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RMC No. 23-2023: Amends RMC No. 48-2018 on the classification and processing time of One-Time Transactions

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Summary

RMC No. 23-2023 amends RMC No. 48-2018 on the classification and processing time of One-Time Transactions (ONETT), to align with the Citizen’s Charter 2023 Edition.

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Key points

  1. Sale of real property or shares of stock. Both the ONETT Computation Sheet (OCS) and the eCAR are classified Complex, with 7 working days each.
  2. Donation of properties. The OCS and the eCAR are both classified Complex, at 7 working days each.
  3. Estate of the decedent. The OCS is classified Highly Technical at 20 working days. The eCAR is classified Complex at 7 working days.
  4. How time is counted. Processing time is computed per application. The OCS and eCAR procedures in the Citizen’s Charter 2023 Edition still apply.

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Related issuances (2)

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CitesRMC No. 48-2018
Cited byRMC No. 28-2025

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.