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RMO No. 40-99: Institutionalizes the raffle of sales invoices and receipts now dubbed as “Humingi ng Resibo, Milyun-milyon ang Panalo”

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Summary

RMO No. 40-99 institutionalizes the raffle of sales invoices and receipts, now called Humingi ng Resibo, Milyun-milyon ang Panalo.

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Key points

  1. Draws. Two (2) raffle draws, the anniversary draw and the millennium draw, are held for each of the nineteen (19) Revenue Regions. A National Grand Draw is also held.
  2. Schedule and prizes. The schedule of the draws and the prizes are set out in the Order.

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.