Creation of Alphanumeric Tax Code of Selected Revenue Source under Republic Act No. 10963

February 15, 2018 REVENUE MEMORANDUM ORDER NO. 014-18 SUBJECT : Creation 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 monthly withholding tax remittances for Creditable Income Taxes Withheld (Expanded) and Final Income Taxes Withheld pursuant to the implementation of RA No. 10963, the following ATCs are hereby created: ATC Description Tax Rate Legal Basis BIR Form WME10 Remittance of Creditable Income Taxes Withheld (Expanded) RA No. 10963 Sec. 6 of the NIRC 0619-E Remittance of Final Income Taxes Withheld RA No. 10963 Sec. 6 of the NIRC 0619-F WMF10 1. On Interest Paid on Deposits and Yield on Deposit Substitutes/Trusts/Etc. WMF20 2. On Other Final Income Taxes II. REPEALING CLAUSE: This Revenue Memorandum Order (RMO) revises portions of all other issuances inconsistent herewith. III. EFFECTIVITY: This RMO shall take effect immediately. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue