Special Reporting by Telegram or by Other Means of Fast Communication of Income Tax Collections for the Whole Fiscal Year Ending June 30

March 21, 1972 REVENUE MEMORANDUM ORDER NO. 10-72 SUBJECT : Special Reporting by Telegram or by Other Means of Fast Communication of Income Tax Collections for the Whole Fiscal Year Ending June 30 To enable the Commissioner of Internal Revenue to determine the correct share of each municipality, province and chartered city from the excess of income tax collections and withholding tax on wages as provided for under Section 360 of the National Internal Revenue Code; and to enable Treasury Field Cashiers and/or the National Treasurer to retain and remit to the local governments their share in income and withholding taxes within the time prescribed under Section 14 of Republic Act No. 5185 otherwise known as the Decentralization Act of 1967, as amended by Republic Act No. 6258 after the months of July and April, the following procedures are hereby prescribed: I. In areas where internal revenue taxes are receipted by Revenue Official Receipts (BIR Form 25.24) . (a) During the month, every Collecting Officer shall post daily to his collection report (BIR Form 12.31) his collections so that at the end of each month he will be able to submit his collection reports (BIR Forms 12.31 and 12.01) and remit his collections within five (5) days after the end of each month. (b) In the preparation of the remittance advices for the months of July and April, the Collecting Officer shall segregate his income tax collections from other taxes for the information of his Treasury Field Cashier. Thus, the entry in his remittance advice may appear as follows: Collections for the month of July (or April) Income tax P10,000.00 Other taxes 15,000.00 Total P25,000.00 c) Within four (4) days after the end of each fiscal year, every Collecting Officer shall submit to his Revenue District Officer a summary of his internal revenue collections for the entire fiscal year, segregating therein his income tax collections from other taxes. (Use the sample form attached.) (d) Within five (5) days after the end of each fiscal year, every Revenue District Officer shall inform the Chief, Accounting Division by telegram or by any other fast means of communication the income tax collections for each of the municipality and city under his jurisdiction. If sent by telegram, the information may be worded as follows: "Revenue District No. 59 income tax collections for whole year ending June 30, Alcantara P14,356.67; Alcoy P10,000.50, Alegria P15,250.01, Aloquinsan P9,650.00, Badian P30,275.55, Barili P14,900.00, Carcar P28,100.55 Total P122,633.28." II. In areas where internal revenue taxes are receipted thru the Banking System by the issue of Central Bank Receipts . (a) In Greater Manila, Bacolod, Cebu, Davao, and all other 26 cities and 18 municipalities enumerated in Central Bank Circular No. 336, where the internal revenue collections are collected thru the Banks and which are abstracted in the National Office, the Chief, Data Processing Center shall inform within five (5) days at the end of each month the Revenue District Officer concerned, copy furnished the Revenue Regional Director of the internal revenue collections for each municipality and city of his district, income tax segregated from other taxes. (b) For other internal revenue taxes allowed to be receipted by Revenue Official Receipts, such as, privilege taxes on business and occupation, firearm tax, tobacco inspection fee, certification fees, water rentals, residence taxes, and documentary stamp tax, every Collecting Officer shall continue to submit collection reports under BIR Form 12.31 and 12.01 except for Manila (North & South) and other localities where immediate abstracting of the revenue official receipts are done by the Data Processing Center. III. Penalty . Section 22 of Republic Act No. 5185 as amended by Republic Act No. 6258, provides penalty for any public officer who delays, obstructs or prevents the turn over of regular and special allotments and shares from excess income tax collections to an imprisonment of not less than one year and not more than six years or a fine of not less than two or more than ten thousand pesos or both at the discretion of the court. This Order shall take effect immediately. MISAEL P. VERA Commissioner of Internal Revenue SUMMARY OF INCOME TAX AND OTHER TAXES COLLECTED Fiscal Year 19____ Name of Municipality/city Name of Collecting Officer Revenue District No. _______ Station Total Income Other Month of Collections Tax Taxes P P P TOTAL P P P Date Prepared: ________________________ ________________________ Signature ________________________ Official Title NOTE: Original Revenue District Officer Duplicate Revenue Regional Director Triplicate File, Collecting Officer