September 21, 2016
OPERATIONS MEMORANDUM NO. 2016-09-07
| TO | : | All Regional Directors, Revenue District Officers, Revenue Officers and All Others Concerned |
| SUBJECT | : | Reporting of Tax Collections thru Bangko Sentral ng Pilipinas (BSP) Direct Crediting |
It has been observed that there are still some Revenue District Offices (RDOs) who are not following the provisions of Revenue Memorandum Circular (RMC) No. 17-2012 dated April 4, 2012 in reporting the collections from BSP Direct Crediting in their respective Consolidated Monthly Statistical Report (BIR Form 1209). Pursuant to the said RMC, the date of collection indicated in the Statement of Account provided by the BSP to the Bureau of the Treasury (BTr) shall be the basis in reporting the collection and not the date when the corresponding tax returns, together with the BSP Credit Advices, are received by the RDOs.
In view thereof, it is hereby reiterated that all concerned RDOs are required to report all revenue tax collections thru the said mode of payment based on the provisions of the abovementioned RMC. EcTCAD
Strict compliance is hereby enjoined.
(SGD.) NESTOR S. VALEROSO
DCIR, Operations...
