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RMC No. 128-2020: Circularizes Joint Memorandum Circular (JMC) No. 003.2020 (Implementing Rules and Regulations of Heated Tobacco Products and Vapor Products as Prescribed by Republic Act Nos. 11346 and 11467)

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Summary

RMC No. 128-2020 circularizes Joint Memorandum Circular (JMC) No. 003.2020, the Implementing Rules and Regulations of Heated Tobacco Products and Vapor Products under Republic Act Nos. 11346 and 11467.

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Key points

  1. Issuing agencies. The JMC is between the Department of Finance, Department of Health, Department of Budget and Management, the BIR and the Philippine Health Insurance Corporation. It is attached to the Circular as Annex A.
  2. Directive. All internal revenue officials, employees and others concerned are to be guided by it, and the Circular is to be given as wide publicity as possible.

Who is affected

  • Internal revenue officials, employees and others concerned

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.