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RMC No. 13-2008: Re-circularizes the full text of EO No. 53 mandating all government agencies concerned to provide the BIR with the necessary information to help increase tax collections

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Summary

RMC No. 13-2008 re-circularizes the full text of EO No. 53, dated January 22, 1993 and earlier circularized under RMC No. 3-93, which requires government agencies to give the BIR information to help increase tax collections.

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Key points

  1. Data to be provided. The Department of Trade and Industry gives production and sales of manufacturing companies per industry. The Department of Transportation and Communications gives gross receipts of transport firms and revenues of telecommunications, telegraph and radio firms per company. The Central Bank gives interest and other income of banks per company, all government agencies and GOCCs give contracts with private contractors, and the Securities and Exchange Commission gives names, addresses and financial statements of active registered corporations and partnerships.
  2. Cooperation. LGUs, GOCCs and other government agencies must immediately comply with BIR requests for information relevant to implementing the revenue laws.
  3. Use of data and reporting. The BIR uses the data to evaluate tax compliance and improve collection efficiency. The Commissioner submits a quarterly report to the Secretary of Finance, the President and Congress.
  4. Budget and agreements. The Secretary of the Budget and Management gives preferential budgetary support to tax administration programs. The Department of Finance enters into a Memorandum of Agreement with the appropriate agency or LGUs to ensure compliance.

Who is affected

  • Government agencies, LGUs and GOCCs

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.