RMC No. 51-2012: Amends the deadline for the filing of Applications for Value-Added Tax (VAT) Tax Credit Certificates (TCCs) Monetization

Key points

1. TCCs issued in 2002 and 2003. For revalidated and unexpired TCCs originally issued in 2002 and 2003, filing runs from July 17, 2012 up to September 15, 2012 or the expiration of the TCC, whichever comes first.
2. TCCs issued in 2004. For unexpired and/or revalidated TCCs originally issued in 2004 until April 11, 2012, filing runs from July 17, 2012 up to October 17, 2012.

Who is affected

• Holders of VAT TCCs applying for monetization

Deadlines and effectivity

• 2002 and 2003 TCCs: July 17, 2012 to September 15, 2012 or TCC expiration, whichever comes first
• 2004 TCCs: July 17, 2012 to October 17, 2012