Summary
RMC No. 21-2017 directs RDO personnel not to require Authorized Agent Banks (AABs) to submit certain documents when reporting returned or dishonored checks.
Key points
- Documents not to be required. RDO personnel must refrain from requiring AABs to submit copies of the Batch Control Sheet and of tax returns/forms with returned/dishonored check transactions.
- Purpose. This applies when acknowledging receipt of the Report of Returned/Dishonored Checks.
Who is affected
- RDO personnel
- Authorized Agent Banks
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.