Creation and Modification of Alphanumeric Tax Code (ATC) of Selected Revenue Source under Republic Act (RA) No. 10963, Otherwise Known as Tax Reform for Acceleration and Inclusion (TRAIN) Act

January 4, 2018 REVENUE MEMORANDUM ORDER NO. 009-18 SUBJECT : Creation and Modification of Alphanumeric Tax Code (ATC) of Selected Revenue Source under Republic Act (RA) No. 10963, Otherwise Known as Tax Reform for Acceleration and Inclusion (TRAIN) Act TO : All Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concerned I. OBJECTIVE : To facilitate the proper identification and monitoring of tax collection from Final Withholding of Excise Tax on Invasive Cosmetic Procedures, Final Withholding Tax on Amounts Withdrawn from Decedent's Deposit Account and Documentary Stamp Tax in BIR Form Nos. 2000 (Documentary Stamp Tax Declaration/Return) and 2000 OT (Documentary Stamp Tax Declaration/Return One Time Transactions) pursuant to RA No. 10963. II. CREATION OF NEW ATC : ATC Description Tax Rate Legal Basis BIR Form WI165 Final Withholding Tax on Amounts Withdrawn from Decedent's Deposit Account 6% Sec. 27 of RA No. 10963 1602/2306 Final Withholding of Excise Tax on the performance of services on invasive cosmetic procedures 5% Sec. 46 of RA No. 10963 1620-XC WI800 a. individual WC800 b. corporate III. THE FOLLOWING ATCs ARE HEREBY MODIFIED : EXISTING (per ATC Handbook) MODIFIED/NEW BIR FORM NO. ATC Description Tax Rate Legal Basis Tax Rate Legal Basis DS101 Original Issue of Shares of Stock P1.00/P200.00 Sec. 2 of RA No. 9243 P2.00/P200.00 Sec. 51 of RA No. 10963 2000 Sales, Agreements to Sell, Memoranda of Sales, Deliveries or Transfer of Shares or Certificates of Stock Sec. 3 of RA No. 9243 Sec. 52 of RA No. 10963 DS102 a. With par value P0.75/P200.00 P1.50/P200.00 2000 and 2000 OT DS125 b. Without par value 25% of DST paid upon the original issue 50% of DST paid upon the original issue DS104 Certificates of Profits or Interest in Property or Accumulations P0.50/P200.00 Sec. 178 of RA No. 8424 P1.00/P200.00 Sec. 53 of RA No. 10963 2000 DS105 Bank Checks, Drafts, Certificates of Deposit not Bearing Interest and Other Instruments P1.50 Sec. 179 of RA No. 8424 P3.00 Sec. 54 of RA No. 10963 2000 DS106 Original Issue of All Debt Instruments P1.00/P200.00 of issue price or a fraction of 365 days for instrument with term of less than 1 year Sec. 5 of RA No. 9243 P1.50/P200.00 of issue price or a fraction of 365 days for instrument with term of less than 1 year Sec. 55 of RA No. 10963 2000 DS107 Acceptance of bill of exchange and others P0.30/P200.00 Sec. 181 of RA No. 8424 P0.60/P200.00 Sec. 57 of RA No. 10963 2000 DS108 Foreign Bills of Exchange and Letters of Credit P0.30/P200.00 Sec. 182 of RA No. 8424 P0.60/P200.00 Sec. 58 of RA No. 10963 2000 DS109 Life insurance policies if the amount of insurance: Sec. 3 of RA No. 10001 Sec. 59 of RA No. 10963 2000 a. Does not exceed P100,000.00 Exempt Exempt b. Exceeds P100,000.00 but does not exceed P300,000.00 P10.00 P20.00 c. Exceeds P300,000.00 but does not exceed P500,000.00 P25.00 P50.00 d. Exceeds P500,000.00 but does not exceed P750,000.00 P50.00 P100.00 e. Exceeds P750,000.00 but does not exceed P1,000,000.00 P75.00 P150.00 f. Exceeds P1,000,000.00 P100.00 P200.00 DS112 a. Policies of Annuities P0.50/P200.00 of the premium or installment payment on contract price collected Sec. 8 of RA No. 9243 P1.00/P200.00 of the premium or installment payment on contract price collected Sec. 60 of RA No. 10963 2000 b. Pre-Need Plans P0.20/P200.00 of the premium or contribution collected P0.40/P200.00 of the premium or contribution collected DS114 Certificates P15.00 Sec. 188 of RA No. 8424 P30.00 Sec. 61 of RA No. 10963 2000 DS115 Warehouse Receipts P15.00 with value above P200.00 Sec. 189 of RA No. 8424 P30.00 with value above P200.00 Sec. 62 of RA No. 10963 2000 DS116 Jai-alai, Horse Race Tickets, Lotto or Other Authorized Number Games P0.10/P1.00 Sec. 190 of RA No. 8424 P0.20/P1.00 Sec. 63 of RA No. 10963 2000 DS117 Bills of Lading or Receipts P100.00 to P1,000.00 P1.00 Sec. 191 of RA No. 8424 P100.00 to P1,000.00 P2.00 Sec. 64 of RA No. 10963 2000 Above P1,000.00 P10.00 Above P1,000.00 P20.00 DS118 Proxies P15.00 Sec. 192 of RA No. 8424 P30.00 Sec. 65 of RA No. 10963 2000 DS119 Powers of Attorney P5.00 Sec. 193 of RA No. 8424 P10.00 Sec. 66 of RA No. 10963 2000 DS120 Leases and Other Hiring Agreements 1st P2,000.00 P3.00 Sec. 194 of RA No. 8424 1st P2,000.00 P6.00 Sec. 67 of RA No. 10963 2000 in excess (P1.00/P1,000.00) in excess (P2.00/P1,000.00) DS121 Mortgages, Pledges & Deeds of Trust 1st P5,000.00 P20.00 Sec. 195 of RA No. 8424 1st P5,000.00 P40.00 Sec. 68 of RA No. 10963 2000 in excess (P10.00/P5,000.00) in excess (P20.00/P5,000.00) DS126 Bills of Exchange or Drafts P0.30 on each P200.00 Sec. 6 of RA No. 9243 P0.60 on each P200.00 Sec. 56 RA No. 10963 2000 Charter Parties and Similar Instruments if gross tonnage is: Sec. 197 of RA No. 8424 Sec. 70 of RA No. 10963 2000 DS130 a. 1,000 tons and below 1st 6 months P500.00 in excess + P50.00 1st 6 months P1,000.00 in excess + P100.00 DS131 b. 1,001 to 10,000 tons 1st 6 months P1,000.00 in excess + P100.00 1st 6 months P2,000.00 in excess + P200.00 DS132 c. over than 10,000 tons 1st 6 months P1,500.00 in excess + P150.00 1st 6 months P3,000.00 in excess + P300.00 DS122 Deeds of Sale and Conveyances of Real Property P15.00/P1,000.00 Sec. 196 of RA No. 8424 Deeds of Sale, Conveyances and Donation of Real Property Sec. 69 of RA No. 10963 2000 OT IV. REPEALING CLAUSE : This Revenue Memorandum Order (RMO) revises portions of all other issuances inconsistent herewith. V. EFFECTIVITY : This RMO shall take effect immediately. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue