Tax Resources PH icon

TAX RESOURCES PH

Tax resources for Filipinos

RMC No. 112-2020: Suspends the enlisting/delisting of Large Taxpayers

Files
Download this file

Summary

RMC No. 112-2020 clarifies the suspension of the enlisting and delisting of Large Taxpayers until January 1, 2021.

CollapseExpand

Key points

  1. Where transactions are handled. All transactions of affected taxpayers, both Head Office and branches, are handled by the Revenue District Offices or concerned Large Taxpayers Service offices where they were registered before July 1, 2020.
  2. Certificates of Registration. Certificates of Registration issued by those offices on or after July 1, 2020 to the affected Large Taxpayers stay valid and may be posted at the principal place of business.
  3. Receipts and invoices. Principal and supplementary receipts and invoices based on an approved Authority to Print (ATP) issued on or after July 1, 2020 remain valid.

Who is affected

  • Large Taxpayers affected by the enlisting and delisting suspension
  • Head Offices and branches

Deadlines and effectivity

  • Suspension until January 1, 2021
  • Registration and ATP rules apply to items issued on or after July 1, 2020

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.