RR No. 04-98: Implements the provision of RA No. 6734 relative to the proportionate share of the provinces comprising the Autonomous Region in Muslim Mindanao (ARMM) in the national collections from businesses

Key points

1. Remittance responsibility. Under ARMM Executive Order No. 9, as amended, the BIR and other national collecting officers remit the shares.
2. Province share. 30% goes to the province where the revenues were generated, through the Provincial Treasurer.
3. Regional and national shares. 30% goes to the Regional Government through the Regional Treasurer. 40% goes to the National Government, through the Bureau of Treasury, via the nearest Authorized Government Depository Banks (AGDB) branch.
4. Specified roles. The Regulations specify the responsibilities of the BIR Collection Agents in the ARMM, the Regional Treasurer – ARMM, the Provincial Treasurer – AGDB branch and the Fiscal Examiner.

Who is affected

• BIR and other national collecting officers in the ARMM
• Businesses operating in the ARMM