Tax Resources PH icon

TAX RESOURCES PH

Tax resources for Filipinos

RMO No. 40-2025: Creation and Dropping of Alphanumeric Tax Code (ATC) of Selected Revenue Source under Republic Act (R.A.) No. 12214 (Capital Markets Efficiency Promotion Act)

Files
Download this file

Summary

RMO No. 40-2025 creates and drops Alphanumeric Tax Codes (ATC) for pick-ups under RA No. 12214 (Capital Markets Efficiency Promotion Act).

CollapseExpand

Key points

  1. Created ATCs. ATCs XG056 to XG059 cover pick-ups: 4% up to ₱600,000, 10% over ₱600,000 to ₱1,000,000, 20% over ₱1,000,000 to ₱4,000,000, and 50% over ₱4,000,000. The legal basis is R.A. No. 12214 and the BIR form is 2200-AN.
  2. Dropped ATC. ATC XG055 (Pick-ups, Exempt, under R.A. No. 10963) is dropped.

Deadlines and effectivity

  • Issued September 17, 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.