September 30, 2020
REVENUE REGULATIONS NO. 30-20
| SUBJECT | : | Rules and Regulations Implementing Section 11 (f) and (g) of Republic Act No. 11494, Otherwise Known as the "Bayanihan to Recover as One Act" on the Taxes Derived from Gaming and Non-gaming Operations as Other Sources of Funding to Address the COVID-19 Pandemic |
| TO | : | All Internal Revenue Officers and Others Concerned |
SECTION 1. Scope. — Pursuant to the provisions of Section 244 of the National Internal Revenue Code (NIRC), as amended, the following Regulations are hereby promulgated to implement Section 11 (f) and (g) of Republic Act (R.A.) No. 11494, otherwise known as "Bayanihan to Recover as One Act." The said Section enumerated the various sources of funding to address the COVID-19 pandemic, which included the taxes derived from gaming operations and from non-gaming operations, as items (f) and (g), respectively.
SECTION 2. Definition of Terms. — For purposes of these Regulations and to ensure effective implementation of Section 11 (f) and (g) of the Bayanihan to Recover as One Act, the following words...
