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RMO No. 01-2006: Creates, modifies and drops certain Alphanumeric Tax Codes to facilitate the proper identification and monitoring of payments for No Audit Program (NAP), withholding on gross amount of refund given by Meralco and Final Withholding Value-Added Tax imposed on government money payments

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Summary

RMO No. 1-2006 creates, modifies and drops certain Alphanumeric Tax Codes.

Key points

  1. Purpose of the codes. The codes help identify and monitor payments for the No Audit Program (NAP), withholding on the gross amount of refund given by Meralco, and Final Withholding Value-Added Tax imposed on government money payments.

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Related issuances

CitesRR No. 6-2005RR No. 8-2005

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.