RMO No. 79-98: Prescribes the policies and procedures for the monitoring of taxes arising from land transfer

Key points

1. BIR-LRA Tax Verification System. An electronic linkage between the BIR and the Land Registration Authority (LRA), called the BIR-LRA Tax Verification System (BLTVS), lets the LRA-Registry of Deeds (RD) verify the authenticity of documents presented for land transfers.
2. Checking BIR clearances. The linkage lets the BIR check that all such transfers have corresponding BIR clearances.
3. Registration condition. The LRA-RD will not register any taxable instrument or issue a Transfer Certificate of Title unless the Tax Clearance/Certificate Authorizing Registration presented by the taxpayer is verified with the BIR.

Who is affected

• Taxpayers transferring land
• LRA-Registry of Deeds