RMO No. 08-2009: Further amends Section II of RMO No. 32-2008 relative to the limitation on the acceptance of payments of internal revenue taxes thru Revenue Collection Officers

Key points

1. Cash limit. Revenue Official Receipts are issued only for cash tax payments not exceeding P 20,000.00 per return. There is no limit on the amount if payment is made by check.
2. Accepted checks. Accepted checks are manager’s or cashier’s checks, and checks drawn against a joint or multiple account for the personal tax liability of a member, with the name and TIN of the paying member shown on the check. Also accepted are checks drawn against the owner’s personal account for the tax liability of a single proprietorship, and checks drawn against the account of a single proprietorship for the owner’s tax liability, with the owner’s name and TIN shown. Checks issued by either spouse to pay their income tax liabilities are also accepted.

Who is affected

• Taxpayers paying through Revenue Collection Officers