Publishing the Full Text of the Implementing Rules and Regulations of Republic Act No. 11256, also Known as "An Act to Strengthen the Country's Gross International Reserves, Amending for the Purpose Sections 32 and 151 of the National Internal Revenue Code (NIRC), as Amended, and for Other Purposes" of the Department of Finance (DOF)

April 6, 2020

REVENUE MEMORANDUM CIRCULAR NO. 040-20

SUBJECT : Publishing the Full Text of the Implementing Rules and Regulations of Republic Act No. 11256, also Known as "An Act to Strengthen the Country's Gross International Reserves, Amending for the Purpose Sections 32 and 151 of the National Internal Revenue Code (NIRC), as Amended, and for Other Purposes" of the Department of Finance (DOF)
TO : All Internal Revenue Officers and Others Concerned

For the information and guidance of all internal revenue officers, employees and others concerned, attached is the full text of the Implementing Rules and Regulations (IRR) of Republic Act No. 11256, also known as "An Act to Strengthen the Country's Gross International Reserves, amending for the Purpose Sections 32 and 151 of the National Internal Revenue Code (NIRC), As Amended, and for Other Purposes" of the Department of Finance (DOF). DETACa

All internal revenue officers, employees and others concerned are hereby enjoined to give this Circular as wide as publicity as possible.

(SGD.) CAESAR R. DULAY
Commissioner of Internal Revenue

ATTACHMENT

Implementing Rules and Regulations of...

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