Creation and Dropping of Alphanumeric Tax Code (ATC) on Microfinance Non-government Organizations (NGOs) and Documentary Stamp Tax (DST) in BIR Form 2000-OT under Republic Act (RA) No. 10963, Otherwise Known as Tax Reform for Acceleration and Inclusion (TRAIN) Law

November 5, 2018 REVENUE MEMORANDUM ORDER NO. 003-19 SUBJECT : Creation and Dropping of Alphanumeric Tax Code (ATC) on Microfinance Non-government Organizations (NGOs) and Documentary Stamp Tax (DST) in BIR Form 2000-OT under Republic Act (RA) No. 10963, Otherwise Known as Tax Reform for Acceleration and Inclusion (TRAIN) Law TO : Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concerned I. OBJECTIVE: To facilitate the proper identification and monitoring of tax collections from Microfinance NGOs and Documentary Stamp Tax in BIR Form No. 2000-OT (Documentary Stamp Tax Declaration/Return One Time Transactions) pursuant to RA No. 10963. AScHCD II. THE FOLLOWING ATCs ARE HEREBY CREATED: ATC Description Tax Rate Legal Basis BIR Form No. IC210 Preferential tax rate on Microfinance NGOs 2% Sec. 20 of RA No. 10693 1702Q RR No. 3-2017 1702MX Sales, Agreements to Sell, Memoranda of Sales, Deliveries or Transfer of Shares or Certificate of Stock Sec. 52 of RA No. 10963 2000-OT DO102 a. In case of stock with par value P1.50/P200.00 DO125 b. In case of stock without par value 50% of DST paid on original issue DO122 Deeds of Sale, Conveyances, and Donation of Real Property P15.00/P1,000.00 Sec. 69 of RA No. 10963 2000-OT III. THE FOLLOWING ATCs ARE HEREBY DROPPED: ATC Description Tax Rate Legal Basis BIR Form No. PT118 Preferential tax rate on Microfinance NGOs 2% Sec. 20 of RA No. 10693 2551M RR No. 3-2017 Sales, Agreements to Sell, Memoranda of Sales, Deliveries or Transfer of Shares or Certificate of Stock Sec. 52 of RA No. 10963 2000 and 2000-OT DS102 a. In case of stock with par value P1.50/P200.00 DS125 b. In case of stock without par value 50% of DST paid on original issue DS122 Deeds of Sale, Conveyances, and Donation of Real Property P15.00/P1,000.00 Sec. 69 of RA No. 10963 2000-OT IV. REPEALING CLAUSE: This Revenue Memorandum Order (RMO) revises portions of all other issuances inconsistent herewith. HESIcT V. EFFECTIVITY: This RMO shall take effect immediately. Date Issued: January 15, 2019. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue