RMO No. 49-2018: Authorizes Revenue Collection Officers to accept tax payments pertaining to ONETT of taxpayers availing the Fast Lane

Key points

1. Who may accept payments. RCOs in Revenue District Offices already authorized to accept payments during tax deadlines may also accept ONETT payments. Examples are Capital Gains Tax, Documentary Stamp Tax, Donor’s Tax and Estate Tax.
2. Payments above P20,000. For ONETT-related taxes above Twenty Thousand Pesos (₱20,000.00), the RCO accepts only a Manager’s or Cashier’s Check.
3. Daily deposit. The RCO deposits collections daily with the Authorized Government Depository Bank. Cash and check deposit slips for ONETT are kept separate from other tax types.
4. Documents for the processing officer. After deposit, the RCO gives the ONETT Processing Officer photocopies of the electronic Revenue Official Receipt (eROR) and the deposit slip stamped Received by the bank, with the ONETT details.

Who is affected

• Revenue Collection Officers
• Taxpayers using the Fast Lane for ONETT