Summary
RMC No. 52-2022 clarifies the filing and payment date of the franchise tax and its return for PAGCOR Licensees under RMC No. 32-2022.
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Key points
- Franchise tax and form. Under RMC No. 32-2022, the 5% franchise tax is paid directly to the RDO where the Licensee is registered. The Licensee remits it using BIR Form 2553 with ATC OT 010.
- Filing and payment date. The form is filed and the tax is paid within 25 days after the end of each taxable quarter.
Who is affected
- PAGCOR Licensees
Deadlines and effectivity
- Filing and payment: within 25 days after the end of each taxable quarter
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.
