Summary
RMO No. 20-2005 sets policies, guidelines and procedures for mobile payment (M-Payment) as an additional way to pay certain internal revenue taxes.
Key points
- Covered forms. The listed forms are BIR Form Nos. 1700 and 1701 (annual income tax returns), 2000 (documentary stamp tax), the second installment of income tax, 0605 (business registration fee) and 0613 (payment form under the Tax Compliance Verification Drive/Tax Mapping, for TCVD fines and penalties).
- Payment limit and information drive. M-Payment covers payment of taxes not exceeding P 10,000. The Telecommunications Company (TelCo), the Authorized Agent Bank (AAB) and the BIR share responsibility for informing the public.
- Registration and filing. Taxpayers register with the TelCo and file returns at the designated BIR Kiosk or Revenue District Offices (RDOs). For renewal of the registration fee, the accomplished form may be downloaded from the system.
- Where returns are filed. During the income tax filing season, returns may be filed at BIR-designated M-Payment Kiosks during BIR office hours or as the BIR declares. Outside that season, returns are filed at the RDOs.
- Receipts and reports. Taxpayers may print the Payment Confirmation Receipt from www.bir.gov.ph the day after the M-Payment. The TelCo gives the AAB a daily report of all M-Payments not later than 11:00 p.m. of the same day.
Who is affected
- Individual and corporate taxpayers using the listed forms
Deadlines and effectivity
- Payment Confirmation Receipt available the day after payment
- TelCo daily report due not later than 11:00 p.m. same day
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.