Modification of Alphanumeric Tax Code (ATC) of Selected Revenue Source Per Republic Act No. 8424 Pursuant to Revenue Memorandum Circular No. 18-2010, Clarification on the Coverage and Taxability of Amusement Places under Section 125 (b) of the National Internal Revenue Code, as Amended

October 14, 2010 REVENUE MEMORANDUM ORDER NO. 078-10 SUBJECT : Modification of Alphanumeric Tax Code (ATC) of Selected Revenue Source Per Republic Act No. 8424 Pursuant to Revenue Memorandum Circular No. 18-2010, Clarification on the Coverage and Taxability of Amusement Places under Section 125 (b) of the National Internal Revenue Code, as Amended TO : All Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concerned I. Objective: To facilitate the proper identification and monitoring of tax on amusement places, the following ATC is hereby modified: Existing (per ATC Handbook) Modified/New BIR Tax Legal Tax Form ATC Description Rate Basis ATC Description Rate No. PT150 Tax on cabarets, 18% Section PT150 Tax on amusement 18% 2551Q night or day clubs 125 (b) of places, such as RA No. cabarets, night and 8424 day clubs, videoke bars, karaoke bars, karaoke television, karaoke boxes, music lounges and other similar establishments II. Repealing Clause: This Revenue Memorandum Order (RMO) revises portions of all other issuances inconsistent herewith. III. Effectivity: This RMO shall take effect immediately. IcCDAS (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue