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Tax resources for Filipinos

RMO No. 54-98: Prescribes the registration requirements to be submitted by taxpayers relative to: a) registration of new taxpayer; b) registration of cash machines; c) securing authority to print receipts and invoices; d) stamping of receipts and invoices; e) stamping of manual/bond books of accounts; and f) securing permit to use loose-leaf/computerized books of accounts/invoices and receipts

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Summary

RMO No. 54-98 prescribes the registration requirements taxpayers submit for several registration-related transactions.

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Key points

  1. Registration and cash register machines. Requirements are set for registration of a new taxpayer and registration of cash register machines.
  2. Receipts and invoices. Requirements are set for securing authority to print receipts and invoices, and for stamping of receipts and invoices.
  3. Books of accounts. Requirements are set for stamping of manual/bound books of accounts. They also cover securing a permit to use loose-leaf or computerized books of accounts, invoices and receipts.

Who is affected

  • Taxpayers registering or seeking the listed authorities and permits

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

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.