RR No. 4-2009: Amends the provisions of Section 24 of Revenue Regulations No. 3-2006 pertaining to the allocable share of the Philippine Health Insurance Corporation and the Department of Health in the annual incremental revenue under RA No. 9334

Key points

1. Allocation. Two and one-half percent (2.5%) of the annual incremental revenue collection is allocated to each of the PHIC and the DOH, for five (5) years from the effectivity of the Act.
2. Sworn reports. The BIR and the BOC submit to the DOF a sworn report of their annual incremental revenue from locally manufactured and imported alcohol and tobacco products remitted to the Bureau of Treasury, on or before April 30 of the year after the year of collection. The DOF submits the report to the DBM, copy furnished the PHIC and the DOH, on or before May 31 of each year.
3. Incremental revenue defined. Incremental revenue is the actual collection of excise taxes from locally manufactured and imported alcohol and tobacco products for the year in excess of the previous year. It covers the period starting January 2005 until December 2009.

Who is affected

• BIR and Bureau of Customs
• Philippine Health Insurance Corporation and Department of Health

Deadlines and effectivity

• BIR and BOC sworn report: on or before April 30 of the following year
• DOF report to DBM: on or before May 31 of each year
• Covered period: January 2005 until December 2009