Tax Resources PH icon

TAX RESOURCES PH

Tax resources for Filipinos

RMO No. 18-2001: Renames the Alphanumeric Tax Codes (ATCs) for Percentage Tax on winnings and prizes withheld by race track operators

Files
Download this file

Summary

RMO No. 18-2001 renames the Alphanumeric Tax Codes (ATCs) for Percentage Tax on winnings and prizes withheld by race track operators.

CollapseExpand

Key points

  1. Government Withholding Agent ATCs. The 4% ATC is renamed from WB191 to WB191, and the 10% ATC from WB191 to WB192.
  2. Private Withholding Agent ATCs. The 4% ATC is renamed from WB192 to WB193, and the 10% ATC from WB192 to WB194.

Who is affected

  • Race track operators acting as withholding agents

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

Related issuances (1)

Cited by CollapseExpand
Cited byRMO No. 60-2010

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.