Creation of Alphanumeric Tax Codes (ATC) on Taxes Collected Through The Voluntary Assessment and Abatement Program VAAP (Revenue Regulations No. 12-2002)
Revenue Memorandum Order No. 24-02 • Bureau of Internal Revenue (BIR) Issuances • Revenue Memorandum Orders • Sep 30, 2002
Full text
September 30, 2002 REVENUE MEMORANDUM ORDER NO. 24-02 SUBJECT : Creation of Alphanumeric Tax Codes (ATC) on Taxes Collected Through The Voluntary Assessment and Abatement Program VAAP (Revenue Regulations No. 12-2002) TO : All Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concerned I. Objective: To facilitate identification and monitoring of tax collections from Voluntary Assessment and Abatement Program (VAAP) based on BIR Form No. 0611 (Voluntary Assessment & Abatement Program Payment Form) per Revenue Regulations 12-2002 (Regulations in the Implementation of VAAP for Taxpayers with Underdeclared Sales/Receipts/Income pursuant to the RELIEF Program of the Bureau) and for Integrated Tax System (ITS) purposes, the following ATCs are hereby created: KIND OF TAXES ISSUANCE/LEGAL BASIS/ ATC REASONS Miscellaneous Taxes/Other Revenue Revenue Regulations Sources No. 12-2002 On the revenue collected through the Voluntary Assessment and Abatement Program: Income Taxes MC033 Value-Added Taxes MC034 Excise Taxes MC035 II. Repealing Clause: This Revenue Memorandum Order revises portions of all other issuances inconsistent herewith. III. Effectivity: This Revenue Memorandum Order shall take effect immediately. (SGD.) GUILLERMO L. PARAYNO, JR. Commissioner of Internal Revenue
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