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RMO No. 3-2022: Creates the Alphanumeric Tax Code (ATC) for revenue source under RA No. 9505 (PERA Act of 2008)

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Summary

RMO No. 3-2022 creates the Alphanumeric Tax Code (ATC) for the revenue source under RA No. 9505, the Personal Equity and Retirement Account (PERA) Act of 2008.

Key points

  1. New ATC. ATC WI730 covers the total income earned from the time of opening a PERA to its withdrawal. The tax rate is 20%, with RA No. 9505 and RR No. 6-2021 as legal basis, and BIR Form No. 1601-FQ applies.

Who is affected

  • Persons with income from a PERA under RA No. 9505

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

Related issuances

CitesRR No. 6-2021

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.