Summary
RMO No. 18-2025 modifies, drops and creates Alphanumeric Tax Codes (ATC) of selected revenue sources pursuant to RA No. 12066 (CREATE MORE Act).
CollapseExpand
Key points
- Modified ATC. WI156 and WC156, income payments made by credit card companies, now carry a tax rate of 1/2%. The legal basis is R.A. No. 12066 / RR No. 5-2025, and the forms are 1601-EQ / 2307.
- Dropped ATC. WI760 and WC760 are dropped. They covered one-half (1/2) of gross remittances by e-marketplace operators and digital financial services providers to sellers or merchants, at 1% under RR No. 16-2023.
- Created ATC. WI820 and WC820 cover one-half (1/2) of gross remittances by e-marketplace operators to sellers or merchants, and WI830 and WC830 cover those by digital financial services providers. The rate is 1/2% under R.A. No. 12066 / RR No. 5-2025, using BIR Form 1601-EQ / 2307.
Who is affected
- Credit card companies
- E-marketplace operators and digital financial services providers
- Sellers and merchants on their platforms
Deadlines and effectivity
- Issued April 10, 2025
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.