Modification and Dropping of ATC on Final Withholding Tax on Amounts Withdrawn from Decedent's Deposit Account and Excise Tax on Performance of Services on Invasive Cosmetic Procedures

July 9, 2019 REVENUE MEMORANDUM ORDER NO. 047-19 SUBJECT : Modification and Dropping of Alphanumeric Tax Code (ATC) on Final Withholding Tax on Amounts Withdrawn from Decedent's Deposit Account and Excise Tax on the Performance of Services on Invasive Cosmetic Procedures Pursuant to RR No. 8-2019 (Amending the Pertinent Provisions of Sections 9 and 10 under Revenue Regulations No. 12-2018) and RR No. 2-2019 (Rules and Regulations Implementing the Imposition of Excise Tax on Non-Essential Services Introduced by Republic Act No. 10963, Otherwise Known as the "Tax Reform for Acceleration and Inclusion (TRAIN) Law") TO : All Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concerned I. OBJECTIVE: To facilitate the proper identification and monitoring of tax collections from Final withholding tax on amounts withdrawn from decedent's deposit account and Excise tax on the performance of services on invasive cosmetic procedures pursuant to RR No. 8-2019 and RR No. 2-2019. II. THE FOLLOWING ATC IS HEREBY MODIFIED: EXISTING (per ATC Handbook) MODIFIED/NEW ATC Description Tax Rate Legal Basis BIR Form No. BIR Form No. WI165 Final Withholding Tax on Amounts withdrawn from decedent's deposit account 6% RR No. 8-2019 1602Q/2306 1621/0620/2306 III. THE FOLLOWING ATCs ARE HEREBY DROPPED: ATC Description Tax Rate Legal Basis BIR Form No. WI800 WC800 Final Withholding of Excise Tax on the Performance of services on invasive cosmetic procedures a. Individual b. Corporate 5% RR No. 2-2019 1620-XC 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