RMO No. 34-98: Prescribes the guidelines and procedures to standardize the encoding of taxpayer data

Summary

RMO No. 34-98 sets guidelines and procedures to standardize the encoding of taxpayer data.

Key points

1. Data covered. The Order covers the Taxpayer Identification Number (TIN), business/registered name, taxpayer name and taxpayer’s address.
2. Standard abbreviations. Standard abbreviations are prescribed to keep encoding uniform and to eliminate errors that cause suspension of returns.

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