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Revenue Memorandum Circular No. 56-2024

2024-05-13T13:29:09+08:00

This Circular clarifies the issuance of Electronic Certificate Authorizing Registration (eCAR) relative to One-Time Transaction (ONETT). The venue for the processing and issuance of eCAR, regardless of where the tax return and the tax payments were made, shall still be at the RDO which has jurisdiction over the ONETT, as follows: Sale of real property - RDO which has jurisdiction over the location of the property subject of sale; Sale of personal property - RDO which has jurisdiction over the residence of the seller; Donation - RDO which has jurisdiction over the residence of the donor (individual)/RDO where the donor is [...]

Revenue Memorandum Circular No. 56-20242024-05-13T13:29:09+08:00

Revenue Regulations No. 15-2023

2023-12-27T17:41:05+08:00

Implements the grant of Donor's Tax exemption on the donation of imported capital equipment, raw materials, spare parts, or accessories directly and exclusively used in the registered project or activity by Registered Business Enterprises (RBEs) of any existing Investment Promotion Agencies (IPAs) under Section 295 (C)(2)(e) of the Tax Code of 1997, as amended. The donation of capital equipment, raw materials, spare parts, or accessories, which were granted tax and customs duty exemption to the Technical Education and Skills Development Authority (TESDA), State Universities, and Colleges (SUCs), or Department of Education (DepEd) and Commission on Higher Education (CHED) - accredited schools [...]

Revenue Regulations No. 15-20232023-12-27T17:41:05+08:00
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