Summary
RMO No. 46-2025 creates Alphanumeric Tax Codes (ATC) for income payments by top withholding agents under RR No. 24-2025.
Key points
- New ATCs. ATCs WI840 and WC840 cover payments to manufacturers and direct importers of motor vehicles in CBU or SKD units, motor vehicle parts and accessories. ATCs WI850 and WC850 cover medicine and pharmaceutical products, and WI860 and WC860 cover solid or liquid fuels and related products.
- Rate and forms. The tax rate is 1/2%. The legal basis is RR No. 24-2025 and the BIR forms are 1601-EQ and 2307.
Who is affected
- Top withholding agents, private corporations or individuals
- Manufacturers and direct importers of motor vehicles, medicine and fuels
Deadlines and effectivity
- Issued October 27, 2025
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.