Taxpayer Identification Number (TIN) for Involuntary Transfer

August 7, 2019OPM-AS-APMD NO. 010-19TO : All Internal Revenue Officers and Others Concerned   SUBJECT : Taxpayer Identification Number (TIN) for Involuntary Transfer This Operations Memorandum is issued for transactions involving involuntary transfer of foreclosed property(ies) that was acquired by the Bangko Sentral ng Pilipinas (BSP), Home Development Mutual Fund (HDMF), Philippine Air Force (PAF) and Local Government Units (LGU), wherein the required information to issue a TIN to the owner(s) of the said property is no longer obtainable and cannot be provided by the transacting parties. HTcADCSince the TIN is one of the mandatory requirements in the issuance of Electronic Certificate Authorizing Registration (eCAR) which is needed in order to transfer foreclosed property(ies) with the Registry of Deeds, hereunder are the procedures to be followed in the issuance of TIN and the corresponding eCAR:1. The Client Support Section (CSS) shall verify the existence of the TIN of the taxpayer in the eREGTINQuery database. If the taxpayer has no existing TIN in the eREGTINQuery database, the CSS shall check the Revenue Data Center and National Office...