March 28, 2019
REVENUE REGULATIONS NO. 03-19
| SUBJECT | : | Prescribing the Use of the Electronic Certificate Authorizing Registration System Relative to Transactions Involving Registration and Transfer of Real and Personal Properties Pursuant to Section 5 (B) of the National Internal Revenue Code (NIRC) of 1997, as amended, and in Relation to Sections 58 (E), 95 and 97 of the Same Code |
| TO | : | All Internal Revenue Officers and Others Concerned |
BACKGROUND
The Bureau of Internal Revenue (BIR), in its effort to improve taxpayer satisfaction and compliance to increase revenues for the government, has developed the Electronic Certificate Authorizing Registration System otherwise known as the eCAR System. The system is equipped with barcode verification in order to eliminate errors using manual procedures by the three (3) government agencies, namely the BIR, the Land Registration Authority (LRA) and the Provincial, City and Municipal Assessor's Offices under the Local Government Units (LGUs) across the country. These offices are responsible for registering and transferring real property and improvements, including shares of stock involved therein, after all taxes and dues are collected. CAIHTE
These Regulations...
