Summary
RMC No. 112-2024 clarifies the guidelines on sale and affixture of loose documentary stamps to taxable documents under RMC No. 92-2024.
Key points
- Exception for TCC applications. The rule requiring presentation of the original duly signed taxable document before a taxpayer may buy a loose documentary stamp does not apply to Tax Clearance Certificate (TCC) applications.
- Effect. Taxpayers applying for a TCC may buy a loose documentary stamp as part of the documentary requirements under the BIR Citizen’s Charter.
Who is affected
- Taxpayers applying for a Tax Clearance Certificate (TCC)
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.