BUREAU OF INTERNAL REVENUE

2005 REVENUE REGULATION

2005 BUREAU OF INTERNAL REVENUE

REVENUE REGULATION
RR NO.

SUBJECT MATTER

RR No. 1-2005

Amends further pertinent provisions of RR Nos. 7-95 and 8-2002 relative to

transactions exempt from VAT and the submission of Quarterly Summary List of
Sales and Purchases
(published in Manila Standard on Feb. 18, 2005)

RR No. 2-2005

Implements relevant provisions of Republic Act Nos. 7227, 7916, 7903 and
7922 otherwise known as "Bases Conversion and Development Act of 1992,"
"Special Economic Zone Act of 1995," "Zamboanga City Special Economic
Zone Act of 1995" and "Cagayan Special Economic Zone Act of 1995"
respectively

(published in Manila Times on Feb. 18, 2005)

RR No. 3-2005

Prescribes the rules and regulations implementing EO No. 398 and requiring
timely and complete payment of taxes as a pre-condition for entering into and as
a continuing obligation in contracts with government

(published in Manila Standard on Feb. 19, 2005)

RR No. 4-2005

Prescribes the rules and regulations implementing Bangko Sentral ng Pilipinas

Circular No. 472, Series 2005 requiring all bank borrowers and co-makers to
submit latest Income Tax Return and Financial Statement received by BIR

(published in Daily Tribune on Feb. 19, 2005)

RR No. 5-2005

Prescribes the monthly submission of sales report and other information

generated by Cash Register Machines (CRMs) and Point of Sales Machines
(POS) and/or any machine sales generating receipt/invoice registered with the
BIR
(published in Daily Tribune on Feb. 19, 2005)

RR No. 6-2005

Provides the implementing rules for EO No. 399 directing the BIR to establish
the "No Audit Program" (NAP) to enhance tax compliance and increase tax
collections
(published in Manila Bulletin on March 9, 2005)

RR No. 7-2005

Amends pertinent provisions of Revenue Regulations No. 4-2000 by providing a

new format for the Notice to the Public to be exhibited at place of business

(published in Manila Bulletin on April 14, 2005)

RR No. 8-2005

Amends further pertinent provisions of Revenue Regulations Nos. 2-98 and 32004 which provides for the inclusion to income payments subject to Creditable
Withholding Tax the Manila Electric Company refund to customers

(published in Manila Bulletin on May 19, 2005)

RR No. 9-2005

Amends pertinent provisions of Revenue Regulations No. 06-04 relative to the

tax exemptions and privileges granted under Republic Act No. 9182, otherwise
known as The Special Purpose Vehicle Act of 2002

(published in Manila Bulletin on June 1, 2005)

RR No. 10-2005

Amends certain provisions of Revenue Regulations No. 6-2005 (No Audit

Program) resulting from the amendment of EO No. 399
(published in Manila Bulletin on June 1, 2005)

RR No. 11-2005

Defines Gross Income Earned to implement the tax incentive provision of

Republic Act No. 7916, otherwise known as The Special Economic Zone Act of
1995

(published in Philippine Star on June 25, 2005)

RR No. 12-2005

Defines Gross Income to implement the tax incentive provision of Republic Act
No. 7922, otherwise known as Cagayan Special Economic Zone Act of 1995
and of Republic Act No. 7903, otherwise known as Zamboanga City Special
Economic Zone Act of 1995

(published in Philippine Star on June 25, 2005)

RR No. 13-2005

Defines Gross Income Earned to implement the tax incentive provision of

Republic Act No. 7227, otherwise known as The Bases Conversion
Development Act of 1992
(published in Philippine Star on June 25, 2005)

RR No. 14-2005

Implements Title IV of the Tax Code by prescribing the Consolidated ValueAdded Tax Regulations of 2005
(published in Manila Bulletin on June 29, 2005)

RR No. 15-2005

Provides policies and guidelines for the abatement of surcharges in relation to

the filing of amended tax returns under certain conditions
(published in Manila Bulletin and Philippine Star on July 8, 2005)

RR No. 16-2005

Prescribes the Consolidated Value-Added Tax Regulations of 2005 superseding

RR No. 14-2005
(published in Manila Times on Oct. 21, 2005)

RR No. 17-2005

Provides the policies, guidelines and procedures in the implementation of the

tax subsidy granted by the Fiscal Incentives Review Board to the Bases
Conversion and Development Authority for the Subic-Clark-Tarlac Expressway
Project

(published in Manila Bulletin on Oct. 21, 2005)

RR No. 18-2005

Provides the policies, procedures and guidelines in the implementation of the

Enhanced Voluntary Assessment Program (EVAP) for taxable year 2004 and
prior years under certain conditions

(published in Manila Bulletin on Nov. 12, 2005)

RR No. 19-2005

Temporarily defers until further notice the implementation of RR No. 17-2005

relative to the implementation of the tax subsidy granted by the FIRB to the
Bases Conversion Development Authority for the Subic-Clark-Tarlac
Expressway Project

(published in Manila Bulletin on Nov. 18, 2005)

DATE OF ISSUE
February 11, 2005

February 15, 2005

February 17, 2005

February 17, 2005

February 17, 2005

March 7, 2005

April 11, 2005

May 10, 2005

May 10, 2005

May 30, 2005

June 23, 2005

June 23, 2005

June 23, 2005

June 28, 2005

July 7, 2005

October 19, 2005

October 19, 2005

November 11, 2005

November 15, 2005