Publishing Ministry Circular No. 39 of the Ministry of Justice

November 13, 1981 REVENUE MEMORANDUM CIRCULAR NO. 38-81 SUBJECT : Publishing Ministry Circular No. 39 of the Ministry of Justice TO : All Revenue Service Chiefs, Regional Directors, Revenue District Officers and All Others Concerned For the information and guidance of all concerned, there is published hereunder Ministry Circular No. 39 of the Ministry of Justice. "Republika ng Pilipinas Ministri ng Katarungan Ministry of Justice Manila Office of the Minister TO : All Concerned SUBJECT : Duty of Officials and Employees of registries of Deeds to see to it that Internal Revenue Laws and Regulations concerning documentary stamps in the registration of legal and/or commercial documents be strictly complied with. Acting Commissioner Ruben Ancheta of the Bureau of Internal Revenue has invited the attention of this Ministry to reported instances of non-implementation of Internal Revenue Laws and Regulations concerning the payment of documentary stamps in the registration of and/or notarization of legal and commercial documents, resulting in the loss of revenues to the government . cd i Wherefore, the following procedures are hereby prescribed and ordered to be strictly observed in the registration of legal and/or commercial documents: 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 filed with the registry records; and 3. Documentary stamps should be properly pasted and not merely stapled on the document. Strict compliance herewith is hereby enjoined. acd October 15, 1981. (SGD) RICARDO C. PUNO Minister of Justice" All those concerned are hereby enjoined to be guided accordingly. (SGD.) RUBEN B. ANCHETA Acting Commissioner