BIR creates a ‘fast lane’ for one-time transactions

THE BUREAU of Internal Revenue (BIR) issued new measures last week to streamline its processes.
Revenue Memorandum Circular 43-2018 signed by BIR Commissioner Caesar R. Dulay on May 18 said that it has created a “fast lane” for all 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 (ONETT) 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.
It added that the transactions shall be processed and released “within three working days upon submission of complete documentary requirements.”
Meanwhile in Revenue Memorandum Order 25-2018 signed by Mr. Dulay also on May 28 has split up the Inspection and Acceptance Committee into two independent teams that verify the deliveries of goods and services, infrastructure projects, and consulting services in the BIR.
It said that the measure was “in line with the directive of the present government to streamline the processes and documentary requirements.” — Elijah Joseph C. Tubayan