Transition Procedures for All Taxpayers Affected by the Revised Tax Rates on Documentary Stamp Tax Pursuant to the Provisions of Republic Act (RA) No. 10963, Otherwise Known as the Tax Reform for Acceleration and Inclusion (TRAIN)

January 4, 2018

REVENUE MEMORANDUM CIRCULAR NO. 003-18

 

This Circular is issued to provide transition procedures for all taxpayers who are affected in filing the documentary stamp tax returns (BIR Form Nos. 2000 and 2000-OT) due to the revised tax rates pursuant to the provisions of RA No. 10963.

The abovementioned BIR forms are being enhanced and the Alphanumeric Tax Codes (ATCs) affected by the increase in tax rates are as follows:

BIR Form No.	Form Name	ATC Affected	Changes in Tax Rate
1. 2000	Documentary Stamp Tax Declaration/Return	DS 101, 102, 104 to 109, 112, 114 to 121, 125, 126, 130 to 132	Increase in the tax rate is 100% except for DS 106, which is 50% only
2. 2000-OT	Documentary Stamp Tax Declaration/Return — One Time Transactions	DS 102 and 125	Increase in the tax rate is 100%

The changes in tax rates mentioned above are not yet reflected and implemented in the following:

1. Electronic Filing and Payment System (eFPS);

2. Electronic Bureau of Internal Revenue Forms (eBIRForms); and

3. Manual Forms

thus, the following work around procedures in filing the BIR Form/Return mentioned above shall be adopted by the following taxpayers:

1. eFPS Filers of BIR Form No. 2000 shall —

a) Use the existing BIR form in the eFPS;

b) Fill in the required information (e.g., date of transactions, parties to the transactions, etc.);

c) Click and choose the applicable ATC, nature of transaction, tax rate and tax due will automatically appear;

d) Change the amount of tax due computed by the system with the correct amount using the new tax rate as follows:

e) File the return then proceed to payment and pay the corrected tax due thereon.

2. eBIRForms Users/Filers of BIR Form Nos. 2000 and/or 2000-OT shall —

1. File online using the existing BIR form in the eBIRForms Package then pay the corresponding taxes due thereon via:

a) Online payment thru GCash, Landbank Electronic Payment Service (LBEPS) or BIR-DBP PayTax Online (BDPTO); or

b) Manual payment via over-the-counter (OTC) of Authorized Agent Banks (AABs) under the jurisdiction of the Revenue District Office (RDO) where the taxpayer is registered.

2. The above transactions will result to deficiency tax, and to cover the deficiency tax, eBIRForms users/filers shall likewise file online and pay online, thru GCash, LBEPS or BDPTO, or pay manually via OTC of AABs under the jurisdiction of the RDO where the taxpayer is registered, the deficiency tax using BIR Form No. 0605 and fill in the corresponding information in the Tax Type and ATC fields stated below in lieu of the correct BIR form that should have been used:

Supposed BIR Form to be Used	Tax Type	ATC
1. 2000	DS Documentary Stamp Tax	All eBIRForms filers shall use ATC MC 031 — Deficiency Tax
2. 2000-OT	DO Documentary Stamp Tax — One Time

3. Manual Filers of BIR Form Nos. 2000 and/or 2000-OT shall —

1. Fill-in the applicable BIR form [pre-printed or downloaded form in BIR website (www.bir.gov.ph) under the BIR Forms section of the website] using the new tax rates then compute the tax due thereon.

2. File and pay manually via OTC of AABs under the jurisdiction of the RDO where the taxpayer is registered.

All concerned taxpayers shall be responsible in ensuring that the correct tax due is being declared and paid for accordingly. Any deficiency taxes that will be discovered in the validation/audit process shall be subjected to all applicable penalties incident thereto in accordance with existing rules and regulations.

All concerned are hereby enjoined to be guided accordingly and give this Circular as wide a publicity as possible.

(SGD.) CAESAR R. DULAY

Commissioner of Internal Revenue