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RMC No. 27-2006: Publishes the full text of Executive Order No. 525 issued by the President of the Philippines entitled “Creating a Special Task Force to Investigate Irregularities Committed in Relation to the Payment of Taxes in Transfers of Titles of Real Properties and For Other Purposes.”

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Summary

RMC No. 27-2006 publishes the full text of Executive Order No. 525, which creates a Special Task Force to investigate irregularities in the payment of taxes on transfers of titles of real properties.

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Key points

  1. Task Force set up. The Task Force is attached to the Presidential Anti-Graft Commission.
  2. Duration and turnover. The Task Force exists for two (2) years from the effectivity of the EO. Afterwards, its functions go to the Department of Justice.

Deadlines and effectivity

  • Task Force lasts two (2) years from the effectivity of EO No. 525

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Related issuances (1)

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CitesRMC No. 27-2005

Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.