Summary
RMO No. 2-2006 amends RMO No. 7-2005 on Alphanumeric Tax Codes and on the rates and bases of Excise Tax on tobacco and alcohol products.
Key points
- Changes to RMO No. 7-2005. The Order renames, creates and drops certain Alphanumeric Tax Codes. It also revises the rates and bases of Excise Tax on tobacco and alcohol products.
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.
