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RMO No. 36-2004: Establishes the tax base for the computation of the 2% special privilege tax collections by the BIR for the share of the Local Government Units

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Summary

RMO No. 36-2004 establishes the tax base for computing the 2% Special Privilege Tax collections by the BIR for the Local Government Units’ share, and how it is disbursed.

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Key points

  1. Share if in a city. For a mini-hydroelectric power development located in a city, 60% of the 2% Special Privilege Taxes collected accrues to the city and 40% to the National Government.
  2. Share if in a municipality. If located in a municipality, 30% accrues to the municipality, 30% to the province and 40% to the National Government.
  3. Reporting by Revenue District Officers. All Revenue District Officers prepare and submit to the BIR Revenue Accounting Division a report of total 2% Special Privilege Taxes collected 2 years back. It is reported on or before April 30, in time for the proposed annual General Appropriations Act.

Who is affected

  • Mini-hydroelectric power developments
  • Revenue District Officers
  • Local government units

Deadlines and effectivity

  • Collections report: on or before April 30

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

Related issuances (1)

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CitesRMO No. 37-2000

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.