RR No. 06-98: Amends Section 2 of RR No. 4-97 by providing for the recognition of checks as one of the acceptable modes of payment

Key points

1. Checks accepted. Checks are recognized as an acceptable mode of payment to make paying taxes with the BIR easier.
2. Bank debit or credit facility. To pay through the bank debit system or a credit facility with a bank, credit company or similar institution, the taxpayer must open or maintain a bank account. The account is with any Authorized Agent Bank of the BIR where the taxpayer intends to file the return, form or declaration and pay the tax liabilities.

Who is affected

• Taxpayers paying taxes with the BIR