Creation and Modification of Alphanumeric Tax Codes (ATCs) of Selected Revenue Source under the Tax Forms Enhancement Program

May 30, 2007 REVENUE MEMORANDUM ORDER NO. 09-07 SUBJECT : Creation and Modification of Alphanumeric Tax Codes (ATCs) of Selected Revenue Source under the Tax Forms Enhancement Program TO : All Collection Agents, Revenue District Officers, Other Internal Revenue Officers and Others Concerned I. Objective: To facilitate the proper identification and monitoring of Final Withholding VAT on payments to non-residents pursuant to Revenue Regulations No. 4-2007 (Amending Certain Provisions of RR No. 16-2005 'Consolidated Value-Added Tax Regulation of 2005') and in connection with the Bureau's Tax Forms Enhancement Program. HAEDCT II. The following ATCs are hereby created: ISSUANCE/ KIND OF TAX RATE LEGAL BASIS/ ATC BIR FORM REASONS AFFECTED Other services rendered in the Philippines by non-residents RR 16-2005 amended by - government withholding agent 12% RR No. 4-2007 WV060 1600 - private withholding agent 12% (Sec.4.114-2 WV070 1600 (b)(2)) III. The following ATCs are hereby modified: KIND OF TAX OLD NEW ISSUANCE/ ATC BIR FORM RATE RATE LEGAL BASIS/ AFFECTED REASONS Lease or use of properties or property RR 16-2005 1600 rights owned by non-residents amended by RR No. 4-2007 - (government withholding agent) 10% 12% (Sec.4.114-2 WV040 - (private withholding agent) 10% 12% (b)(2)) WV050 IV. Repealing clause: This Revenue Memorandum Order revises portions of all other issuances inconsistent herewith. V. Effectivity: This Revenue Memorandum Order shall take effect immediately. (SGD.) JOSE MARIO C. BUAG Commissioner of Internal Revenue