Tax Resources PH icon

TAX RESOURCES PH

Tax resources for Filipinos

RMC No. 125-2021: Provides guidelines on the payment of taxes related to One-Time Transactions (ONETT)

Files
Download this file

Summary

RMC No. 125-2021 informs taxpayers that electronically filed One-Time Transactions (ONETT) may now be paid through listed online payment facilities.

Key points

  1. LBP Link.Biz Portal. This is for taxpayers with an ATM account with Land Bank of the Philippines, holders of Bancnet ATM, debit or prepaid cards, and taxpayers using PesoNet who are depositors of RCBC, Robinsons Bank and Union Bank.
  2. DBP Pay Tax Online. This is for holders of Visa or Mastercard credit cards and/or Bancnet ATM or debit cards.
  3. Union Bank Online Web and Mobile Payment Facility. This is for taxpayers who have an account with Union Bank of the Philippines.

Who is affected

  • Taxpayers with electronically filed ONETT transactions

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.