting Commissioner ATTACHMENT June 25, 1980 MEMORANDUM FOR The Commissioner Thru Asst. Commissioner Tomas C. Toledo Attached is a copy of the memorandum for the Commissioner of the then Chairman of the Committee on Specialized Accountable Forms dated February 2, 1977, recommending the payment of a special monthly allowance to the Revenue Laborers who are assigned at the Government Printing Office (GPO). The memorandum was recommended for approval by then Asst. Commissioner Lauro D. Abrahan, but Commissioner Plana failed to act thereon. cdt Considering that the six (6) Revenue Laborers are not civil service eligibles, they cannot therefore hope to be promoted to a higher position. Inasmuch as these people are entrusted with very delicate tasks which used to be a source of anomalies in the over-printing of documentary stamps, strips stamps and Revenue Official Receipts, they should therefore be given other incentives to boost their morale and prevent them from being tempted into committing irregularities. In view of the foregoing, I am therefore reiterating the previous recommendation for the grant of a special monthly allowance of two hundred pesos to the revenue personnel assigned at the Government Printing Office. It might be pertinent to mention that revenue personnel assigned at the APO-NEDA in the printing of Residence Certificates were given a monthly allowance of two hundred pesos which was charged to the Intelligence Fund, in lieu of transportation expenses aside from overtime pay. casia JOSE A. RESURRECCION Asst. Revenue Service Chief (Inspection) Chairman, Committee on Specialized Accountable Forms TAN-R2627-K1322-A-9 Recommending Approval: TOMAS C. TOLEDO Asst. Commissioner TAN-T4338-J227-A-9 APPROVED: RUBEN B. ANCHETA Acting Commissioner of Internal Revenue TAN-3101-320-04