It has been observed that some Revenue Collection Officers (RCOs) assigned in areas where there are Authorized Agent Banks (AABs) are receiving tax payments not only during the authorized specified tax deadlines, and are also accepting cash tax payments in excess of the Twenty Thousand (Php20,000.00) threshold.

Pursuant to Section III.2 of revenue memorandum Order (RMO) no. 4-2007, as amended by RMO No. 2-2010 dated January 6, 2010, it was provided that the authority of RCO to issue RORs shall apply only on the following deadlines:

1. On January 31 - for the payment of Annual registration Fee;
   
2. On the 10^th day of the month - for the remittance of withholding taxes;
   
3. On the 20^th day of the month - for the filing and payment of business taxes (Percentage and Value Added Tax);
   
4. On the 25^th day of the month - for the filing and payment of quarterly VAT; and
   
5. 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 to and until April 15.

Furthermore and pursuant to Section III(4) of RMO no. 4-2007, as amended by RMO No. 32-2008 and further amended in RMO No. 8-2009 dated March 9, 2009, it was likewise provided that œThe 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 thru checks. 

In this connection, this Circular is being issued to remind all revenue district Officers (RDOs), RCOs and others concerned to strictly comply with the aforementioned provisions of the existing rules and policies on the acceptance of tax payments by RCOs assigned in areas where there are AABs.

In addition, all RDOs are hereby reminded of their responsibility in monitoring the RCOs under their jurisdiction in order to ensure that all tax collections received by these RCOs are fully reported and accounted for, and the same are all deposited intact and on time with the Authorized Government Depository Banks (AGDBs), also pursuant to the existing guidelines and procedures.

Non-compliance to the existing rules, policies and guidelines on the acceptance and remittance of tax payments by RCOs assigned in areas where there are AABs will be a ground for the institution of the applicable administrative disciplinary action against any concerned revenue officials and employees under the Revised Code of Conduct for BIR Officials and employees, as promulgated under RMO No. 53-2010.

All internal revenue officers and other concerned are enjoined to give this Circular as wide a publicity as possible.


(SGD.) KIM S. JACINTO-HENARES
Commissioner of Internal Revenue