Supplement to RMO 24-87, Handbook on Alpha Numeric Tax Codes of Revenue Sources (ATC's)

February 11, 1988 REVENUE MEMORANDUM ORDER NO. 07-88 SUBJECT : Supplement to RMO 24-87, Handbook on Alpha Numeric Tax Codes of Revenue Sources (ATC's) TO : All Collection Agents, RPO-Issuing Officers, Cash Clerks and Others Concerned I. Objectives This order is issued to: 1. Provide facility in the identification, data control, monitoring and reporting of collection on taxes replaced by the Value-added tax (VAT) under EO 273, wherein said taxes were paid subsequent to the VAT implementation. cdt 2. Supplement and/or amend the Handbook on Alphanumeric Tax Codes of Revenue Sources (RMO 24-87), insofar as said taxes replaced by VAT are concerned. II. Supplemental ATCs In view of these objectives the following Alphanumeric Tax Codes for the pertinent replaced taxes are hereby prescribed: TAXES REPLACED ATC 1. Sales Tax 222 a) On original sale 1) Non-essential RS010 2) Essential RS020 3) Ordinary RS030 4) Agriculture products RS040 b) On subsequent sales RS050 2. Fixed Taxes a) On person subject to percentage taxes RF010 b) Graduated fixed taxes RF020 c) Other fixed taxes RF030 3. Miller's Tax RM010 4. Contractor's Tax RC010 5. Broker's Tax RB010 6. Advanced Sales Tax and Compensating Tax RA010 All BIR employees preparing documents which require alphanumeric tax codes (ATC's) shall adopt these codes for said taxes only for the year 1988. aisa dc III. Effectivity This Order takes effect immediately. BIENVENIDO A. TAN, JR. Commissioner