Amending Revenue Memorandum Order No. 11-2004, Prescribing the Use of the Revised Taxpayer Type Classification, and Adopting the Latest Philippine Standard Industrial Classification (PSIC) and Philippine Standard Occupational Classification (PSOC)

January 8, 2014 REVENUE MEMORANDUM ORDER NO. 002-14 SUBJECT : Amending Revenue Memorandum Order No. 11-2004, Prescribing the Use of the Revised Taxpayer Type Classification, and Adopting the Latest Philippine Standard Industrial Classification (PSIC) and Philippine Standard Occupational Classification (PSOC) TO : All Internal Revenue Officials, Employees and Others Concerned I. Objectives This Revenue Memorandum Order is issued to: 1. Prescribe the use of the Revised Taxpayer Type Classification. 2. Provide a standard code guide on taxpayer types to be uniformly used in all District Offices and other concerned offices to eliminate misclassification of taxpayer. 3. Generate more accurate statistics as to the active taxpayers per taxpayer type classification. AIHTEa 4. Provide uniform report formats of Registration Reports for a more reliable and accurate reporting of Registration Data for computerized and non-computerized RDOs. 5. Adopt and implement the latest PSIC and PSOC published by National Statistical Coordinating Board (NSCB). II. Taxpayer Type Classification The following are the updated classification of taxpayer types with their applicable codes: Taxpayer Type Classification RMO New 11-2004 Code Individual (specify PSOC/PSIC) (ITS) (eTIS) EO98 EO98FC Executive Order No. 98 Filipino Citizen EO98FN Executive Order No. 98 Foreign National ONETT ONETFC One-Time Transaction Filipino Citizen ONETT ONETFN One-Time Transaction Foreign National LOCAL LOCAL Local Employee Compensation Income Earner Only SINGL SINGL Single Proprietorship Only (Resident Citizen) RAEMP Resident Alien Employee Compensation Income Earner Only RESAL RASP Resident Alien Single Proprietorship RAP Resident Alien Professional MIE MIE Marginal Income Earner MIXCS Mixed Income Earner Compensation Income Earner and Single Proprietor MIXCP Mixed Income Earner Compensation Income Earner and Professional MIXCSP Mixed Income Earner Compensation Income Earner, Single Proprietor & Professional PROFL Professional Licensed (PRC, IBP) PROFL PROFG Professional In General PROFSP Professional & Single Proprietor ESTAT ESTAFC Estate Filipino Citizen ESTAFN Estate Foreign National TRUST TRUSFC Trust Filipino Citizen TRUSFN Trust Foreign National NRAET Non-Resident Alien Engaged in Trade/Business RMO New 11-2004 Code Juridical Entities (specify PSIC) (ITS) (eTIS) PARTP GPP General Professional Partnership LMPART Limited Partnership ULPART Unlimited Partnership CORP Domestic Corporation RFCGL RFC Resident Foreign Corporation ROHQ ROHQ Regional Operating Headquarters JOINT JOINT Joint Venture GOVTA NGA National Government Agency LGU LGU Local Government Units GVTCP GOCC Government Owned & Controlled Corporation NONST NONST Non-stock Non-Profit Organizations, (e.g., Political Parties, Homeowners' Assoc., Business Leagues, etc.) COOP Cooperatives NRFC NRFC Non-Resident Foreign Corporation NRFCG NRFP Non-Resident Foreign Partnership III. Policies HDTCSI 1. The standard classification of taxpayer type and its corresponding code as provided under Section II of this RMO shall be uniformly used by all district office and other concerned offices in classifying taxpayers/new registrants and their corresponding taxes to avoid inconsistencies in the registration reports. 2. There should be one taxpayer type CLASSIFICATION per taxpayer by choosing the taxpayer's main line of business/profession as the criteria for classification. For cases with multiple line of businesses/profession, TSS is required to indicate applicable PSIC/PSOC as many as appropriate. 3. Prescribe the Revised Report format on Registration per Taxpayer Type Classification (Annex A). 4. In the case of tax type classification, the same codes shall be used for system generated report purposes. Any modification/addition in classification shall be covered by a separate RMO. IV. Effectivity The prescribed taxpayer type classification, PSIC and PSOC shall be an input/basis to the systems development of the Electronic Taxpayer Information System (eTIS). This Order shall take effect upon implementation of eTIS. Pending the eTIS roll out, policies and procedures set forth under RMO 11-2004 shall still be observed in the meantime. (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue ANNEX A Consolidated Report on Registration by "Taxpayer Type" Classification