RMO No. 80-98: Prescribes the policies and procedures on the transmittal and centralized processing of the Annual Information Return on Income Tax Withheld on Compensation, Expanded and Final Withholding Taxes (BIR Form No. 1743-IR or 1604) and the monthly Remittance Return of Internal Revenue Taxes on Government Money Payments (BIR Form No. 750AV or 1600)

Summary

RMO No. 80-98 sets policies and procedures for the transmittal and centralized processing of BIR Form No. 1743-IR or 1604 and BIR Form No. 750AV or 1600.

Key points

1. Returns covered. The forms are the Annual Information Return on Income Tax Withheld on Compensation, Expanded and Final Withholding Taxes (1743-IR or 1604). The other is the Monthly Remittance Return of Internal Revenue Taxes on Government Money Payments (750AV or 1600).
2. Coverage. The Order covers all unprocessed 1743IR/1604 and 750AV/1600 returns for calendar year 1997 and subsequent years. These are returns filed in Metro Manila Revenue District Offices not yet covered by the Integrated Tax System (ITS), particularly the Tax Reconciliation System.
3. Large taxpayers. Returns filed by large taxpayers are processed by the Large Taxpayers Division.

Who is affected

• Metro Manila Revenue District Offices not yet covered by the ITS
• Large taxpayers

Deadlines and effectivity

• Covers returns for calendar year 1997 and subsequent years

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