Summary
RMC No. 53-2016 tells collection officers not to accept checks drawn from Cathay United Bank Co. Ltd. – Manila Representative Office as payment of internal revenue taxes.
Key points
- Checks not to be accepted. Revenue Collection Officers, Special Collection Officers and Collection Officers must not accept checks drawn from Cathay United Bank Co. Ltd. – Manila Representative Office. This includes taxpayers’ own checks drawn from that bank.
Who is affected
- Revenue Collection Officers
- Special Collection Officers
- Collection Officers
Deadlines and effectivity
- Issued May 3, 2016
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.