RMC No. 2-2012 dated November 3, 2011 issuance of Revenue Official Receipts (RORs)

RMC No. 2-2012 dated November 3, 2011 issuance of Revenue Official Receipts (RORs)

>   The authority of Revenue Collection Officers (RCOs) to issue RORs shall
apply only on the following deadlines:

a.    On January 31 - payment of Annual Registration Fee

b.    On the 10^th day of the month - remittance of withholding taxes

o    On the 20^th day of the month - filing and payment of business taxes (Percentage and Value Added Tax)

d.    On the 25^th day of the month - filing and payment of quarterly VAT

e.    For the annual income tax payment of individual taxpayers as well as
calendar-period corporate taxpayers, the issuance of RORs shall start
five (5) working days prior or until April 15.

►            The issuance of RORs shall be limited to tax payments, in cash not
exceeding the amount of Twenty Thousand Pesos (Php20,000.00) per
return However, there shall be no limit on the amount if payment is
made through checks