2012 Revenue Regulations

No. of Date of Issue

Subject Matter
Issuance

RR No. 1-2012 Requires the mandatory submission of Quarterly Summary List February 20,
of Sales and Purchases by all VAT registered taxpayers 2012
(Published in Manila Bulletin on February 22, 2012)
Digest | Full Text

RR No. 2-2012 Prescribes the tax administration treatment of petroleum and February 20,
petroleum products imported into the Philippines including 2012
those coming in through freeport zones and economic zones
and registration of all storage tanks, facilities, depots and
terminals
(Published in Manila Bulletin on February 22, 2012)
Digest | Full Text

RR No. 3-2012 Prescribes the effectivity of threshold amounts for sale of February 20,
residential lot, sale of house and lot, lease of residential unit and 2012
sale or lease of goods or properties or performance of services
covered by Section 109 (P), (Q) and (V) of the Tax Code of 1997,
as amended
(Published in Manila Bulletin on February 22, 2012)
Digest | Full Text

RR No. 4-2012 Amends RR No. 13-2011 regarding abatement or cancellation of March 28, 2012
internal revenue tax liabilities(Published in Manila Bulletin on
March 30, 2012)
Digest | Full Text

RR No. 5-2012 Establishes the policy on the binding effect of rulings issued April 2, 2012
prior to Tax Reform Act of 1997
(Published in Manila Bulletin on April 4, 2012)
| Full Text

RR No. 6-2012 Clarifies the taxation on the sale of gold and other metallic April 2, 2012
minerals to Bangko Sentral ng Pilipinas and other persons or
entities, amending RR Nos. 2-1998 and 7-2008
(Published in Manila Bulletin on April 4, 2012)
| Full Text
RR No. 7-2012 Amends the consolidated Revenue Regulations on primary April 2, 2012
registration, updates, and cancellation
(Published in Manila Bulletin on April 4, 2012)
| Full Text | Annex A

2011 Revenue Regulations

No. of Date of Issue

Subject Matter
Issuance

RR No. 1- Defines the tax treatment of income earnings and money February 24,
2011 remittances of an Overseas Contract Worker or Overseas 2011
Filipino Worker
(Published in Manila Bulletin on February 26, 2011)
Digest | Full Text

RR No. 2- Prescribes the filing of Income Tax Return and/or Annual March 2, 2011
2011 Information Return by individuals, including estates and
trusts
(Published in Manila Bulletin on March 4, 2011)
Digest | Full Text | Annex A

RR No. 3- Provides the policies, guidelines and procedures on the March 7, 2011
2011 application for change in accounting period
(Published in Manila Bulletin on March 9, 2011)
Digest | Full Text | Annex A | Annex B | Annex C | Annex D
| Annex E | Annex F

RR No. 4- Prescribes the rules on the proper allocation of costs and March 15,
2011 expenses amongst income earnings of banks and other 2011
financial institutions for Income Tax reporting purposes
(Published in Manila Bulletin on March 17, 2011)
Digest | Full Text
RR No. 5- Further amends RR Nos. 2-98 and 3-98, as last amended by March 16,
2011 RR No. 5-2008, with respect to "De Minimis Benefits" 2011
(Published in Manila Bulletin on March 18, 2011)
Digest | Full Text

RR No. 6- Suspends the implementation of RR No. 2-2011 March 16,

2011 (Published in Manila Bulletin on March 18, 2011) 2011
Digest | Full Text

RR No. 7- Prescribes the policies in the tax treatment of campaign June 14, 2011
2011 contributions and expenditures
(Published in Manila Bulletin on June 17, 2011)
Digest | Full Text

RR No. 8- Amends certain provisions under Annex A of RR No. 23- June 21, 2011
2011 2003 relative to the revised tax classification of new brands
of alcohol products and variants thereof
(Published in Manila Bulletin on June 23, 2011)
Digest | Full Text | Annex A

RR No. 9- Amends RR No. 3-2011 relative to the policies, guidelines June 29, 2011
2011 and procedures on the application for change in
accounting period
(Published in Manila Bulletin on July 1, 2011)
Digest | Full Text

RR No. 10- Amends certain provision of RR No. 16-2005, as amended July 7, 2011
2011 by RR No. 4-2007, otherwise known as the "Consolidated
Value-Added Tax Regulations of 2005", as amended
(Published in Manila Bulletin on July 9, 2011)
Digest | Full Text

RR No. 11- Defines gross receipts for Common Carrier's Tax for July 20, 2011
2011 international carriers pursuant to Section 118 of the Tax
Code, amending Section 10 of RR No. 15-2002
(Published in Manila Bulletin on July 22, 2011)
Digest | Full Text
RR No. 12- Prescribes the reportorial requirement for establishments July 25, 2011
2011 leasing or renting out spaces for commercial activities
(Published in Manila Bulletin on July 27, 2011)
Digest | Full Text

RR No. 13- Implements the tax provisions of Republic Act No. 9856, July 25, 2011
2011 otherwise Known as “The Real Estate Investment Trust Act
of 2009”
(Published in Manila Bulletin on July 27, 2011)
Digest | Full Text | Annex A | Annex B | Annex C | Annex D

RR No. 14- Amends certain provision of RR No. 5-2000, as amended, July 29, 2011
2011 prescribing the regulations governing the manner of the
issuance of Tax Credit Certificates and the conditions for
their use, revalidation and transfer
(Published in Manila Bulletin on August 5, 2011)
Digest | Full Text

RR No. 15- Amends Section 5 of Revenue Regulations No. 12-2011 August 31,
2011 (Published in Manila Bulletin on September 2, 2011) 2011
Digest | Full Text

RR No. 16- Increases the amount of threshold amounts for sale of October 28,
2011 residential lot, sale of house and lot, lease of residential 2011
unit and sale or lease of goods or properties or
performance of services covered by Section 109 (P), (Q)
and (V) of the Tax Code of 1997, as amended, thereby
amending certain provisions of RR No. 16-2005, as
amended, otherwise known as the “Consolidated VAT
Regulations of 2005”
(Published in Manila Bulletin on November 2, 2011)
Digest | Full Text

RR No. 17- Implements the tax provisions of Republic Act No. 9505, October 28,
2011 otherwise known as the “Personal Equity and Retirement 2011
Account (PERA) Act of 2008”
(Published in Manila Bulletin on November 2, 2011)
Digest | Full Text
RR No. 18- Provides the penalties for violation of the requirement that November 21,
2011 Output Tax on the sale of goods and services should be 2011
separately indicated in the sales invoice or official receipt
(Published in Manila Bulletin on November 23, 2011)
Digest | Full Text

RR No. 19- Prescribes the new Income Tax forms December 9,

2011 (Published in Manila Bulletin on December 12, 2011) 2011
Digest | Full Text | 1700 | 1701 | 1702

2010 Revenue Regulations

No. of Date of Issue

Subject Matter
Issuance

RR No. 1- Amends further Section 3 of RR No. 9-2001, as amended, January 21,

2010 expanding the coverage of taxpayers required to file 2010
returns and pay taxes through the BIR’s Electronic Filing
and Payment System (eFPS)
(published in Manila Bulletin on January 21, 2010)
Digest | Full Text

RR No. 2- Amends Sections 6 and 7 of RR No. 16-2008 with respect to February 24,
2010 the determination of the Optional Standard Deduction 2010
(OSD) of General Professional Partnerships and the
partners thereof, as well as the manner and period for
making the election to claim OSD in the Income Tax
Returns
(published in Manila Bulletin on February 26, 2010)
Digest | Full Text

RR No. 3- Provides the rationale and guidelines for the submission of February 26,
2010 the Statement of Management Responsibility 2010
(published in Manila Bulletin on February 27, 2010)
Digest | Full Text
RR No. 4- Amends RR No. 11-2006 relative to the accreditation of tax February 26,
2010 practitioners/agents as a prerequisite to their practice or 2010
representation before the Bureau of Internal Revenue
(published in Manila Bulletin on February 27, 2010)
Digest | Full Text

RR No. 5- Amends Sections 3(D) and 12 of RR No. 11-2008 pertaining May 28, 2010
2010 to the issuance of TIN card and transfer of registration
(published in Manila Bulletin on May 29, 2010)
Digest | Full Text

RR No. 6- Amended Republic Act No. 9576 pertaining to regulations June 29, 2010
2010 providing for the policies, guidelines and procedures in the
implementation of the tax subsidy .

RR No. 7- Implementing the tax privileges provisions of Republic Act

2010 No. 9994, otherwise known as “Expanded Senior Citizen
Act of 2010”, and prescribing guidelines for the availment
thereof.

RR No. 8- Amends RR No. 7-2010 implementing the tax privileges September 3,

2010 provisions of RA No. 9994, otherwise known as the 2010
“Expanded Senior Citizens Act of 2010”
(Published in Manila Bulletin on September 7, 2010)
Digest | Full Text

RR No. 9- Provides the policies and guidelines for the abatement of September 13,
2010 surcharges and/or compromise penalties in relation to the 2010
filing of tax returns and payment of taxes under certain
conditions
(Published in Manila Bulletin/Philippine Star on September
15, 2010)
Digest | Full Text | Annex A | Annex B | Annex C | Annex
C-1 | Annex D

RR No. 10- Provides the guidelines relative to the exchange of October 6,

2010 information pursuant to an existing international 2010
convention or agreement on tax matters
(Published in Manila Bulletin on October 8, 2010)
 Digest | Full Text

RR No. 11- Further clarifies the term “Managerial and Technical October 26,
2010 Positions” under RR No. 2-98, as amended and modifies for 2010
this purpose RMC No. 41-09 including guidelines on
availment of the 15% preferential Income Tax rate for
qualified filipino personnel employed by Regional or Area
Headquarters and Regional Operating Headquarters of
multinational companies
(Published in Manila Bulletin on October 28, 2010)
Digest | Full Text | Annex A

RR No. 12- Prescribes the policies, guidelines and procedures in the November 18,
2010 implementation of the tax subsidy to be granted by the 2010
Fiscal Incentives Review Board to the Millennium Challenge
Account-Philippines for the Philippine Compact Program
(Published in Philippine Star on November 20, 2010)
Digest | Full Text

RR No. 13- Prescribes the policies and guidelines in the acceptance of December 10,
2010 late and out-of-district tax returns 2010
(Published in Manila Bulletin on December 13, 2010)
Digest | Full Text | Annex A | Annex A-1 | Annex B | Annex
B-1 | Annex C | Annex C-1 | Annex D

RR No. 14- Amends pertinent provisions of RR Nos. 11-2006 and 4- December 10,
2010 2010 on the accreditation of tax practitioners/agents as a 2010
prerequisite to their practice and representation before
the BIR
(Published in Manila Bulletin on December 13, 2010)
Digest | Full Text

RR No. 15- Amends certain provisions of RR No. 21-2002, as amended, December 10,
2010 authorizing the Commissioner of Internal Revenue to 2010
prescribe additional procedural and/or documentary
requirements in connection with the preparation and
submission of financial statements accompanying the tax
returns
 (Published in Manila Bulletin on December 14 , 2010)
Digest | Full Text

RR No. 16- Prescribes the guidelines, rules and procedures in the filing December 10,
2010 of confidential information and the investigation of cases 2010
arising therefrom
(Published in Manila Bulletin on December 14 , 2010)
Digest | Full Text | Annex A

RR No. 17- Consolidates the regulations implementing RA No. 7646, December 14,
2010 which authorizes the Commissioner of Internal Revenue to 2010
prescribe the place for payment of internal revenue taxes
by large taxpayers, and prescribes the coverage and
criteria for determining large taxpayers
(Published in Manila Bulletin on December 16 , 2010)
Digest | Full Text

2009 Revenue Regulations

No. of Date of Issue

Subject Matter
Issuance

RR No. 1- Prescribes the rules and regulations to implement RA No. February 17,
2009 9442 relative to the tax privileges of persons with disability 2009
and tax incentives for establishments granting sales
discount
(published in Manila Bulletin/Phil.Daily Inquirer on
February 19, 2009)
Digest | Full Text

RR No. 2- Amends further Sections 2.57.2 and 2.58 of Revenue February 26,
2009 Regulations No. 2-98, as amended, subjecting to creditable 2009
withholding tax the interest portion of the refund of meter
deposits by MERALCO and other distribution utilities to
residential and non-residential electricity
consumers/customers
(published in Philippine Star on February 28, 2009)
 Digest | Full Text

RR No. 3- Amends further RR No. 9-2001 by expanding the EFPS March 31,
2009 coverage to include the top 20,000 private corporations 2009
duly identified under RR No. 14-2008
(pubished in Manila Bulletin on April 2, 2009)
Digest | Full Text

RR No. 4- Amends the provisions of Section 24 of Revenue May 6, 2009

2009 Regulations No. 3-2006 pertaining to the allocable share of
the Philippine Health Insurance Corporation and the
Department of Health in the annual incremental revenue
under RA No. 9334
(published in Manila Bulletin on May 8, 2009)
Digest | Full Text

RR No. 5- Reverts the venue for the filing of returns and payment of May 13, 2009
2009 Capital Gains Tax, Creditable Withholding Tax and
Documentary Stamp Tax due on sale, transfer or exchange
of real property of large taxpayers to the place where the
property is located
(published in Manila Bulletin on May 16, 2009)
Digest | Full text

RR No. 6- Amends further pertinent provisions of Revenue July 9, 2009

2009 Regulations No. 2-98, as amended, providing for additional
criteria in the determination of Top 20,000 Private
Corporations, including the threshold on their purchases of
agricultural products and additional transactions subject to
creditable withholding tax on income payments made by
Top 5,000 Individual Taxpayers engaged in trade/business
or practice of profession
(published in Manila Bulletin on July 15, 2009)
Digest | Full Text
RR No. 7- Implements the Electronic Documentary Stamp Tax System October 2,
2009 to replace the Documentary Stamp Tax Electronic 2009
Imprinting Machine
(published in Manila Bulletin on October 6, 2009)
Digest | Full Text

RR No. 8- Amends furtehr Sections 2.57.2 and 2.57.3 of RR No. 2-98, October 23,
2009 as amended, subjecting to Creditable Withholding Tax the 2009
income paymetns made by political parties and candidates
of local and national elections of all their campaign
expenditures and income payments made by an individual
or juridical person forming part of their campaign
contributions to candidates of local and national elections
and to political parties
(published in Philippine Star on October 27, 2009)
Digest | Full Text

RR No. 9- Promulgates the requirements for the maintenance, December 29,

2009 retention and submission of electronic records 2009
(published in Manila Bulletin on December 31, 2009)
Digest | Full Text

RR No. 10- Amends further Sections 2.57.2 and 2.58 of RR No. 2-98, as December 23,
2009 amended, clarifying that sub-paragraph (W) as recently 2009
issued under RR No. 8-2009 should be sub-paragraph (X)
(Published in Manila Bulletin on December 31, 2009)
Digest | Full Text

2008 Revenue Regulations

No. of Date of Issue

Subject Matter
Issuance
RR No. 1- Amends certain provisions of RR No. 10-2006, which February 5,
2008 prescribes the guidelines and conditions for the tax 2008
treatment of Securities Borrowing and Lending
transactions involving shares of stocks or securities listed in
the Philippine Stock Exchange
(published in Manila Bulletin on February 7, 2008)
Digest | Full Text
RR No. 2- Amends certain rules and regulations relative to the February 29,
2008 collection and remittance of taxes paid to Authorized 2008
Agent Banks (AABs) thru Over-the-Counter and Electronic
Filing and Payment System and further amends the
Memorandum of Agreement relative to the accreditation
of the AABs
(published in Manila Bulletin on March 2, 2008)
Digest | Full Text | Annex A | Annex A-1 | Annex A-2
RR No. 3- Amends certain provisions of existing Revenue Regulations March 7, 2008
2008 on the granting of outright Excise Tax exemption on
removal of excisable articles intended for export or
sale/delivery to international carriers or to tax-exempt
entities/agencies and prescribes the provisions for availing
claims for product replenishment
(published in Phil. Daily Inquirer on March 9, 2008)
Digest | Full Text | Annex A | Annex B | Annex C
RR No. 4- Amends the venue for filing of tax returns and payment of April 17, 2008
2008 Capital Gains Tax, Creditable Withholding Tax and
Documentary Stamp Taxes due on onerous transfers of
real propertis owned by taxpayers classified as large
taxpayers
(published in Philippine Star on April 18, 2008)
Digest | Full Text
RR No. 5- Further amends Revenue Regulations (RR) Nos. 2-98 and 3- April 23, 2008
2008 98, as last amended by RR No. 10-2000, with respect to
"De Minimis Benefits"
(published in Manila BUlletin on april 25, 2008)
Digest | Full Text
RR No. 6- Consolidates the regulations prescribing the rules on the May 2, 2008
2008 taxation of sale, barter, exchange or other disposition of
shares of stock held as capital assets
(published in Manila Bulletin on May 5, 2008)
Digest | Full Text
RR No. 7- Prescribes the regulations to govern the taxation on the May 2, 2008
2008 sale to the Bangko Sentral ng Pilipinas of gold and other
metallic mineral products extracted or produced by small-
scale miners and further amends RR No. 2-98, as amended
(published in Manila Bulletin on May 12, 2008)
Digest | Full Text
RR No. 8- Supplements RR No. 09-2004, as amended by RR No. 10- August 29,
2008 2004, by clarifying that the transactions of Bangko Sentral 2008
ng Pilipinas entered into in the exercise of its
governmental/regulatory authority are outside of the
coverage of the Gross Receipts Tax
 (published in Philippine Star on August 30, 2008)
Digest | Full Text

RR No. 9- Prescribes the manner of computing the basis of the 15% September 12,
2008 share of the beneficiary provinces in the Excise Tax 2008
collection from locally manufactured Virginia-type
cigarettes
(published in Philippines Star on September 15, 2008)
Digest | Full Text
RR No. 10- Implements certain provisions of RA No. 9504 entitled "An September 24,
2008 Act Amending Sections 22, 24, 34, 35, 51 and 79 of RA No. 2008
8424, as Amended, Otherwise Known as the National
Internal Revenue Code" relative to the withholding of
Income Tax on compensation and other concerns
(published in Philippine Star on September 25, 2008)
Digest | Full Text | Annex A | Annex B | Annex C | Annex D
| Annex E | Annex F
RR No. 11- Consolidates and updates all existing Revenue Regulations September 24,
2008 on primary registration, its updates and cancellation 2008
(published in Philippine Star on September 26, 2008)
Digest | Full Text

RR No. 12- Prescribes the manner of computing the basis of the 15% September 25,
2008 allocable share of the beneficiary provinces in the Excise 2008
Tax collection from locally manufactured Viginia-type
cigarettes
(published in Philippine Star on September 27, 2008)
Digest | Full Text
RR No. 13- Consolidates regulations on advance Value-Added Tax on October 6,
2008 the sale of refined sugar and amends and/or revokes all 2008
revenue issuances issued to this effect and for other
related purposes
(published in Philippine Star on October 7, 2008)
Digest | Full Text | Annex A-B, E-J | Annex C | Annex D
RR No. 14- Amends further Section 2.57.2(M) of RR No. 2-98, as December 8,
2008 amended, increasing the coverage of withholding tax 2008
agents who are required to withhold 1% from regular
suppliers of goods and 2% from regular suppliers of
services from the top 10,000 to top 20,000 private
corporations
(published in Manila Bulletin on December 10, 2008)
| Full Text
RR No. 15- Prescribes the manner of computing the incremental December 10,
2008 revenue to be used as basis of the 15% share of the 2008
beneficiary provinces producing burley and native tobacco
in the Excise Tax collection from tobacco products under
R.A. No. 8240
(published in Manila BUlletin on December 12, 2008)
| Full Text
RR No. 16- Implements the provisions of Section 34(L) of the Tax Code December 18,
2008 of 1997, as amended by Section 3 of RA No. 9504, dealing 2008
on the Optional Standard Deduction allowed to individuals
and corporations in computing their taxable income
(published in Philippine Star on December 20, 2008)
| Full Text

2007 Revenue Regulations

No. of Date of Issue

Subject Matter
Issuance
RR No. 1- Amends certain provisions of RR No. 4-2006 which January 11,
2007 implements the tax privileges provisions of R.A. No. 9257, 2007
otherwise known as the “Expanded Senior Citizens Act of
2003”
(published in Manila Bulletin on January 12, 2007)
Digest | Full Text
RR No. 2- Amends certain provisions of RR No. 16-2005, otherwise January 11,
2007 known as the Consolidated Value-Added Tax Regulations of 2007
2005
(published in Manila Bulletin on January 12, 2007)
Digest | Full Text
RR No. 3- Provides the policies, guidelines and procedures in the February 14,
2007 implementation of the Expanded One-Time Administrative 2007
Abatement of all penalties/ surcharges and interest on
delinquent accounts and assessments
(published in Phil. Daily Inquirer on February 16, 2007)
Digest | Full Text
RR No. 4- Amends certain provisions of RR No. 16-2005, as amended, March 20,
2007 otherwise known as the Consolidated Value-Added Tax 2007
Regulations of 2005
(published in Manila Bulletin on March 22, 2007)
Digest | Full Text
RR No. 5- Prescribes the guidelines and conditions for the tax May 7, 2007
2007 treatment of Securities Borrowing and Lending (SBL) or
Securities Lending Transactions (SLTs) involving the Fixed-
Income Securities Lending Program of the Philippine
Dealing and Exchange Corporation (PDEx)
(published in Manila Bulletin on May 10, 2007)
Digest | Full Text
RR No. 6- Prescribes the consolidated regulations on advance Value- May 9, 2007
2007 Added Tax on the sale of refined sugar, amending and/or
revoking all revenue issuances issued to this effect, and for
other related purposes
(published in Manila Bulletin on May 11, 2007)
Digest | Full Text | Annex A-E | Annex F-J
RR No. 7- Amends certain provisions of RR No. 21-2002 prescribing August 1, 2007
2007 the manner of compliance with any documentary and/or
procedural requirements in connection with the
preparation and submission of financial statements
accompanying the tax returns
(published in Manila Bulletin on August 12, 2007)
Digest | Full Text
RR No. 8- Prescribes the additional compliance requirements of August 1, 2007
2007 concerned taxpayers in the light of mandatory adoption of
the Philippine Financial Reporting Standards
(published in Manila Bulletin on August 3, 2007)
Digest | Full Text
RR No. 9- Prescribes the updated minimum monthly/quarterly gross August 1, 2007
2007 receipts in computing the Percentage Tax of domestic
carriers and keepers of garages
(published in Philippine Daily inquirer on August 3, 2007)
Digest | Full Text
RR No. 10- Amends further Section 3 of RR No. 9-2001 expanding the August 1, 2007
2007 coverage of taxpayers required to file returns and pay
taxes through the Electronic Filing and Payment System
(published in Philippine Star on August 3, 2007)
Digest | Full Text
RR No. 11- Suspends the implementation of Revenue Regulations No. August 28,
2007 6-2007 entitled “Consolidated Regulations on Advance 2007
Value-Added Tax on the Sale of Refined Sugar, Amending
and/or Revoking All Revenue Issuances Issued to this
Effect, and for Other Related Purposes”
(published in Manila Bulletin on August 29, 2007)
Digest | Full Text
RR No. 12- Amends certain provisions of Revenue Regulations No. 9- October 17,
2007 98 relative to the due date within which to pay Minimum 2007
Corporate Income Tax imposed on domestic corporations
and resident foreign corporations
(published in Manila Bulletin on Oct. 19, 2007 )
Digest | Full Text
RR No. 13- Prescribes the policies and procedures for the advance December 5,
2007 payment of Value-Added Tax/Percentage Tax on the 2007
transport of naturally grown planted timber products
(published in Philippine Daily Inquirer on Dec. 7, 2007)
Digest | Full Text | Annex A
RR No. 14- Clarifies the tax treatment of microfinance services December 12,
2007 rendered by Non-Governmental Organizations and 2007
cooperatives
(published in Manila Bulletin on Dec. 14, 2007)
Digest | Full Text
RR No. 15- Allows the abatement of penalties/surcharges and interest December 28,
2007 on disputed/litigated assessments 2007
(published in Manila Bulletin on Dec. 29, 2007)
Digest | Full Text | Annex A | Annex B

2006 Revenue Regulations

No. of Date of Issue

Subject Matter
Issuance
RR No. 1- Amends Revenue Regulations No. 2-98, as amended, January 5,
2006 relative to the withholding of Income Tax on compensation 2006
income received by minimum wage earners
(published in Manila Bulletin on January 9, 2006)
Digest | Full Text
RR No. 2- Prescribes the mandatory attachments of the Summary January 5,
2006 Alphalist of Withholding Agents of Income Payments 2006
Subjected to Tax Withheld at Source to tax returns with
claimed tax credits due to Creditable Tax Withheld at
Source and of the Monthly Alphalist of Payees whose
income received have been subjected to withholding tax to
the withholding tax remittance return filed by the
withholding agent/payor of income payments
(published in Manila Bulletin on January 9, 2006)
Digest | Full Text | Annex A | Annex B
RR No. 3- Prescribes the implementing guidelines on the revised tax January 5,
2006 rates on alcohol and tobacco products pursuant to the 2006
provisions of Republic Act No. 9334, and clarifies certain
provisions of existing Revenue Regulations relative thereto
(published in Manila Bulletin on January 9, 2006)
Digest | Full Text
RR No. 4- Implements the tax privileges provisions of RA No. 9257, February 21,
2006 otherwise known as the “Expanded Senior Citizens Act of 2006
2003” and prescribes the guidelines for the availment
thereof
(published in Manila Bulletin on February 23, 2006)

Digest | Full Text

RR No. 5- Lifts the temporary deferment of the implementation of March 30,
2006 Revenue Regulations No. 17-2005 2006
(published in Manila bulletin on April 1, 2006)
Digest | Full Text

RR No. 6- Regulates the use of functional currency other than the May 2, 2006
2006 Philippine peso in financial statements that will be
submitted and in the books of accounts that will be
maintained for internal revenue tax purposes
(published in Manila Bulletin on May 3, 2006)
Digest | Full Text
RR No. 7- Further amends certain provision of RR No. 6-2005 June 16, 2006
2006 pertaining to the deadline in the filing of the No Audit
Program (NAP) Participation Form
(published in Manila Bulletin June 17, 2006)
Digest | Full Text
RR No. 8- Prescribes the implementing guidelines on the taxation July 10, 2006
2006 and monitoring of the bioethanol-blended gasoline (E-
gasoline) and the raw materials used in the production
thereof pursuant to the Fuel Bioethanol Program of the
Department of Energy
(published in Philippine Star on July 12, 2006)
Digest | Full Text | Annex A | Annex B | Annex C
RR No. 9- Further amends certain provisions of RR No. 6-2005, as July 11, 2006
2006 amended, implementing the “No Audit Program (NAP)”
(published in Philippine Daily Inquirer on July 13, 2006)
Digest | Full Text
RR No. 10- Prescribes the guidelines and conditions for the tax July 17, 2006
2006 treatment of securities borrowing and lending transactions
involving shares of stocks or securities listed in the
Philippine Stock Exchange
(published in Manila Bulletin on July 19, 2006)
Digest | Full Text | Appendix A | Appendix B | Appendix C |
Appendix D-1 | Appendix D-2 | Appendix E | Appendix F
RR No. 11- Promulgates the consolidated Regulations on the July 21, 2006
2006 accreditation of tax practitioners/agents as a prerequisite
to their practice or representation before the BIR and
further simplifying and superseding RR No. 15-99
(published in Philippine Star on July 24, 2006)
Digest | Full Text
RR No. 12- Promulgates the rules and regulations implementing the July 21, 2006
2006 tax subsidy granted by the Fiscal Incentives Review Board
to the Philippine National Police Service Store System
(published in Manila Bulletin on July 24, 2006)
Digest | Full Text
RR No. 13- Amends sub-paragraph 3.3 of RR No. 4-2005 pertaining to August 31,
2006 financial statements acceptable to the BIR 2006
(published in Philippine Daily Inquirer on Sept. 5, 2006)
Digest | Full Text

RR No. 14- Provides the revised implementing rules for EO No. 399, as September 1,
2006 amended by EO No. 422, directing the BIR to establish the 2006
“No Audit Program” for the purpose of enhancing tax
compliance and increasing tax collections with extensions
of the deadline for availment thereof
(published in Philippine Daily Inquirer on Sept. 5, 2006)
Digest | Full Text
RR No. 15- Prescribes the guidelines on the implementation of one- September 27,
2006 time administrative abatement of all penalties/surcharges 2006
and interest on delinquent accounts and assessments
(preliminary or final, disputed or not) as of June 30, 2006
(published in Philippine Star on Sept. 28, 2006)
Digest | Full Text
RR No. 16- Prescribes the submission by taxpayers of electronic books October 20,
2006 of accounts and other accounting records in the course of a 2006
tax audit/investigation
(published in Philippine Star on Oct. 21, 2006)
Digest | Full Text
RR No. 17- Prescribes the rules on the accreditation, registration and October 20,
2006 use of Taximeter Issuing Receipts (TIR) Systems and/or 2006
models and other similar types of machines generating
official receipts
(published in Manila Bulletin on Oct. 23, 2006)
Digest | Full Text
RR No. 18- Prescribes the policies, procedures and guidelines in the November 14,
2006 implementation of the Improved Voluntary Assessment 2006
Program (IVAP) for Taxable Year 2005 and prior years
under certain conditions
(published in Manila Bulletin on Nov. 15, 2006)
Digest | Full Text

2005 Revenue Regulations

No. of Date of Issue

Subject Matter
Issuance
RR No. 1- Amends further pertinent provisions of RR Nos. 7-95 and 8- February 11,
2005 2002 relative to transactions exempt from VAT and the 2005
submission of Quarterly Summary List of Sales and
Purchases
(published in Manila Standard on Feb. 18, 2005)
Digest | Full Text
RR No. 2- Implements relevant provisions of Republic Act Nos. 7227, February 15,
2005 7916, 7903 and 7922 otherwise known as "Bases 2005
Conversion and Development Act of 1992," "Special
Economic Zone Act of 1995," "Zamboanga City Special
Economic Zone Act of 1995" and "Cagayan Special
Economic Zone Act of 1995" respectively
(published in Manila Times on Feb. 18, 2005)
Digest | Full Text
RR No. 3- Prescribes the rules and regulations implementing EO No. February 17,
2005 398 and requiring timely and complete payment of taxes as 2005
a pre-condition for entering into and as a continuing
obligation in contracts with government
(published in Manila Standard on Feb. 19, 2005)
Digest | Full Text | EO No. 398
RR No. 4- Prescribes the rules and regulations implementing Bangko February 17,
2005 Sentral ng Pilipinas Circular No. 472, Series 2005 requiring 2005
all bank borrowers and co-makers to submit latest Income
Tax Return and Financial Statement received by BIR
(published in Daily Tribune on Feb. 19, 2005)
 Digest | Full Text | BSP Revised Circular No. 472, S 2005

RR No. 5- Prescribes the monthly submission of sales report and February 17,
2005 other information generated by Cash Register Machines 2005
(CRMs) and Point of Sales Machines (POS) and/or any
machine sales generating receipt/invoice registered with
the BIR
(published in Daily Tribune on Feb. 19, 2005)
Digest | Full Text
RR No. 6- Provides the implementing rules for EO No. 399 directing March 7, 2005
2005 the BIR to establish the "No Audit Program" (NAP) to
enhance tax compliance and increase tax collections
(published in Manila Bulletin on March 9, 2005)
Digest | Full Text
RR No. 7- Amends pertinent provisions of Revenue Regulations No. April 11, 2005
2005 4-2000 by providing a new format for the Notice to the
Public to be exhibited at place of business
(published in Manila Bulletin on April 14, 2005)
Digest | Full Text
RR No. 8- Amends further pertinent provisions of Revenue May 10, 2005
2005 Regulations Nos. 2-98 and 3-2004 which provides for the
inclusion to income payments subject to Creditable
Withholding Tax the Manila Electric Company refund to
customers
(published in Manila Bulletin on May 19, 2005)

Digest | Full Text | Annex A

RR No. 9- Amends pertinent provisions of Revenue Regulations No. May 10, 2005
2005 06-04 relative to the tax exemptions and privileges granted
under Republic Act No. 9182, otherwise known as “The
Special Purpose Vehicle Act of 2002”
(published in Manila Bulletin on June 1, 2005)
Digest | Full Text
RR No. 10- Amends certain provisions of Revenue Regulations No. 6- May 30, 2005
2005 2005 (No Audit Program) resulting from the amendment of
EO No. 399
(published in Manila Bulletin on June 1, 2005)
Digest | Full Text
RR No. 11- Defines “Gross Income Earned” to implement the tax June 23, 2005
2005 incentive provision of Republic Act No. 7916, otherwise
known as “The Special Economic Zone Act of 1995”
(published in Philippine Star on June 25, 2005)
Digest | Full Text
RR No. 12- Defines “Gross Income” to implement the tax incentive June 23, 2005
2005 provision of Republic Act No. 7922, otherwise known as
“Cagayan Special Economic Zone Act of 1995” and of
Republic Act No. 7903, otherwise known as “Zamboanga
City Special Economic Zone Act of 1995”
(published in Philippine Star on June 25, 2005)
Digest | Full Text
RR No. 13- Defines “Gross Income Earned” to implement the tax June 23, 2005
2005 incentive provision of Republic Act No. 7227, otherwise
known as “The Bases Conversion Development Act of
1992”
(published in Philippine Star on June 25, 2005)
Digest | Full Text
RR No. 14- Implements Title IV of the Tax Code by prescribing the June 28, 2005
2005 Consolidated Value-Added Tax Regulations of 2005
(published in Manila Bulletin on June 29, 2005)
Digest | Full Text

RR No. 15- Provides policies and guidelines for the abatement of July 7, 2005
2005 surcharges in relation to the filing of amended tax
returns under certain conditions
(published in Manila Bulletin and Philippine Star on July 8,
2005)
Digest | Full Text
RR No. 16- Prescribes the Consolidated Value-Added Tax Regulations October 19,
2005 of 2005 superseding RR No. 14-2005 2005
(published in Manila Times on Oct. 21, 2005)
Digest | Full Text

RR No. 17- Provides the policies, guidelines and procedures in the October 19,
2005 implementation of the tax subsidy granted by the Fiscal 2005
Incentives Review Board to the Bases Conversion and
Development Authority for the Subic-Clark-Tarlac
Expressway Project
(published in Manila Bulletin on Oct. 21, 2005)
Digest | Full Text
RR No. 18- Provides the policies, procedures and guidelines in the November 11,
2005 implementation of the Enhanced Voluntary Assessment 2005
Program (EVAP) for taxable year 2004 and prior years
under certain conditions
(published in Manila Bulletin on Nov. 12, 2005)
Digest | Full Text
RR No. 19- Temporarily defers until further notice the implementation November 15,
2005 of RR No. 17-2005 relative to the implementation of the 2005
tax subsidy granted by the FIRB to the Bases Conversion
Development Authority for the Subic-Clark-Tarlac
Expressway Project
(published in Manila Bulletin on Nov. 18, 2005)
Digest | Full Text

2004 Revenue Regulations

No. of Date of Issue

Subject Matter
Issuance
RR No. 1- Amends further portions of RR No. 2-98, as amended, January 20,
2004 exempting marginal income earners from Creditable 2004
Withholding Tax on payments made by hotels, restaurants,
resorts, caterers, food processors, canneries,
supermarkets, livestock, poultry, fish and marine product
dealers, hardwares, factories, furniture shops, and all other
establishments
(published in Manila times on Jan. 22, 2004)
Digest | Full Text
RR No. 2- Further enhances the rules on the advance payment of February 26,
2004 VAT on the sale of refined sugar 2004
(published in Manila Standard on Feb. 28, 2004)
Digest | Full Text

RR No. 3- Suspends the implementation of withholding tax on March 12,

2004 income payments made to suppliers of agricultural 2004
products
(published in Manila Standard on March 17, 2004)
Digest | Full Text
RR No. 4- Supplements the rules on the advance payment of Value- March 26,
2004 Added Tax on sale of refined sugar 2004
(published in Taliba on March 31, 2004)
Digest | Full Text
RR No. 5- Provides for additional tax returns/forms which shall be May 14, 2004
2004 filed thru the eFPS, as well as expands the coverage and
revises the requirements for eFPS enrollment
(published in Manila Bulletin on May 22, 2004)
Digest | Full Text
RR No. 6- Implements the tax exemptions and privileges granted May 14, 2004
2004 under RA No. 9182, otherwise known as the "Special
Purpose Vehicle Act of 2002"
(published in Manila Bulletin on May 22, 2004)
Digest | Full Text
RR No. 7- Excludes medical services rendered by doctors of medicine May 21, 2004
2004 duly registered with the PRC and services rendered by
lawyers duly registered with the IBP from the Value-Added
Tax
(published in Phiippine Star on May 28, 2004)
Digest | Full Text
RR No. 8- Supersedes RR No. 7-2001 and RR No. 30-2002 relative to May 21, 2004
2004 the compromise settlement of internal revenue tax
liabilities
(published in Philippine Star on may 28, 2004)
Digest | Full Text
RR No. 9- Implements certain provisions of Republic Act No. 9238, June 25, 2004
2004 re-imposing the gross receipts tax on banks and non-bank
financial intermediaries performing quasi-banking
functions and other non-bank financial intermediaries
beginning January 1, 2004
(published in Manila Standard on July 1, 2004)
Digest | Full Text
RR No. 10- Reimposes the Gross Receipts Tax on other non-bank November 23,
2004 financial intermediaries, which includes pawnshops, 2004
beginning January 1, 2004
(published in Manila Standard on Nov. 25, 2004)
Digest | Full Text
RR No. 11- Prescribes the rules and regulations on the accreditation, December 21,
2004 registration and use of Cash Register Machines, Point-of- 2004
Sale Machines and/or Business Machines Generating
Receipts/Invoices
(published in Manila times on Jan. 20, 2005)
Digest | Full Text | Annex A | Annex B | Annex C
RR No. 12- Provides the revised tax rates on alcohol and tobacco December 29,
2004 products introduced on or before December 31, 1996, and 2004
those enumerated under RR Nos. 22-2003 and 23-2003
(published in Manila Standard on Dec. 31, 2004)
Digest | Full Text
RR No. 13- Implements Republic Act No. 9243, otherwise known as December 29,
2004 "An Act Rationalizing the Provisions on the Documentary 2004
Stamp Tax of the National Internal Revenue Code of 1997,
as Amended, and for Other Purposes"
(published in Manila Standard on Dec. 31, 2004)
Digest | Full Text

2003 Revenue Regulations

No. of Date of Issue

Subject Matter
Issuance
RR No. 1- Imposes Value-Added Tax (VAT) on sale of services by January 7,
2003 persons engaged in the practice of profession or calling 2003
and professional services rendered by general professional
partnerships; services rendered by actors, actresses,
talents, singers and emcees; radio and television
broadcasters and choreographers; musical, radio, movie,
television and stage directors; and professional athletes, as
well as services rendered by customs, real estate, stock,
immigration and commercial brokers, beginning January 1,
2003
(published in Phil. Daily Inquirer on Jan. 8, 2003)
Digest | Full Text
RR No. 2- Consolidates all Revenue Regulations issued on Estate Tax January 17,
2003 and Donor's Tax, incorporating the amendments 2003
introduced by the Tax Reform Act of 1997
(published in Philippine Star on Jan. 18, 2003)
Digest | Full Text
RR No. 3- Extends the deadline for registration and other compliance January 29,
2003 requirements during the transitory period of the 2003
imposition of Value-Added Tax (VAT) on sale of services by
persons engaged in the practice of profession or calling
professional services rendered by general professional
partnerships; services rendered by actors, actresses,
talents, singers and emcees; radio and television
broadcasters and choreographers; musical, radio, movie,
television and stage directors; and professional athletes, as
well as services rendered by customs, real estate, stock,
immigration and commercial brokers, beginning January 1,
2003
(published in Manila Bulletin on Jan. 30, 2003)
Digest | Full Text
RR No. 4- Amends certain sections of RR No 14-97, as amended, January 30,
2003 otherwise known as the Revenue Regulations governing 2003
the imposition of excise tax on automobiles
(published in Phil. Daily Inquirer on Feb. 1, 2003)
Digest | Full Text
RR No. 6- Amends Section 4 of RR No. 17-2002 relative to the February 10,
2003 authority of the Commissioner of Internal revenue to 2003
delegate the review and evaluation of the VAAP availments
(published in Manila Bulletin On Feb. 11, 2003)
Digest | Full Text
RR No. 7- Provides guidelines in determining whether a particular February 11,
2003 real property is a capital asset or an ordinary asset for 2003
purposes of imposing Capital Gains Tax, or the ordinary
Income Tax, or the Minimum Corporate Income Tax (MCIT)
(published in Manila Bulltein on Feb. 13, 2003)
Digest | Full Text
RR No. 8- Defers the implementation of the amendatory provisions February 19,
2003 introduced by RR No. 4-2003 until March 31,2003, except 2003
for the compliance requirements provided in the transitory
provisions of the RR
(published in Phil. Daily Inquirer on Feb. 20, 2003)
Digest | Full Text
RR No. 9- Amends certain provisions of RR No. 1-97 and RR No. 2-97 February 26,
2003 relative to the excise taxation of alcohol products, cigars 2003
and cigarettes for the purpose of prescribing the rules and
procedures to be observed in the establishment of the
current net retail price of new brands and variants of new
brands of alcohol and tobacco products
(published in Manila Bulletin on February 27, 2003)
Digest | Full Text
RR No. 10- Implements the tax incentives provisions of Republic Act March 4, 2003
2003 No. 8525, otherwise known as the "Adopt-a-School Act of
1998"
(published in Philippine Star on March 5, 2003)
Digest | Full Text
RR No. 11- Extends further the deadline for registration and other March 4, 2003
2003 compliance requirements during the transitory period of
the imposition of Value-Added Tax (VAT) on sale of services
by professionals and brokers
(published in Philippine Star on March 5, 2003)
Digest | Full Text
RR No. 12- Amends certain provisions of RR No. 18-99 which governs March 11,
2003 the imposition of VAT on services of banks, non-bank 2003
financial intermediaries and finance companies beginning
January 1, 2003
(published in Manila Bulletin on March 12, 2003)

Digest | Full Text

RR No. 13- Further defers the implementation of RR No. 4-2003, as March 27,
2003 amended, until May 18, 2003 2003
(published in Phil. Daily Inquirer on March 29, 2003)
Digest | Full Text

RR No. 14- Amends RR No. 2-98 to simplify the collection of tax April 3, 2003
2003 through withholding at source on sales of goods or services
subject to the 3% Percentage Tax and/or the Value-Added
Tax
(published in Manila Bulletin on April 4, 2003)
Digest | Full Text | Annex A | Annex B | Annex C | Annex D
| Annex E | Annex F
RR No. 15- Grants taxpayers with accounting period ended December April 16, 2003
2003 31, 2002 an extension of time up to April 21, 2003 within
which to file their Income Tax returns
(published in Manila Bulletin on April 17, 2003)
Digest | Full Text
RR No. 16- Imposes advance payment of Value-Added Tax or April 29, 2003
2003 Percentage Tax and of Income Tax on operators of
"privilege stores" (or "tiangges"), as well as prescribes the
tax obligations of organizers or exhibitors of space for the
operation of "privilege stores"
(published in Philippine Star on April 30, 2003)
Digest | Full Text
RR No. 17- Amends further pertinent provisions of RR Nos. 2-98, 8-98 May 6, 2003
2003 and 13-99, as amended, by providing for additional
transactions subject to Creditable Withholding Tax and re-
establishing the policy that the Capital Gains Tax on the
sale, exchange or other disposition of real property
classified as capital assets shall be collected as a Final
Withholding Tax
(published in Manila Bulletin on May 8, 2003)
Digest | Full Text
RR No. 18- Defers until June 8, 2003 the implementation of RR No. 4- May 15, 2003
2003 2003, which pertains to the imposition of Excise Tax on
automobiles
(published in Phil. Daily Inquirer on May 17, 2003)
Digest | Full Text
RR No. 19- Defers the implementation of the amendatory provisions June 9, 2003
2003 introduced by RR No. 4-2003 until September 8, 2003
(published in Philippine Star on June 11, 2003)
Digest | Full Text

RR No. 20- Amends certain provisions of RR No. 18-99, as amended by June 27, 2003
2003 RR No. 12-2003, governing the imposition of VAT on
services of banks, non-bank financial intermediaries and
finance companies
(published in Manila Bulletin on June 28, 2003)
Digest | Full Text
RR No. 21- Further amends the Transitory Provisions of RR No. 4-2003, July 18, 2003
2003 which pertains to the deadlines of submission of inventory
list and inventory taking of automobiles
(published in Manila Bulletin on July 22, 2003)
Digest | Full Text
RR No. 22- Implements the revised tax classification of new brands of August 13,
2003 cigarettes and variants thereof based on the current net 2003
retail prices
(published in Philippine Star on Aug. 16, 2003)
Digest | Full Text | Annex A
RR No. 23- Prescribes the revised tax classification of new brands of August 28,
2003 alcohol products, including variants thereof based on the 2003
current net retail prices
(published in Manila Bulletin on Aug. 30, 2003)
Digest | Full Text | Annex A
RR No. 24- Amends RR No. 16-2003 relative to the taxation of Privilege August 29,
2003 Stores. 2003
(published in Manila Standard on Sept. 4, 2003)
Digest | Full Text

RR No. 25- Amends the Revenue Regulations governing the imposition September 16,
2003 of Excise Tax on automobiles pursuant to the provisions of 2003
Republic Act No. 9224.
(published in Manila Times on Sept. 18, 2003)
Digest | Full Text
RR No. 26- Modifies the procedures of registering manually-printed October 7,
2003 receipts or sales/commercial invoices prior to their use. 2003
(published in Manila Times on Oct. 10, 2003)
Digest | Full Text | Annex A | Annex B

RR No. 27- Amends the transitory provisions of RR No. 18-99 October 9,

2003 pertaining to the deadline for the usage of properly 2003
stamped unused non-VAT invoices or receipts.
(published in Manila Times on Oct. 10, 2003)
Digest | Full Text
RR No. 28- Amends portions of RR Nos. 2-98 and 4-2002 relative to November 20,
2003 the issuance of Certificate of Value-Added Tax Withheld at 2003
Source on certain income payments made by the Bureau of
Treasury.
(published in Manila Times on Nov. 25, 2003)

Digest | Full Text

RR No. 29- Prescribes the policies and procedures for the advance December 1,
2003 payment of VAT on the sale of flour. 2003
(published in Manila Times on Dec. 2, 2003)
Digest | Full Text

RR No. 30- Amends further pertinent portions of RR Nos. 2-98 and 8- December 15,
2003 98, as amended, providing withholding as a mode of 2003
remitting final Capital Gains Tax on the sale of real
property classified as capital assets by non-resident aliens,
increasing the withholding tax rates on certain income
payments, inclusion of non-food products in the coverage
of expanded withholding tax, providing sanctions to payees
who refuse the withholding of tax on their
income/receipts, and for other purposes.
(published in Manila Bulletin on Dec. 16, 2003)
Digest | Full Text
RR No. 31- Prescribes the policies, guidelines and procedures in the December 18,
2003 implementation of the tax subsidy granted by the Fiscal 2003
Incentives Review Board to the Armed Forces of the
Philippines Commissary and Exchange Service.
(published in Manila times on Dec. 20, 2003)
Digest | Full Text

2002 Revenue Regulations

 No. of Date of Issue
Subject Matter
Issuance
RR No. 1- Prescribes the use of new Excise Tax return forms March 27,
2002 (published in Manila Bulletin on March 28, 2002) 2002
Digest | Full Text

RR No. 2- Amends the coverage of the Electronic Filing and Payment March 27,
2002 System (EFPS) by making it mandatory for large taxpayers 2002
and optional for certain identified non-large taxpayers to
avail of the EFPS in the filing of their tax returns and the
payment of taxes due thereon
(published in Manila Bulletin on March 28, 2002)
Digest | Full Text
RR No. 3- Amends certain provisions of RR No. 2-98, as amended, March 27,
2002 relative to the submission of the Alphabetical Lists of 2002
Employees/Payees in diskette form and the substituted
filing of Income Tax returns of payees/employees receiving
purely compensation income from only one employer for
one taxable year whose tax due is equal to tax withheld
and individual-payees whose compensation income is
subject to Final Withholding Tax
(published in Manila Bulletin on March 28, 2002)
Digest | Full Text | Annex B
RR No. 4- Amends the due dates for the filing/issuance of certain BIR April 5, 2002
2002 tax returns/forms, clarifies the form type to be used on
certain transactions, and prescribes certain attachments to
returns filed
(published in Manila Bulletin on April 7, 2002)
Digest | Full Text
RR No. 5- Prescribes the establishment of electronic linkage with May 27, 2002
2002 excise establishment
(published in Manila Bulletin on May 29, 2002)
Digest | Full Text

RR No. 6- Withdraws the privileges, incentives and benefits of June 5, 2002

2002 taxpayers, including that of the last priority in audit, under
Revenue Regulations No. 3-90
(published in Philippine Star on June 21, 2002)
Digest | Full Text
RR No. 7- Rationalizes the issuance of permits by the Bureau of June 24, 2002
2002 Internal Revenue to establisments subject to Excise Tax
(published in Phil. Daily Inquirer on June 27, 2002)
Digest | Full Text

RR No. 8- Amends further pertinent provisions of RR No 7-95 relative June 24, 2002
2002 to the time of filing of Quarterly VAT returns; contents and
submission of Quarterly Total Monthly Sales and Purchases
per supplier or customer, and provides for the penalties
and effect of non-submission thereof; and clarifies further
the mode of remittance of VAT due from non-residents
(published in Phil. Daily Inquirer on June 27, 2002)
Digest | Full Text | Attachment 2550 front | Attachment
2550 back
RR No. 9- Amends pertinent provisions of RR Nos. 9-2001 and 1-98 July 5, 2002
2002 relative to the filing of tax returns and payment of taxes
thru the Electronic Filing and Payment System (EFPS)
(published in Manila Bulletin on July 10, 2002)
Digest | Full Text
RR No.10- Authorizes the imposition of a ceiling on entertainment, July 18, 2002
2002 amusement and recreational expenses
(published in Philippine Star on July 24, 2002)
Digest | Full Text

RR No.11- Extends the deadline for the submission of the Application August 8, 2002
2002 for Revalidation of Issued Permits to establishments
subject to Excise Tax as well as provides for appeals
mechanism in the revalidation process
(published in Manila Bulletin on Aug. 16, 2002)
Digest | Full Text
RR No.12- Provides the policies, procedures and guidelines in the September 12,
2002 implementation of the Voluntary Assessment and 2002
Abatement Program (VAAP) for taxpayers with
underdeclared sales/receipts/income for the calendar and
fiscal years 2000, and 2001, and the first and second
quarter ending June 30, 2002, pursuant to the RELIEF
Program of the Bureau of Internal Revenue, and the
consequences for non-availment thereof
(published in Phil. Daily Inquirer, Phil. Star and Manila
Bulletin on Sept. 13, 2002)
Digest | Full Text
 RR No.13- Amends further RR No. 9-90 which implements the tax September 13,
2002 subsidy granted to the Armed Forces of the Philippines 2002
Commissary and Exchange Service (AFPCES)
(published in Philippine Star on Sept. 18, 2002)
Digest | Full Text
RR No.14- Amends further pertinent provisions of RR No. 2-98 by September 13,
2002 providing for additional income payments to be subjected 2002
to withholding tax and clarifying pertinent provisions in
relation thereto
(published in Manila Bulletin on Sept. 14, 2002)
Digest | Full Text
RR No.15- Governs the imposition of Income Tax on the Gross October 7,
2002 Philippine Billings, other income of International Air 2002
Carriers and Common Carrier's Tax, as well as the manner
of claiming deductions on travel expenses and freight
charges incurred
(published in Manila Bulletin on Oct. 11, 2002)
Digest | Full Text
RR No.16- Amends the provisions relative to the acceptable modes of October 14,
2002 and procedures for payment of internal revenue taxes 2002
coursed through Authorized Agent Banks
(published in Manila Bulletin and Phil. Daily Inquirer on Oct.
15, 2002)
Digest | Full Text
RR No.16-A- Prescribes November 19, 2002 as the effectivity date of RR November 7,
2002 No. 16-2002 relative to the modes of and procedures for 2002
the payment of internal revenue taxes through Authorized
Agent Banks
(published in Phil. Daily Inquirer on Nov. 11, 2002)
Digest | Full Text
RR No.17- Expands the coverage of the Voluntary Assessment and October 16,
2002 Abatement Program (VAAP) to include other taxes and 2002
taxable periods not covered under RR No. 12-2002
(published in Philippine Star on Oct. 18, 2002)
Digest | Full Text
RR No.18- Amends certain provisions of RR Nos. 12-2002 and 17-2002 November 15,
2002 relative to the implementation of the Voluntary 2002
Assessment and Abatement Program (VAAP)
(published in Philippine Star on Nov. 18, 2002)
Digest | Full Text
RR No.19- Amends RR No. 3-2002 and further amends RR No. 2-98 November 25,
2002 relative to the substituted filing of Income Tax return of 2002
employees receiving purely compensation income from
only one employer for one taxable year whose tax due is
equal to tax withheld and individual-payees whose
compensation income is subject to Final Withholding Tax
(published in Phil. Daily Inquirer on Nov. 26, 2002)
Digest | Full Text
RR No.20- Clarifies the tax treatment of income earned from November 25,
2002 unregistered activities by enterprises registered under the 2002
Bases Conversion and Development Act of 1992 and the
Philippine Economic Zone Act of 1995
(published in Phil. Daily Inquirer on Nov. 26, 2002)
Digest | Full Text
RR No.21- Prescribes the manner of compliance with any November 26,
2002 documentary and/or procedural requirements in 2002
connection with the preparation and submission of
financial statements accompanying the tax returns
(published in Philippine Star on Nov. 28, 2002)
Digest | Full Text
RR No.22- Prescribes the rules in the sale or disposition of real estate November 29,
2002 obtained by the government in payment of taxes, penalties 2002
or costs arising under Section 216 of the Tax Code
(published in Manila Bulletin on Dec. 1, 2002)
Digest | Full Text
RR No.23- Extends further the deadline for the availment of the December 2,
2002 Voluntary Assessment and Abatement Program (VAAP) 2002
until December 16, 2002 as well as amends certain
provisions relative to its coverage and rates
(published in Philippine Star on Dec. 3, 2002)

Digest | Full Text

RR No.24- Prescribes the information to be periodically required or December 16,
2002 obtained by the Commissioner of Internal Revenue relative 2002
to the registration/recording of transfers of real properties
with the Register of Deed/Assessors, as well as provides for
the manner of issuance of Certificate Authorizing
Registration
(published in Manila Bulletin on Dec. 17, 2002)
Digest | Full Text
 RR No.25- Amends RR No. 5-99 relative to the requirements for December 16,
2002 deductibility of bad debts from gross income 2002
(published in Manila Bulletin on Dec. 17, 2002)
Digest | Full Text

RR No.26- Amends further RR No. 9-2001, as amended, by providing December 19,

2002 for the staggered filing of returns of taxpayers enrolled in 2002
the Electronic Filing and Payment System based on
industry classification
(published in Manila Bulletin on Dec. 20, 2002)
Digest | Full Text
RR No.27- Amends RR No. 1-2000 further implementing R.A. No. December 19,
2002 8748, entitled "An Act Amending R.A. No. 7916, otherwise 2002
known as the Special Economic Zone Act of 1995"
(published in Phil. Daily Inquirer on Dec. 20, 2002)
Digest | Full Text
RR No.28- Extends further the period for the availment of the VAAP December 20,
2002 until October 31, 2003, subject to the imposition of a 2002
progressively increasing additional penalty every month
(published in Philippine Star on Dec. 22, 2002)
Digest | Full Text
RR No.29- Prescribes the updated policies and procedures for the December 20,
2002 advance payment of Value-Added Tax (VAT) on sale of 2002
refined sugar
(published in Philippine Star on Dec. 22, 2002)
Digest | Full Text
RR No.30- Implements certain provisions of the Tax Code relative to December 26,
2002 the compromise settlement of internal revenue tax 2002
liabilitiess superseding RR Nos. 6-2000 and 7-2001
(published in Manila Bulletin on Dec. 27, 2002)
Digest | Full Text

2001 REVENUE REGULATIONS

No. of
Subject Matter Date of Issue
Issuance

Extends further the deadline for the accreditation of Tax

RR No. 1-
Agents to June 30, 2001
2001 March 5, 2001
Full Text

RR No. 2- Prescribes the rules and regulations in the implementation March 9, 2001
2001 of the provision on Improperly Accumulated Earnings Tax
Full Text

Grants moratorium on the withholding of Income Tax on

the compensation income of public elementary and
RR No. 3-
secondary school teachers employed by the national April 16, 2001
2001
government
Full Text

Extends up to April 18, 2001 the deadline for the filing of

RR No. 4- Income Tax Returns by taxpayers with accounting period
April 16, 2001
2001 ended December 31, 2000
Full Text

RR No. 5- Revokes the requirement for non-resident citizens, August 1, 2001

2001 overseas contract workers and seamen to file information
returns on income derived from sources outside the
Philippines
Full Text

RR No. 6- Amends pertinent provisions of certain revenue issuances August 1, 2001

2001 relative to the inclusion of additional taxpayers to be
subject to Final Withholding Tax, revision of the
Withholding Tax rates on certain income payments subject
to Creditable Withholding Tax, time for the filing of various
tax returns and payment of the taxes due thereon and
others
Full Text

RR No. 7- Further implements certain provisions of the Tax Code of August 1, 2001
2001 1997 relative to the compromise settlement of internal
revenue tax liabilities
Full Text

RR No. 8- Establishes the policies and procedures governing the August 1, 2001
2001 availment of the Voluntary Assessment Program granting
taxpayers the privilege of last priority in the audit and
investigation of all internal revenue taxes for the taxable
year ending December 31, 2000 and all prior years under
certain conditions
Full Text
RR No. 9- Regulates the electronic filing of tax returns and payment August 16,
2001 of taxes 2001
Full Text

RR No. 10- Amends RR No. 8-2001 relative to the period of availment September 10,
2001 of the Voluntary Assessment Program (VAP), additional 2001
benefits to taxpayers who availed of the VAP and
clarification of some of the conditions for the availment
thereof
Full Text

RR No. 11- Amends RR No. 1-68, as amended, otherwise known as the September 10,
2001 Private Retirement Benefit Plan Regulations 2001
Full Text

RR No. 12- Amends pertinent provisions of certain revenue issuances September 10,
2001 relative to the revision of the Withholding Tax rates on 2001
certain income payments subject to Withholding Tax,
deferment of the new deadline dates for filing selected tax
returns, reporting requirements for recipients of talent
fees, and for other purposes
Full Text

RR No. 13- Implements the provisions of the Tax Code regarding the October 10,
2001 authority of the Commissioner of Internal Revenue to 2001
abate or cancel internal revenue tax liabilities of certain
taxpayers
Full Text

RR No. 14- Implements certain provisions of the Tax Code relative to October 10,
2001 the allowance of Net Operating Loss Carry-Over (NOLCO) 2001
as a deduction from gross income
Full Text

RR No. 15- Revises the regulations on the manner of purchase and October 18,
2001 affixture or payment of Documentary Stamp Tax on 2001
documents/facilities evidencing taxable transactions
Full Text

RR No. 16- Extends further the deadline for availment of the October 30,
2001 Voluntary Assessment Program until December 15, 2001, 2001
and prescribes a more flexible manner of payment of the
 amount due thereon
Full Text

RR No. 17- Implements the provisions on Community Mortgage November 14,

2001 Program under Republic Act No. 7279, otherwise known as 2001
the "Urban Development and Housing Act of 1992"
Full Text

RR No. 18- Prescribes the guidelines on the monitoring of the basis of November 14,
2001 property transferred and shares received, pursuant to a 2001
tax-free exchange of property for shares, as well as
establishes the policies governing the imposition of fees
for the monitoring thereof
Full Text

RR No. 19- Amends/updates the provisions contained in the November 16,

2001 agreement between the BIR and the Authorized Agent 2001
Banks relative to the collection of internal revenue tax
liabilities through the banking system
Full Text

RR No. 20- Implements the provisions of Articles 61 and 62 of RA No. November 28,
2001 6938, as amended, relative to the availment of tax 2001
exemptions granted to cooperatives
Full Text

RR No. 21- Extends further the deadline for availment of the December 19,
2001 Voluntary Assessment Program until December 28, 2001 2001
Full Text

2000 Revenue Regulations

No. of Date of Issue

Subject Matter
Issuance

RR No 1- Amends the provision of RR No. 12-97 in respect of January 6,

2000 sharing, distribution and manner of disposition of the 2% 2000
share of the local government units from the 5% special tax
paid by PEZA-registered enterprises
 Digest

RR No 2- Prescribes the procedures to be adopted during the January 15,

2000 transition period in the phase-out of leaded gasoline in 2000
Metro Manila
Digest

RR No 3- Extends the deadline for the accreditation of tax agents August 15,
2000 Digest 2000

RR No 4- Prescribes the posting in place of business of a notice on August 15,

2000 the requirement for the issuance of sales/commercial 2000
invoices and/or official receipts by persons engaged in
trade or business, including the exercise of profession
Digest

RR No 5- Prescribes the regulations governing the manner of August 15,

2000 issuance of Tax Credit Certificates and the conditions for 2000
their use, revalidation and transfer
Digest

RR No 6- Prescribes the regulations to implement the compromise September 25,

2000 settlement of internal revenue tax liabilities of taxpayers 2000
with outstanding receivable accounts and disputed
assessments with the Bureau
Digest

RR No 7- Amends RR No. 2-98 regarding the requirement for list of November 7,

2000 income payees 2000
Digest

RR No 8- Amends provisions of RR Nos. 2-98 and 3-98 relative to the November 22,
2000 "De Minimis" benefits, Additional Compensation 2000
Allowance, Representation and Transportation Allowance
and Personal Economic Relief Allowance
 Digest

RR No 9- Identifies the persons liable and responsible for the November 22,
2000 payment/remittance of the Documentary Stamp Tax 2000
Digest

RR No. 10- Amends further RR Nos. 2-98, 3-98 and 8-98 with respect December 29,
2000 to the exemption of monetized leave credits of 2000
government officials and employees and the enumeration
of "de minimis" benefits which are exempt from income
tax on compensation and from fringe benefits tax.
Digest

RR No. 11- Prescribes the registration and filing of income tax returns December 29,
2000 and payment of income tax, if any, of marginal income 2000
earners with gross sales/receipts not exceeding P
100,000.00 during any twelve (12) month period.
Digest

RR No. 12- Extends further the deadline for the accreditation of tax December 29,
2000 agents from December 31, 2000 to February 28, 2001. 2000
Digest

RR No. 13- Implements the provisions of Section 34(B) of the Tax Code December 29,
2000 of 1997 relative to the requirements for the deductability 2000
of interest expense from the gross income of a corporation
or an individual engaged in trade, business or in the
practice of profession.
Digest

RR No. 14- Amends Section 3(2), 3 and 6 of RR No. 13-99 relative to December 29,
2000 the sale, exchange or disposition by a natural person of his 2000
"principal residence"
Digest
 1999 Revenue Regulations

No. of Date of Issue

Subject Matter
Issuance

RR No. 10- Prescribes the procedures for the grant of the permit to August 25,
1999 use cash registers and point-of sale machines in lieu of 1999
registered sales invoices or receipts
Digest

RR No. 11- Prescribes the issuance of Taxpayer Identification Number August 30,
1999 (TIN) to all taxpayers and qualified applicants and the 1999
mandatory incorporation of TIN in government forms,
papers or documents
Digest

RR No. 12- Implements the provisions of the National Internal September 14,
1999 Revenue Code of 1997 governing the rules on assessment 1999
of national internal revenue taxes, fees and charges
Digest

RR No. 13- Prescribes the regulations for the exemption of a citizen or September 14,
1999 a resident alien individual from Capital Gains Tax on the 1999
sale, exchange or disposition of his principal residence
Digest

RR No. 14- Amends RR No. 14-97 relative to the imposition of Excise October 13,
1999 Taxes on automobiles and other motor vehicles 1999
Digest

RR No. 15- Defines the functions and composition of the Revenue November 17,
1999 Regional Accreditation Board and the Revenue National 1999
Accreditation Board, as well as provides the rules for the
accreditation/dis-accreditation of tax practitioners
Digest
RR No. 16- Amends RR No. 1-95 and other related rules and November 23,
1999 regulations relative to the grant of tax incentives to 1999
enterprises registered in the Subic Special Economic and
Freeport Zone
Digest

RR No. 17- Prescribes the regulations to implement the 12% increase December 27,
1999 in the Excise Tax imposed on distilled spirits, wines, 1999
fermented liquors and cigars and cigarettes packed by
machine effective January 1, 2000
Digest

RR No. 18- Prescribes the regulations relative to the imposition of VAT December 29,
1999 on services of banks, non-bank financial intermediaries and 1999
finance companies beginning January 1, 2000
Digest

RR No. 19- Prescribes the regulations relative to the imposition of VAT December 29,
1999 beginning January 1, 2000 on the sale of services by 1999
persons engaged in the practice of profession or calling
and professional services rendered by general professional
partnerships; services rendered by actors, actresses,
talents, singers and emcees; radio and television
broadcasters and choreographers; musical, radio, movie,
television and stage directors; and professional athletes
Digest

RR No.1- Prescribes the rules and regulations for the effective January 6,
1999 implementation of the tax incentives provided for qualified 1999
jewelry enterprises under Republic Act No. 8502,
otherwise known as the
Digest

RR No.2- Establishes the policies and procedures for the availment February 9,
1999 of immunity from audit and investigation of Income Tax, 1999
VAT and Percentage Tax returns filed for taxable year 1998
granted under the Economic Recovery Assistance Payment
(ERAP) Program
Digest
RR No.3- Amends Revenue Regulations No. 12-98 to streamline and February 15,
1999 make more efficient the collection of the creditable 1999
withholding tax on income payments from medical
practitioners
Digest

RR No.4- Amends the RMO relative to the payment of Capital Gains March 16,
1999 Tax and Documentary Stamp Tax on extra-judicial 1999
foreclosure sale of capital assets initiated by banks, finance
and insurance companies
Digest

RR No.5- Implements Section 34(E) of the Tax Code of 1997 relative March 16,
1999 to the requirements for deductibility of bad debts from 1999
gross income
Digest

RR No.6- Extends the deadline until July 15, 1999 for the availment April 19, 1999
1999 of immunity from audit or investigation of Income Tax, VAT
and Percentage Tax returns under the Economic Recovery
Assistance Program (ERAP)
Digest

RR No.7- Amends further Revenue Regulations No. 7-95 relative to April 20, 1999
1999 the submission of the Summary Lists of Sales and
Purchases in magnetic form
Digest

RR No.8- Provides penalties for violation of the requirement that May 11, 1999
1999 output tax on sale of goods and services should not be
separately indicated in the sales invoice or official receipt
Digest

RR No.9- Prescribes the filing of information returns (BIR Form May 24, 1999
1999 1701C or the new computerized Form 1703) by non-
resident citizens, overseas contract workers and seamen
Digest

1998 Revenue Regulations

 No. of Date of Issue
Subject Matter
Issuance

RR No. 10- Prescribes the regulations to implement RA No. 8424 September 2,

1998 relative to the imposition of income taxes on income 1998
derived under Foreign Currency Deposit and Offshore
Banking Systems
Digest

RR No. 11- Amends further RR No. 5-98 which implements Section 21 September 24,
1998 of RA No. 8479 entitled "An Act Deregulating the 1998
Downstream Oil Industry, and For Other Purposes
Digest

RR No. 12- Amends RR No. 2-98 relative to the collection of the September 25,
1998 credible withholding tax on income payments from 1998
medical practitioners
Digest

RR No. 13- Prescribes the regulations to implement RA No. 8424 December 14,
1998 entitled "An Act Amending the National Internal Revenue 1998
Code as amended"
Digest

RR No.1- Redefines the term "Large Taxpayers" amending further RR April 14, 1998
1998 No. 12-93, as amended by RR No. 3-94
Digest

RR No.2- Prescribes the regulations to implement RA No. 8424 May 17, 1998
1998 relative to the Withholding on Income subject to the
Expanded Withholding Tax and Final Withholding Tax,
Withholding of Income Tax on Compensation, Withholding
of Creditable Value-Added tax and Other Percentage Taxes
Digest

RR No.3- Implements Section 33 of the National Internal Revenue June 4, 1998

1998 Code (NIRC), as amended by RA No. 8424, relative to the
special treatment of fringe benefits granted or paid by the
employer to employees, except rank and file employees
beginning January 1,1998
 Digest

RR No.4- Implements the provision of RA No. 6734 relative to the June 29, 1998
1998 proportionate share of the provinces comprising the
Autonomous Region in Muslim Mindanao (ARMM) in the
national collections from businesses
Digest

RR No.5- Implements Section 21 and 23 of RA No. 8479 relative to July 1, 1998

1998 the payment made by certain oil companies of their
respective specific taxes through Reimbursement
Certificates" issued by the Department of Energy
Digest

RR No.6- Amends Section 2 of RR No. 4-97 by providing for the July 20, 1998
1998 recognition of checks as one of the acceptable modes of
payment
Digest

RR No.7- Implements Section 230 of the NIRC, as amended by RA August 20,

1998 No. 8242 relative to the treatment of cash refunds and of 1998
Tax Credits
Digest

RR No.8- Amends pertinent portions of RR Nos. 11-96 to 2-98 September 2,

1998 relative to the tax treatment of the sale, transfer or 1998
exchange of real property
Digest

RR No.9- Prescribes the regulations to implement RA No. 8424 September 2,

1998 relative to imposition of the Minimum Corporate Income 1998
Tax on domestic corporations and resident foreign
corporations
Digest