Summary
RMO No. 33-2008 creates Alphanumeric Tax Codes for income payments on purchases of gold by Bangko Sentral ng Pilipinas from gold miners and suppliers.
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Key points
- New codes. ATC W1632 applies to individuals and ATC WC632 applies to corporate payees.
- Purpose. The codes help identify and monitor the tax payments properly.
Who is affected
- Gold miners and suppliers selling gold to Bangko Sentral ng Pilipinas
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.
