Summary
RMC No. 72-2009 reiterates RMC No. 52-2005 on the imposition of Value-Added Tax (VAT) on Tollway Operators under Section 108(A) of the National Internal Revenue Code.
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Key points
- VAT applies. Under the exception in Section 119 of the Tax Code, as amended by Republic Act No. 9337, tollway services are subject to VAT because they do not fall under the exceptions specified in Section 119.
- Jurisdiction over tax issues. Tax issues of all Tollway Operators, including VAT, for the years 2007 to 2009 fall under the Task Force on Tollway Operators created by Revenue Special Order No. 617-2009.
- Invoicing format. All Tollway Operators follow the invoicing/receipting format prescribed in RMC No. 40-2005.
Who is affected
- Tollway Operators
Deadlines and effectivity
- Tax issues covered: years 2007 to 2009
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.