Publishing Revenue Regulations No. 5-79 dated May 15, 1979, the Subject Matter of Which is "Guidelines in the Payment of National Internal Revenue Taxes by Check

May 23, 1979 REVENUE MEMORANDUM CIRCULAR NO. 32-79 SUBJECT : Publishing Revenue Regulations No. 5-79 dated May 15, 1979, the Subject Matter of Which is "Guidelines in the Payment of National Internal Revenue Taxes by Check TO : All Internal Revenue Officers and others concerned For the information and guidance of all concerned, there is published hereunder the full text of Revenue Regulations No. 5-79 dated May 15, 1979: "REVENUE REGULATIONS NO. 5-79 "SUBJECT : Guidelines in the Payment of National Internal Revenue Taxes by Check "TO : All Internal Revenue Officers and others concerned "Pursuant to Section 4 of the National Internal Revenue Code, these regulations governing the payment of national internal revenue taxes by check, are hereby promulgated. "Section 1. SCOPE . These regulations shall prescribe the guidelines for the issuance and preparation of checks in payment for national internal revenue taxes. These regulations shall be known as Revenue Regulations No. 5-79. "Section 2. GUIDELINES . All checks drawn for the payment of national internal revenue taxes shall conform with the following guidelines: "A. Checks shall be drawn payable to the Commissioner of Internal Revenue. "B. One check shall be drawn for the payment of a single internal revenue tax liability. This means that if a taxpayer has two or more tax liabilities, say for income tax and another for percentage tax, separate checks shall be issued or drawn for each kind of tax. "C. The kind of tax sought to be paid together with the period covered thereby shall be legibly indicated at the back of the check drawn and tendered as payment for the particular internal revenue tax; the name, address and taxpayer account number of the drawer-taxpayer shall also be indicated. "D. The Collection Agent or any other BIR Official, Municipal Treasurer designated as Collection Agent shall not accept a check in payment of a tax and issue a Revenue Official Receipt, if the tax sought to be paid is different from the tax indicated at the back of the check. Likewise, no check shall be accepted in payment for the tax liability of a person other than the drawer of the check. "In like manner, in accordance with the 'Implementing Procedures In The Collection of National Internal Revenue Taxes Under CB Circular No. 640' issued by the Central Bank, authorized agent banks shall comply with the following: 'a. . . . 'b. The check applied for payment of taxes should be drawn by the taxpayer himself. Accommodation Checks, especially from Business Agents who issue their personal checks for payment of taxes of their various clients should not be accepted by the bank. 'c. If a taxpayer indicated on the check the kind of tax for which it is drawn, the bank should not accept it in payment of any other tax liability of another taxpayer or taxpayers.' "All RTR Issuing Officers shall, before issuing an RTR, inform the taxpayer paying his taxes by check, of the aforementioned guidelines. "Section 3. REPEALING CLAUSE . All regulations, rulings, orders, or portions thereof which are inconsistent with the provisions of these regulations, are hereby revoked. "Section 4. EFFECTIVITY . These regulations shall take effect immediately. (SGD.) CESAR VIRATA Minister of Finance "Recommended by: (SGD.) EFREN I. PLANA Acting Commissioner" All internal revenue officers and others charged with the enforcement of internal revenue laws are hereby enjoined to enforce the provisions of this Revenue Regulations accordingly and to give it as wide a publicity as possible. aisa dc EFREN I. PLANA Acting Commissioner