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RMO No. 42-98: Prescribes the policies, guidelines and procedures on the processing of payment data from Accredited Agent Banks (AABs) under non- computerized RDOs

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Summary

RMO No. 42-98 sets policies, guidelines and procedures for processing payment data from Accredited Agent Banks (AABs) under non-computerized RDOs, using the Limited Bank Data Entry System (LBDES).

Key points

  1. Adoption of modified LBDES. AABs under the 22 non-computerized Metro Manila RDOs adopt the modified LBDES program between June and July, 1998.
  2. Custody of documents. The Administrative Division of the concerned Regional Offices takes custody and safekeeping of LBDES documents transmitted by the Information Systems Operation Service.
  3. Certification requests. The same Division is responsible and accountable for taxpayers’ requests for certification of authenticity.

Who is affected

  • Accredited Agent Banks under the 22 non-computerized Metro Manila RDOs

Deadlines and effectivity

  • Adoption of modified LBDES: between June and July, 1998

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

Related issuances

Cited byRMO No. 20-99RR No. 19-2001

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.