Modification of Alphanumeric Tax Code (ATC) of Selected Revenue Source per Republic Act No. 8424 as Amended by Republic Act No. 9337
Revenue Memorandum Order No. 046-10 • Bureau of Internal Revenue (BIR) Issuances • Revenue Memorandum Orders • Mar 22, 2010
Full text
March 22, 2010 REVENUE MEMORANDUM ORDER NO. 046-10 SUBJECT : Modification of Alphanumeric Tax Code (ATC) of Selected Revenue Source per Republic Act No. 8424 as Amended by Republic Act No. 9337 TO : All Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concerned I. Objective: To facilitate the proper identification and monitoring of Excise Tax on Mineral and Mineral Products, the following ATCs are hereby modified: Existing (per ATC Handbook) Modified/New BIR Tax Legal Tax Form ATC Description Rate Basis ATC Description Rate No. XM030 Tax on Gold 2% Section XM040 Tax on Gold 2% 2200-M/0605 and chromite 18 of RA and chromite No. 9337 XM040 Tax on Copper 2% Section XM030 Tax on Copper 2% 2200-M/0605 and other metallic 18 of RA and other metallic minerals No. 9337 minerals II. Repealing Clause: This Revenue Memorandum Order revises portions of all other issuances inconsistent herewith. III. Effectivity: This Revenue Memorandum Order shall take effect immediately. ISCHET (SGD.) JOEL L. TAN-TORRES Commissioner of Internal Revenue
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