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RMC No. 76-2006: Circularizes DOF Memorandum authorizing the acceptance of installment payments of taxes on transactions/taxable events at any time prior to the tax payment deadlines

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Summary

RMC No. 76-2006 circularizes a memorandum of Finance Secretary Margarito B. Teves dated November 15, 2006. The memorandum authorizes accepting installment payments of taxes on transactions/taxable events.

Key points

  1. Installment payments allowed. Installment payments of taxes on transactions/taxable events may be accepted at any time before the tax payment deadlines.

Deadlines and effectivity

  • DOF memorandum dated November 15, 2006
  • Circular issued December 28, 2006

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.