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Revenue Memorandum Order No. 47-2018: Republic of The Philippines Department of Finance

This document amends provisions related to the submission of BIR Form Nos. W7 and W8 reports. It terminates the preparation and submission of these monthly and quarterly withholding tax reports by revenue district offices due to their irrelevance given current automated systems. Information previously provided in these reports can now be extracted from the Bureau's integrated tax system as needed. The document also repeals provisions in prior revenue memoranda that are inconsistent with these changes.

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81 views2 pages

Revenue Memorandum Order No. 47-2018: Republic of The Philippines Department of Finance

This document amends provisions related to the submission of BIR Form Nos. W7 and W8 reports. It terminates the preparation and submission of these monthly and quarterly withholding tax reports by revenue district offices due to their irrelevance given current automated systems. Information previously provided in these reports can now be extracted from the Bureau's integrated tax system as needed. The document also repeals provisions in prior revenue memoranda that are inconsistent with these changes.

Uploaded by

Aliah Cyril
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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HE PHILIPPINES DEPARTMENT OF FINANCE

OF INTERNAL REVENUE
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RECORDS MGT. DIVIS!ON


October 10, 2018

REVENUE MEMORANDUM ORDER NO. 47-2018

SUBJECT Amending the Pertinent Provisions of Revenue Issuances for the Purpose of
Terminating the Submission of BIR Form Nos. W7 and W8 Reports

TO All Internal Revenue Officers and Others Concerned

1. BACKGROUND

In the light of the current automated facilities adopted by this Bureau in order to
streamline, rationalize and expedite the functions and processes in the different revenue
offices, there are still certain manual procedures and corresponding reports that need to
be discharged by the revenue personnel as a matter of administrative compliance to
existing revenue issuances. However, due to the absence of available revenue personnel
and immediate attention to high priority activities, the level of compliance to these
prescribed procedures and reports was found to be notably low.

One of these manual procedures and reports that should be complied with by the
Revenue District Offices (RDOs) is the so called W7 and W8 Reports. Yet, after
reevaluation of the governing revenue issuances and the availability of information in the
Bureau's data warehouse, these reports may be considered irrelevant and can therefore be
dispensed with in order that the concerned revenue personnel of the RDOs can focus
their efforts towards the attainment of their tax collection targets.

11. AMENDATORY PROVISIONS

The preparation of Monthly Report on Registration and Remittance of Withholding


Taxes (Form No. W7) and the Accomplishment Report on Pre-Audited Withholding Tax
Returns (WTRs) (BIR Form No. W8) by all concerned Revenue District Offices,
including the concerned revenue offices under the Large Taxpayers Service, and its
subsequent submission to the Miscellaneous Operations Monitoring Division (formerly
Withholding Tax Division) of the Collection Service are hereby terminated.

In case of need for information that are otherwise available on the said reports, the
concerned Office under the Information Systems Group of this Bureau shall extract the
desired information, in so far as available in the Integrated Tax System or other
electronic systems or facilities of this Bureau, in coordination with the Miscellaneous
Operations Monitoring Division.
III. REPEALING CLAUSE

The pertinent provisions of Revenue Memorandum Order (RMC)) Nos. 23-86 and
RMO No. 55-94, and other applicable revenue issuances or portions thereof inconsistent
herewith are hereby amended or repealed accordingly.

IV. EFFECTIVITY

This Order shall take effect immediately.

CAESAR R. DULAY
Commissioner of Internal Revenue

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