Modification of ATC for Value-Added Tax Pursuant to Revenue Regulations No. 10-2004

December 11, 2019REVENUE MEMORANDUM ORDER NO. 006-20SUBJECT : Modification of Alphanumeric Tax Code (ATC) for Value-Added Tax Pursuant to Revenue Regulations No. 10-2004 (To Further Implement the Provisions of Sec. 4 of Republic Act No. 9238 Re-Imposing the Gross Receipts Tax on Other Non-Bank Financial Intermediaries Beginning January 1, 2004 and Hereby Amending for the Purpose Sec. 4 of Revenue Regulations No. 9-2004 by Including Pawnshops Under the Classification of Other Non-Bank Financial Intermediaries)   TO : All Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concerned I. OBJECTIVE:To facilitate the proper identification and monitoring of tax collection from Value-Added Tax in BIR Form Nos. 2550M (Monthly Value-Added Tax Declaration) and 2550Q (Quarterly Value-Added Tax Return) and to align the Alphanumeric Tax Codes in the forms and the ATC Handbook, pursuant to RR No. 10-2004 and RMC No. 73-2004 (Guidelines and Policies Applicable to the Business Tax Applicable to the Pawnshops as a Result of the Issuance of Revenue Regulations No. 10-2004, Including Pawnshops under the Classification of Other Non-Bank Financial Intermediaries in Accordance...