BUREAU OF INTERNAL REVENUE

2004 REVENUE MEMORANDUM

CIRCULAR

2004 BUREAU OF INTERNAL REVENUE

REVENUE MEMORANDUM CIRCULAR
RMC NO.

SUBJECT MATTER

RMC No. 1-2004

Notifies the loss of 1 pad of unused BIR Form No. 3148 - Official Delivery
Invoice-Guia with Serial Nos. ODG200100025701-ODG200100025750.

RMC No. 2-2004

Clarifies the issues on VAT taxable transactions of Philippine Port Authority.

RMC No. 3-2004 Notifies the loss of 1 Tax Credit Certificate with Serial No. 000959.
RMC No. 4-2004

Notifies the loss of 1 set of unused BIR Form No. 1954 - Certificate Authorizing
Registration with Serial No. CAR200000109537.

RMC No. 5-2004

Publishes the full text of Government Accounting and FMIS Circular Letter No.
2003-006 issued by the Commission on Audit.

RMC No. 6-2004

Publishes the full text of PHILHEALTH Advisory No. 06-002-2003.

RMC No. 7-2004

Notifies the loss of 1 quadruplicate copy of unused BIR Form No.2524 Revenue Official Receipt with Serial No. ROR200301341101.

RMC No. 8-2004

Notifies the loss of 1 triplicate copy of unused BIR Form No. 1954 - Certificate
Authorizing Registration with Serial No. CAR200300222435.

RMC No. 9-2004

Prescribes the guidelines and policies on the taxation of banks and non-bank
financial intermediaries performing quasi-banking functions and other nonbank financial intermediaries as a result of the enactment and effectivity of
Republic Act No. 9238, which excludes several services from the coverage of
the Value-Added Tax and re-imposing the Gross Receipts Tax on banks and
non-bank financial intermediaries performing quasi-banking functions and
other non-bank financial intermediaries beginning January 1, 2004.

RMC No. 10-2004

Supplements RMC No. 9-2004 issued in relation to the implementation of

Republic Act No. 9238 for banks and non-bank financial intermediaries,
specifically for the reimposition of Gross Receipts Tax

RMC No. 11-2004

Prescribes the full text of Executive Order No. 259 entitled "Creating the
Department of Finance Revenue Integrity Protection Service".

RMC No. 12-2004

Publishes the full text of Memorandum Order No. 126 issued by the President
of the Philippines.

RMC No. 13-2004

Prescribes the weekly reporting system for the Bureau's Centennial Taxpayers
Recognition Program.

RMC No. 14-2004

Cancels 1 set of unused BIR Form No. 1954 - Certificate Authorizing

Registration with Serial No. CAR200300225572.

RMC No. 15-2004

Specifies details relative to the entry into force, effectivity and applicability of
the Philippine Tax Treaties with Bahrain, Bangladesh, Czech, Sweden and
Vietnam.

RMC No. 16-2004

Publishes the full text of Bank Bulletin No. 2003-11 relative to internal revenue
tax payment thru Tax Debit Memo.

RMC No. 17-2004

Prescribes the list of Tax Credit Certificates and Disbursement Vouchers for tax
refunds for the month of February 2004.

RMC No. 18-2004

Notifies the loss of 1 pad of unused BIR Form No. 0423 - Apprehension Slip
with Serial Nos. APS200300006651 to APS200300006700.

RMC No. 19-2004

Notifies the loss of 1 set of unused BIR Form No. 0421 - Tax Verification Notice
with Serial No. TVN200100100129.

RMC No. 20-2004

Notifies the loss of 1 set of unused BIR Form No. 1954 - Certificate Authorizing
Registration with Serial No. CAR200300157455.

RMC No. 21-2004

Circularizes the list of Tax Credit Certificates and Disbursement Vouchers for
tax refunds issued for the month of March 2004.

RMC No. 22-2004

Defines the rules relative to the accounting methods to be used by taxpayers

for internal revenue tax purposes.

RMC No. 23-2004

Reiterates the provisions of RR No. 2-87 relative to the issuance of Official

Delivery Invoice and maintenance of Official Register Books with respect to
removal/sale of molasses.

RMC No. 24-2004

Provides basic information and answers to questions frequently asked about

the Centennial Taxpayers Recognition Program.

RMC No. 25-2004

Specifies the activities for the BIR's Centennial Anniversary Celebration.

RMC No. 26-2004

Clarifies issues pertaining to the modified procedures of registering manuallyprinted receipts or sales/commercial invoices prior to their use.

RMC No. 27-2004

Notifies the loss of 2 original copies of unused BIR Form No. 1954 - Certificate
Authorizing Registration with Serial Nos. CAR200400021976 and
CAR200400021978.

RMC No. 28-2004

Reiterates the provision of RMO No. 39-87 which specifies that deficiency tax
assessments of P 100 or less shall no longer be assessed nor collected.

RMC No. 29-2004

Circularizes the list of Tax Credit Certificates and Disbursement Vouchers for
tax refunds issued for the month of April 2004.

RMC No. 30-2004

Reminds all Regional Directors and Revenue District Officers of their

responsibilities to the Centennial Taxpayers Recognition Program.

RMC No. 31-2004

Specifies that the Bangko Sentral ng Pilipinas is currently implementing its

Checkless Payment System.

RMC No. 32-2004

Prescribes the list of Tax Credit Certificates and Disbursement Vouchers for tax
refunds issued for the month of May 2004.

RMC No. 33-2004

Prescribes the revised rules and regulations implementing R.A. No. 8502,
otherwise known as the "Jewelry Industry Development Act of 1998.".

RMC No. 34-2004

Notifies the loss of 1 set of unused BIR Form No. 1954 - Certificate Authorizing
Registration with Serial No. CAR200300195267

RMC No. 35-2004

Notifies the cancellation of 11 pads and 16 sets of unused BIR Form No. 2310 Tax Credit Certificates with Serial Nos. TCC200200001501 to
TCC200200002050 and TCC200200001485 to TCC200200001500.

RMC No. 36-2004

Circularizes Supreme Court's decision that pawnshops are not subject to the
5% lending investor's tax.

RMC No. 37-2004

Clarifies the settlement of the Value-Added Tax liabilities of pawnshops for

taxable years 1996 to 2002.

RMC No. 38-2004

Publishes the full text of Circular Letter No. 2004-10 issued by the Secretary of
the Department of Budget and Management regarding unpaid Social
Insurance Premiums to the GSIS

RMC No. 39-2004

Prescribes the mechanism for the settlement of the income and franchise tax
liabilities of Local Water Districts for taxable years 1996 to 2002.

RMC No. 40-2004

Circularizes the full text of DOF Order No. 17-04 prescribing the guidelines to
implement the registration of Barangay Micro Business Enterprises and the
availment of tax incentives under R.A. No. 9178.

RMC No. 41-2004

Cancels 1,500 pieces of unused Documentary Stamps with Serial Nos.

DSJ20030004359901 to DSJ20030004361400.

RMC No. 42-2004

Notifies the loss of 1 original copy of unused Certificate Authorizing

Registration (BIR Form No. 1954) with Serial No. CAR200400045081.

RMC No. 43-2004

Notifies the cancellation of 4 sets of unused BIR Form No. 2524 - Revenue
Official Receipt with Serial Nos. ROR200400336008, ROR200400337008,
ROR200400338008 and ROR200400339008

RMC No. 44-2004

Publishes the full text of the memorandum issued by Undersecretary Nieves L.

Osorio of the Department of Finance containing an advisory on foreign travels

RMC No. 45-2004

Publishes the full text of Memorandum Circular No. 55 issued by the President
of the Philippines entitled "Directing all Departments, Bureaus, Offices and
Instrumentalities of the Government, Including Government-Owned and
Controlled Corporations to Incorporate the Use of 1% by Volume Coconut
Methyl Ester in their Diesel Requirements."

RMC No. 46-2004

Notifies the loss of 1 set of unused BIR Form No. 1954 - Certificate Authorizing
Registration with Serial No. CAR200400057930

RMC No. 47-2004

Notifies the cancellation of 8 pads and 205 sets of BIR Form No. 2524
(Revenue Official Receipt), 1,250 pieces of Documentary Stamps and 5 pads of
Accountable Form No. 51 (Official Receipt)

RMC No. 48-2004

Notifies the revocation/cancellation of BIR Ruling Nos. 076-88, 004-89 and

191-89 pursuant to Court of Tax Appeals Case No. 5233

RMC No. 49-2004

Notifies the loss of 1 set of used BIR Form No. 1954 - Certificate Authorizing
Registration with Serial No. CAR200300128673

RMC No. 50-2004

Circularizes the list of Tax Credit Certificates and Disbursement Vouchers for
tax refunds issued for the month of July 2004

RMC No. 51-2004

Specifies BIR offices authorized to issue Tax Debit Memo (TDM)

RMC No. 52-2004

Prescribes the format of the Sworn Affidavit specified in Department Order No.
17-04, which contains the guidelines to implement the registration of
Barangay Micro Business Enterprises (BMBE) and the availment of tax
incentives under the BMBE Act of 2002

RMC No. 53-2004

Clarifies whether minors who are opening a bank account can be issued a
Taxpayer Identification Number (TIN)

RMC No. 54-2004

Publishes the full text of Memorandum Circular No. 01-04 from the National
Statistical Coordination Board relative to the celebration of the 15Th National
Statistics Month in October 2004

RMC No. 55-2004

Prescribes the BIR's policy on the handling of TIN verification queries raised by
companies

RMC No. 56-2004

Notifies the loss of 1 set of unused BIR Form No. 1954 - Certificate Authorizing
Registration with Serial No. CAR200400155857

RMC No. 57-2004

Publishes the full text of Administrative Order No. 103 issued by the President
of the Philippines entitled "Directing the Continued Adoption of Austerity
Measures in the Government."

RMC No. 58-2004

Notifies the loss of 1 duplicate copy of unused BIR Form No. 1954 - Certificate
Authorizing Registration with Serial No. CAR200400131805

RMC No. 59-2004

Circularizes the Department of Budget and Management and Department of

Education Joint Circular No. 2004-1 implementing the direct release of funds to
the Regional Offices and implementing units (Division/High School)

RMC No. 60-2004

Clarifies the withholding of creditable Value-Added Tax by government offices

on purchases of P1,000.00 and below

RMC No. 61-2004

Notifies the loss of 1 set of unused BIR Form No. 1954-Certificate Authorizing
Registration with Serial No. CAR200400093102

RMC No. 62-2004

Prescribes the use of the Government Expense Code

RMC No. 63-2004

Circularizes the list of Tax Credit Certificates and Disbursement Vouchers for
tax refunds issued for the month of September 2004

RMC No. 64-2004

Notifies the loss of 2 sets of unissued/filled-up BIR Form No. 1954-Certificate

Authorizing Registration with Serial Nos. CAR200400073506 and
CAR200400073676

RMC No. 65-2004

Notifies the loss of 1 set of unused BIR Form No. 1954-Certificate Authorizing
Registration with Serial No. CAR200300160753

RMC No. 66-2004

Notifies the loss of 1 quadruplicate copy of unused BIR Form No. 1954 Certificate Authorizing Registration with Serial No. CAR200400189045

RMC No. 67-2004

Circularizes the list of Tax Credit Certificates and Disbursement Vouchers for
tax refunds issued for the month of October 2004

RMC No. 68-2004

Cancels 3 sets of BIR Form No. 1954 - Certificate Authorizing Registration with
Serial Numbers CAR200400168810, CAR200400168870 and
CAR200400171264

RMC No. 69-2004

Publishes the full text of BOC and BIR Joint Order pertaining to the disposition
of tax-exempt vehicles registered or owned by Diplomatic Mission and
Consular Offices/Officials, its officers, including its administrative and technical
staff members enjoying tax and duty free privileges

RMC No. 70-2004

Clarifies the proper determination of amount of Value-Added Tax on VAT

invoices or VAT official receipts

RMC No. 71-2004

Prescribes the mandatory availment of the Electronic Filing and Payment

System and mandatory Electronic Submission of Summary List of Sales and
Purchases and Annual Alphalist of Income Payees and Taxes Withheld

RMC No. 72-2004

Clarifies issues on the additional transactions subject to Creditable

Withholding Tax

RMC No. 73-2004

Provides the guidelines and policies for the assessment and collection of
Business Tax applicable to pawnshops

RMC No. 76-2004

Publishes the full text of Memorandum issued by the Executive Secretary

entitled "Use of International and National Direct Dial (IDD and NDD)
Facilities"

DATE OF ISSUE

January 05, 2004

January 07, 2004

January 14, 2004
January 23, 2004
February 05, 2004
February 05, 2004
February 06, 2004

February 18, 2004

February 20, 2004

February 23, 2004

February 24 2004
February 26, 2004
March 01, 2004
March 10, 2004

March 10, 2004

March 10, 2004
March 17, 2004
March 22, 2004
March 22, 2004
April 01, 2004
April 13, 2004

April 14, 2004

April 15, 2004

April 16, 2004
April 16, 2004

April 28, 2004

April 30, 2004

May 03, 2004

May 12, 2004
May 20, 2004
June 03, 2004
June 08, 2004

June 08, 2004

June 14, 2004

June 16, 2004

June 16, 2004
June 16, 2004

June 25, 2004

July 02, 2004

July 01, 2004

July 07, 2004
July 08, 2004

July 15, 2004

July 20, 2004

July 21, 2004

July 21, 2004

July 23, 2004

July 26, 2004
August 03, 2004
August 10, 2004
August 13, 2004

August 13, 2004

August 13, 2004

August 18, 2004

September 06, 2004
September 07, 2004

September 13, 2004

September 16, 2004

September 23, 2004

September 23, 2004
October 01, 2004
October 11, 2004
October 14, 2004

October 21, 2004

October 21, 2004
November 11, 2004

November 17, 2004

November 17, 2004

November 22, 2004

November 23, 2004

November 23, 2004

November 23, 2004
November 26, 2004

December 28, 2004