THE BUREAU of Internal Revenue (BIR) has taken more steps to speed up taxpayer transactions.
Revenue Memorandum Circular (RMC) 43-2018, signed by BIR Commissioner Caesar R. Dulay on May 18, said the bureau has created a “fast lane” for one-time, simple transactions.
“In line with the BIR’s efforts to promote the delivery of quality service to all stakeholders, all One-Time Transaction Teams are hereby directed to create a fast lane that will cater to individuals or corporations filing capital gains tax or donor’s tax returns with only one deed of sale/exchange/donation involving one to three properties,” the circular read.
The circular added that transactions will be processed and electronic certificates authorizing registration released “within three working days upon submission of complete documentary requirements,” including the certificate which authorized agent banks furnish taxpayers after payment.
Sought for comment, Eleanor L. Roque of P&A Grant Thornton’s Tax Advisory & Compliance said in a mobile phone message that “any improvement in the process to fast-track transactions is a welcome development.”
At the same time, she said it remains to be seen whether regulations actually translate into practice.
Ms. Roque added that the envisioned fast lane could cover more transactions in the future. “After we see the results of the new RMC, then maybe we can push for more transactions to be included such as request for confirmation rulings and even application for registration,” she said.
Meanwhile, Revenue Memorandum Order No. 25-2018, signed by Mr. Dulay on May 28, split up the Inspection and Acceptance Committee into two independent teams that inspect and verify, respectively, delivery of goods and services, infrastructure projects and consulting services.
Covered are items like: vehicles; buildings and related facilities; consulting and other services rendered; information technology (IT) software licenses/contracts/certificates, hardware/equipment, reports, manuals, systems documentation, application/system software and IT-related services; as well as non-IT equipment, spare parts and construction materials, among others.
“There shall be an inspection sub-committee for far-flung/remote areas, which shall cover island district offices and district offices requiring travel by land of 200 kilometers distance or at least four hours continuous travel from the Regional Offices,” the new order added.
BIR said the new order was “in line with the directive of the present government to streamline the processes and documentary requirements.” — E. J. C. Tubayan

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