Summary
RMC No. 1-2012 reminds Revenue District Officers and others concerned to submit accurate reports to the Collection Programs Division (CPD) and to report Authorized Agent Bank non-compliance.
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Key points
- Monthly reports to CPD. The List of Late Batches, Limited Bank Data Entry Exception Reports and Bank Branch Performance (Form 2841) are submitted not later than the 28th day of the following month.
- Bank non-compliance. Under RR No. 2-2008, non-compliance by Authorized Agent Banks with their obligations in the Memorandum of Agreement among the BIR, the Bureau of the Treasury and the Bank is reported to the CPD immediately upon receipt of a complaint. The CPD evaluates and imposes applicable penalties or sanctions.
Who is affected
- Revenue District Officers
Deadlines and effectivity
- Reports due not later than the 28th day of the following month
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.