Suspension of the Effectivity of Revenue Regulations No. 4-89 Dated May 18, 1989, Concerning the Filing of Information Return for Documentary Stamp Taxes Paid

September 7, 1989 REVENUE MEMORANDUM CIRCULAR NO. 60-89 SUBJECT : Suspension of the Effectivity of Revenue Regulations No. 4-89 Dated May 18, 1989, Concerning the Filing of Information Return for Documentary Stamp Taxes Paid In view of the protest of the Bankers Association of the Philippines who are most likely affected by the implementation of Revenue Regulations No. 4-89 due to unforeseen administrative problems in its compliance and implementation, its effectivity is hereby postponed until further notice but not later than three (3) months from the date of this Order. This suspension in prompted by the desire of this Office to afford the BAP-BIR Tax Committee opportunity to discuss more thoroughly the said Regulations. This Order is to take effect immediately. cd Recommending Approval: (SGD.) JOSE U. ONG Commissioner of Internal Revenue Approved: (SGD.) VICTOR C. MACALINCAG Acting Secretary of Finance