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RMC No. 120-2016: Advises all Revenue Collection Officers not to accept checks as well as taxpayer’s checks drawn from Rural Bank of Luna (Isabela), Inc.

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Summary

RMC No. 120-2016 advises Revenue Collection Officers, Special Collection Officers and Collection Officers not to accept checks drawn from the Rural Bank of Luna (Isabela), Inc., a closed bank, in payment of internal revenue taxes.

Key points

  1. Checks not accepted. Collection officers must not accept checks, including taxpayers’ checks, drawn from the Rural Bank of Luna (Isabela), Inc. as payment of internal revenue taxes. The bank is a closed bank.

Who is affected

  • Revenue Collection Officers
  • Special Collection Officers
  • Collection Officers

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.