Summary
RMC No. 66-2016 clarifies that the bank referred to in RMC No. 60-2016 as having ceased operations is Sumitomo Mitsui Banking Corporation-Manila Representative Office, not the Manila Branch.
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Key points
- Bank identified. The bank that ceased business operations under RMC No. 60-2016 was Sumitomo Mitsui Banking Corporation-Manila Representative Office.
- Checks still accepted. Revenue Collection Officers, Special Collection Officers and others concerned continue to accept checks, including taxpayers’ checks, drawn from Sumitomo Mitsui Banking Corporation-Manila Branch.
Who is affected
- Revenue Collection Officers
- Special Collection Officers
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.