RMO No. 10-2012: Amends the manner and procedures in the preparation of the Monthly Report of Registration and Remittance of Withholding Taxes (BIR Form W-7) in Revenue District Offices under Revenue Regions with Document Processing Division

Summary

RMO No. 10-2012 amends the manner and procedures for preparing the Monthly Report of Registration and Remittance of Withholding Taxes (BIR Form W-7) in RDOs under Revenue Regions with a Document Processing Division (DPD).

Key points

1. Who prepares the report. The Collection Section of these RDOs accomplishes Schedule B of the W-7 report and the supporting Schedules C to M, following the prescribed guidelines. This lasts until the DPD back-end system that generates reports is in place.
2. Amended guidelines. The Order amends the guidelines and procedures under RMO No. 20-2011 as specified in the Order.
3. Interim encoding. While system-generated reports and scanned returns are not yet accessible in the Integrated Tax System, the Collection Section views images of the tax returns using software from the service provider. It encodes the W-7 information from those images instead of physical copies.
4. No change elsewhere. RDOs under Regional Offices without DPD keep the same manner and procedures.

Who is affected

• RDOs under Revenue Regions with DPD

Deadlines and effectivity

• Covers reports for March 2012 and onwards

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