Tax Alert No. 51 [Revenue Memorandum Order (RMO) No. 43-2022 dated 29 September 2022]

Prescribing the Policies, Guidelines and Procedures in the Issuance and Use of Notice to Issue Receipt/Invoice (NIRI) Pursuant to Revenue Regulations (RR) No. 10-2019 

RMO No. 43-2022 has been issued to prescribe the policies, guidelines and procedures in the  issuance and use of NIRI to the following pursuant to RR No. 10-2019:

1. New Business Registrants head office and branches by the Revenue District office (RDO) where the taxpayer is registered. 
   
2. Online sellers and merchants, vloggers, social media influencers, online content creators earning income from the platform and/or advertising.
   

The following policies are likewise provided in this RMO:

• The "Ask for Receipt" Notice previously issued by the RDO/Large Taxpayers Division to registered business taxpayers based on RR No. 7-2005 shall still be valid until 30 June 2023, and it shall be replaced through staggered issuance of NIRI to the existing business registrants based on the ending digit of the Taxpayer Identification Number (TIN), to wit:

• All registered business taxpayers requesting for the replacement of their old "Ask for Receipt" Notice are required to update their registration information before the release of NIRI. A designated official company email address shall be required, which shall be used by the Bureau of Internal Revenue (BIR) in serving its orders, notices, letters, communications and other processes to taxpayers. 

The policies, detailed guidelines and procedures affecting the various offices within the BIR are also discussed in this RMO.

 You may access the full version of this issuance through the BIR website.