December 28, 2016

BANK BULLETIN NO. 37-16

TO : All Authorized Agent Banks

SUBJECT : Over-the-Counter Acceptance of Tax Returns/Payments of

Internal Revenue Taxes

This has reference to the unavailability of this Bureau's Electronic Filing

and Payment Systems (eFPS) since December 26, 2016 for certain technical
problems/issues and the subsequent issuance of a tax advisory where all eFPS
taxpayers are advised to use the eBIRForms facility to file their tax returns and pay
the corresponding tax dues thru over-the-counter (thru cash, checks or debit) with
the concerned Authorized Agent Banks (AABs) where they are enrolled.

Considering the deadline for filing of BIR Form Nos. 2550Q, 2550M and
2551M fell on December 27, 2016, all AABs are hereby advised to accept
"over-the-counter" tax payments from these returns, without the corresponding
penalties for late filing until December 29, 2016, by all concerned taxpayers using
either BIR official printed forms, copies of system-generated Filing Reference
Number (FRN) or Tax Return Receipt Confirmation respectively generated by
eFPS and eBIRForms facility, photocopies/computer generated or electronically
filed tax returns.

For your guidance and strict compliance.

(SGD.) CAESAR R. DULAY

Commissioner of Internal Revenue

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 November 21, 2016

BANK BULLETIN NO. 33-16

TO : All BIR Authorized Agent Banks

SUBJECT : Sampaguita Savings Bank, Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept SAMPAGUITA SAVINGS BANK, INC. checks, as well as taxpayers'
checks drawn from the said Bank, in payment of internal revenue taxes. This
advisory is in view of the letter from Atty. Nilo Aldrin M. Lucinario, Vice
President, Receivership and Bank Management Group, Philippine Deposit
Insurance Corporation (PDIC) dated October 14, 2016 informing the Bureau of
Internal Revenue of the takeover and liquidation of SAMPAGUITA SAVINGS
BANK, INC. with office address at #10 J. Luna St., Brgy. Poblacion, City of San
Pedro, Laguna under Monetary Board Resolution No. 1808.A dated October 13,
2016. The bank has one (1) branch located at #131 A. Bonifacio St., Canlalay, City
of Biñan, Laguna.

For your guidance and strict compliance.

(SGD.) CAESAR R. DULAY

Commissioner of Internal Revenue

November 15, 2016

BANK BULLETIN NO. 32-16

TO : All BIR Authorized Agent Banks

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 SUBJECT : Community Rural Bank of Dingras (Ilocos Norte), Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept COMMUNITY RURAL BANK OF DINGRAS (ILOCOS NORTE),
INC. checks, as well as taxpayers' checks drawn from the said Bank, in payment of
internal revenue taxes. This advisory is in view of the letter of the Philippine
Deposit Insurance Corporation (PDIC) dated November 4, 2016 informing the
Bureau of Internal Revenue of the issuance of Monetary Board Resolution No.
1956.A dated November 3, 2016 which prohibited COMMUNITY RURAL
BANK OF DINGRAS (ILOCOS NORTE), INC. with Office address at Medina
St., cor. Puruganan St., Brgy. Madamba (Poblacion), Dingras, Ilocos Norte from
doing business in the Philippines and placed the same under receivership with the
PDIC as the designated Receiver. SDHTEC

The Bank has two (2) branches located at the following addresses:

Branches Address

Paoay Poblacion, Paoay, Ilocos Norte

Batac Delicia Center, Nalupta, City of Batac

For your guidance and strict compliance.

(SGD.) CAESAR R. DULAY

Commissioner of Internal Revenue

November 14, 2016

BANK BULLETIN NO. 31-16

TO : All BIR Authorized Agent Banks

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 SUBJECT : Rural Bank of Luna (Isabela), Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept RURAL BANK OF LUNA (ISABELA), INC. checks, as well as
taxpayers' checks drawn from the said Bank, in payment of internal revenue taxes.
This advisory is in view of the letter from Atty. Nilo Aldrin M. Lucinario, Vice
President, Receivership and Bank Management Group, Philippine Deposit
Insurance Corporation (PDIC) dated October 7, 2016 informing the Bureau of
Internal Revenue of the takeover and liquidation of RURAL BANK OF LUNA
(ISABELA), INC. with office address at Harana, Luna, Isabela under Monetary
Board Resolution No. 1777.A dated October 6, 2016. HSAcaE

For your guidance and strict compliance.

(SGD.) CAESAR R. DULAY

Commissioner of Internal Revenue

November 10, 2016

BANK BULLETIN NO. 30-16

TO : All Authorized Agent Banks

SUBJECT : Over-the-Counter Acceptance of Withholding Tax Returns

In view of the unavailability of this Bureau's Electronic Filing and Payment

System (EFPS) where all EFPS taxpayers cannot electronically pay today,
November 10, 2016, their respective withholding tax liabilities for the month of
October 2016 to the concerned Authorized Agent Banks (AABs) where they are
enrolled, all AABs are hereby advised to manually accept "over-the-counter" the
withholding tax returns under BIR Form Nos. 1600, 1601C, 1601E, 1601F, 1602
and 1606 being filed by taxpayers, together with the corresponding payments due

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 thereon, until the close of the banking hours of November 11, 2016 without
collecting the corresponding penalties for late payment.

For your guidance and compliance.

(SGD.) CAESAR R. DULAY

Commissioner of Internal Revenue

October 19, 2016

BANK BULLETIN NO. 29-16

TO : All BIR Authorized Agent Banks

SUBJECT : Electronic Mail Messages from Electronic Tax Information

System

The Bureau of Internal Revenue (BIR) has piloted the processing of

Consolidated Report of Daily Collection (CRDC) through its new Electronic Tax
Information System (eTIS) in selected BIR offices. In your electronic transmission
of the CRDC that are simultaneously processed in the old Integrated Tax System
(ITS) as well as in eTIS in piloted sites, you may be receiving electronic mail
(email) messages to the effect that the CRDC files you sent to the BIR were
rejected by the eTIS user, even if the same files have been accepted by the ITS.

In the meantime that the BIR is still in the process of verifying the reasons
for such rejections in the eTIS, thru its email address at [email protected], all
Authorized Agent Banks (AABs) are hereby advised to temporarily disregard the
email notifications on such rejections from eTIS until such time that a new bank
bulletin is issued by this Bureau for that purpose.

However, all AABs are hereby reminded that all email notifications on
CRDC file rejections by ITS, thru the email address
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 [email protected], shall be immediately addressed by the concerned
AABs and that the corrected CRDC files be resent to the same email address of the
BIR for uploading to the ITS. HESIcT

For your information and guidance.

(SGD.) CAESAR R. DULAY

Commissioner of Internal Revenue

October 18, 2016

BANK BULLETIN NO. 28-16

TO : All BIR Authorized Agent Banks

SUBJECT : Encoding of Correct Tax Type to the Limited Bank Data

Entry System

It has been observed that there are some Authorized Agent Banks (AABs)
that are encoding invalid tax and form types in the Limited Bank Data Entry
System (LBDES) resulting to the non-uploading of collection reports to this
Bureau's internal systems.

In view thereof, and in order to ensure that the correct tax and form types
are properly encoded in the LBDES, all AABs are hereby advised to update the
BIR forms in the forms codes table under the LBDES following the procedures
below: HTcADC

1. Request a soft copy of FORM.DBF file from the Systems

Development Division (SDD) through email address at
[email protected].

2. Save the soft copy of FORM.DBF in the Desktop. It shall be

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 ensured that the LBDES is closed before saving the copy of the
said file.

3. Copy the FORM.DBF file to C:\de011\DATA folder and click

"Yes" when asked to overwrite the file.

4. Open the Utilities -> Update Codes Table -> Forms in LBDES
to check the updated list of forms that were loaded in the
LBDES.

For any further queries on the above procedures you may contact Mr. Sean
Neil S. Sabado of this Bureau's SDD through telephone numbers 925-1966 or
981-7090.

All AABs are also reminded that, for corporate income tax returns (i.e., BIR
Form Nos. 1702RT, 1702EX, and 1702MX) received from the concerned
taxpayers, only the form type 1702 shall be selected/encoded in the list of forms in
the LBDES, the suffixes "RT," "EX" and "MX" must be disregarded.

All AABs are further reminded to refrain from adding/deleting or changing

forms in the form codes table in the LBDES without the corresponding BIR bank
advisory.

For your information and guidance. CAIHTE

(SGD.) CAESAR R. DULAY

Commissioner of Internal Revenue

September 26, 2016

BANK BULLETIN NO. 27-16

TO : All BIR Authorized Agent Banks

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 SUBJECT : Barclays Bank PLC Philippines Representative Office
Cessation of Business Operations

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept BARCLAYS BANK PLC Philippines Representative Office checks,
as well as taxpayers' checks drawn from the said Bank, in payment of internal
revenue taxes. This advisory is in view of the letter from Mr. Nestor A. Espenilla,
Jr., Deputy Governor, Bangko Sentral ng Pilipinas (BSP) dated August 23, 2016
informing the Bureau of Internal Revenue of the cessation of business operations
of BARCLAYS BANK PLC Philippines Representative Office with office
address at 28F Regus Center Tower 2, The Enterprise Center, 6766 Ayala Avenue
corner Paseo de Roxas 1226 Makati City under Monetary Board Resolution No.
1444 dated August 12, 2016.

For your guidance and strict compliance.

(SGD.) NESTOR S. VALEROSO

DCIR Operations Group
Officer-in-Charge

September 2, 2016

BANK BULLETIN NO. 26-16

TO : All BIR Authorized Agent Banks

SUBJECT : Maintenance of Minimum Amount of Bank Deposit Account

in Tax Payments for Electronic Filing and Payment System

It has come to the attention of this Office that, despite the express
prohibition prescribed under the provisions of previously issued Bank Bulletin
Nos. 2010-14 and 2011-33, there are still reports/complaints from concerned

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 taxpayers who are being required by certain Authorized Agent Banks (AABs) to
maintain a minimum deposit, or even in excess of the minimum amount for regular
deposit account, for bank accounts dedicated in the payment of taxes thru the
Electronic Filing and Payment System (eFPS).

In view thereof, it is hereby advised that such continuing practice by AABs

should be immediately discontinued and the same should not be committed in the
future, considering that the same is in violation of the said previously issued Bank
Bulletins, as well as the objective of this Bureau to provide the taxpaying public
utmost convenience in the payment of their taxes.

For your guidance and strict compliance.

(SGD.) CAESAR R. DULAY

Commissioner of Internal Revenue

September 1, 2016

BANK BULLETIN NO. 25-16

TO : All BIR Authorized Agent Banks

SUBJECT : Rural Bank of Cabadbaran (Agusan), Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept RURAL BANK OF CABADBARAN (AGUSAN), INC. checks, as
well as taxpayers' checks drawn from the said Bank, in payment of internal
revenue taxes. This advisory is in view of the letter of the Philippine Deposit
Insurance Corporation (PDIC) dated July 29, 2016 informing the Bureau of
Internal Revenue of the issuance of Monetary Board Resolution No. 1317 dated
July 28, 2016 which prohibited RURAL BANK OF CABADBARAN
(AGUSAN), INC. with Office address at Garame cor. Cabiltes Sts., City of
Cabadbaran, Agusan del Norte from doing business in the Philippines and placed
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 the same under receivership with the PDIC as the designated Receiver.

The Bank has three (3) branches located at the following addresses:

Branches Address
Butuan San Francisco St., Butuan City
Cagayan de Oro Cagayan de Oro City
Micro Banking Office Mootumul St., Gingoog City

For your guidance and strict compliance.

(SGD.) CAESAR R. DULAY

Commissioner of Internal Revenue

August 30, 2016

BANK BULLETIN NO. 24-16

TO : All BIR Authorized Agent Banks

SUBJECT : Rural Bank of Claveria (Cagayan), Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept RURAL BANK OF CLAVERIA (CAGAYAN), INC. checks, as well
as taxpayers' checks drawn from the said Bank, in payment of internal revenue
taxes. This advisory is in view of the letter of the Philippine Deposit Insurance
Corporation (PDIC) dated August 19, 2016 informing the Bureau of Internal
Revenue of the issuance of Monetary Board Resolution No. 1464.A dated August
18, 2016 which prohibited RURAL BANK OF CLAVERIA (CAGAYAN), INC.
with office address at #43 Gen. Claveria St., Brgy. Centro III, Claveria, Cagayan
from doing business in the Philippines and placed the same under receivership with
the PDIC as the designated Receiver.
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 For your guidance and strict compliance.

(SGD.) CAESAR R. DULAY

Commissioner of Internal Revenue

July 27, 2016

BANK BULLETIN NO. 23-16

TO : All BIR Authorized Agent Banks

SUBJECT : Timely Transmission of Accurate Tax Payment Details

In line with the current administration's thrust for a more expeditious

delivery of public service by all government agencies, this Bureau is streamlining
the processes in the issuance of certificates/clearances relative to the applications
filed by all concerned taxpayers requiring prior validation by this Bureau of taxes
paid by these taxpayers-applicants.

To ensure that all taxes collected from taxpayers are readily available for
viewing in the Bureau's Integrated Tax System/Electronic Tax Information System
(ITS/eTIS) so that the same can be used for validation/verification by all concerned
revenue district offices, all Authorized Agent Banks (AABs) shall strictly comply
with their obligations on the timely transmission of collection reports prescribed
under the provisions of their respective Memorandum of Agreement (MOA) with
the Bureau of Internal Revenue (BIR) and Bureau of the Treasury (BTr), as
implemented by the existing revenue issuances.

By way of reiteration, all tax payment details contained in the daily Batch
Control Sheets (BCS) shall be transmitted, through email or the Electronic Data
Transmission System (EDTS), to the concerned BIR Data Centers within forty
eight (48) hours from receipt of tax payments made by the taxpayers, pursuant to

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 the provisions of Revenue Memorandum Order No. 11-2008. Moreover, the
electronic Consolidated Report of Daily Collection (CRDC) shall be transmitted to
this Bureau, thru email, by the AAB-Head Offices at its email address
[email protected], within five (5) days from the date of receipt of tax collections,
pursuant to the same provisions of the MOA. Accordingly, in cases where issues
and concerns on the timely transmission of accurate tax payment details shall arise,
the immediate resolution thereof shall be given utmost priority, preferably within
the day when such issues are raised to the AAB's attention by the concerned
revenue offices.

In case of failure to comply with the foregoing provisions of this Bulletin,

the imposition of the applicable penalties and/or sanctions prescribed under
existing laws and implementing rules and regulations shall be strictly enforced by
this Bureau.

For your guidance and strict compliance. CAIHTE

(SGD.) CAESAR R. DULAY

Commissioner of Internal Revenue

July 18, 2016

BANK BULLETIN NO. 22-16

TO : All BIR Authorized Agent Banks

SUBJECT : Rural Bank of Siaton (Siaton, Negros Oriental), Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept RURAL BANK OF SIATON (SIATON, NEGROS ORIENTAL),
INC. checks as well as taxpayers' checks drawn from the said Bank, in payment of
internal revenue taxes. This advisory is in view of the letter of the Philippine
Deposit Insurance Corporation (PDIC) dated July 8, 2016 informing the Bureau of
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 Internal Revenue of the issuance of Monetary Board Resolution No. 1202.A dated
July 7, 2016 which prohibited RURAL BANK OF SIATON (SIATON,
NEGROS ORIETAL), INC. with office address at Km. 50, National Highway,
Brgy. Poblacion, Siaton, Negros Oriental from doing business in the Philippines
and placed the same under receivership with the PDIC as the designated Receiver.
aScITE

For your guidance and strict compliance.

(SGD.) CAESAR R. DULAY

Commissioner of Internal Revenue

July 5, 2016

BANK BULLETIN NO. 21-16

TO : All BIR Authorized Agent Banks

SUBJECT : New Rural Bank of Binalbagan (Negros Occidental), Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept NEW RURAL BANK OF BINALBAGAN (NEGROS
OCCIDENTAL), INC. checks as well as taxpayers' checks drawn from the said
Bank, in payment of internal revenue taxes. This advisory is in view of the letter of
the Philippine Deposit Insurance Corporation (PDIC) dated June 10, 2016
informing the Bureau of Internal Revenue of the issuance of Monetary Board
Resolution No. 1002.A dated June 9, 2016 which prohibited NEW RURAL
BANK OF BINALBAGAN (NEGROS OCCIDENTAL), INC. with office
address at National Highway, Brgy. Progreso, Binalbagan, Negross Occidental
from doing business in the Philippines and placed the same under receivership with
the PDIC as the designated Receiver. DETACa

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 For your guidance and strict compliance.

(SGD.) CAESAR R. DULAY

Commissioner of Internal Revenue

June 27, 2016

BANK BULLETIN NO. 20-16

TO : All BIR Authorized Agent Banks

SUBJECT : Electronic Submission of the Dishonored Check Details in

Comma Separated Value Format and the Encoding of
Payments Details in the Limited Bank Data Entry System
(LBDES)

In Bank Bulletin No. 2012-03 dated January 24, 2012, all Authorized Agent
Banks (AABs) are required to electronically submit the Dishonored Check (DC)
details in Comma Separated Value (CSV) format. In connection thereto and in
order to ensure proper reporting of the DC details to the Bureau's Electronic Tax
Information System (eTIS), all AABs are hereby advised to use the reasons for
dishonored checks listed in Annex "A" hereof in preparing the said required CSV
format for the electronic submission of DC details.

Likewise, with the implementation of the splitting of some Revenue District

Offices (RDOs), it has been observed that there are some AABs that continue to
use the old RDO Codes for encoding in the LDBES. This practice was identified as
one of the reasons for the non-uploading of AAB collection reports to the Bureau's
Integrated Tax System (ITS)/eTIS. HEITAD

In view thereof, all AABs are hereby advised to use the updated RDO
Codes for the following RDOs in the encoding of payment details in the LBDES so

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 that the collection reports can be uploaded to the ITS/eTIS:

Old RDO No./Name New RDO No./Name

RDO No. 17-Tarlac City RDO No. 17A-Tarlac City, Tarlac
RDO No. 17B-Paniqui, Tarlac
RDO No. 21-San Fernando, Pampanga RDO No. 21A-North Pampanga
RDO No. 21B-South Pampanga
RDO No. 23-Cabanatuan City RDO No. 23A-North Nueva Ecija
RDO No. 23B-South Nueva Ecija
RDO No. 25-Plaridel, Bulacan RDO No. 25A-Plaridel, Bulacan
RDO No. 25B-Sta. Maria, Bulacan
RDO No. 43-Pasig City RDO No. 43A-East Pasig
RDO No. 43B-West Pasig
RDO No. 53-Las Piñas-Muntinlupa City RDO No. 53A-Las Piñas City
RDO No. 53B-Muntinlupa City
RDO No. 54-Trece Martirez City RDO No. 54A-Trece Martirez City
RDO No. 54B-Bacoor, Cavite
RDO No. 93-Zamboanga City RDO No. 93A-Zamboanga City
RDO No. 93B-Zamboanga Sibugay
RDO No. 113-Davao City RDO No. 113-West Davao City
RDO No. 132-East Davao City

It is further advised, that the AABs may request for the latest installer from
our Revenue Data Centers for the updated version of the LBDES.

For your information and guidance. aDSIHc

(SGD.) KIM S. JACINTO-HENARES

Commissioner of Internal Revenue

ANNEX A

Reason for Dishonored Check

1 Accommodation Check

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 2 Account Closed

3 Amount Differs per Advice

4 Amount in Words and Figures Differ

5 Amount in Words and Figures Illegible

6 Amount in Words/Figures Missing

7 Cancelled Check

8 Check with Multiple Alterations/Erasures

9 Date Missing

10 Deactivated Drawee Bank (Closed Bank)

11 Deceased Depositor

12 Dormant Account

13 Drawn Against Insufficient Funds (DAIF)

14 Drawn Against Uncollected Deposit (DAUD)

15 Forged Endorsement

16 Mutilated Check

17 No Advice on File

18 Out of Date (i.e., Feb. 30, April 31, June 31)

19 Out-of-town Check

20 Payee Missing

21 Payment Stopped/Stop Payment Order

22 Post Dated Check

23 Second Endorsed Check

24 Signature Differ from Specimen

25 Signature Exceeds Limit

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 26 Signature Not on File

27 Signature of Authority to Sign Expired

28 Spurious Check ATICcS

29 Stale Check

30 Third Presentment

31 Two or More Signatures Required

32 Under Garnishment/Account under dispute

33 Unmatched Check Number

34 Unposted Transactions/Reject-Repass

35 Unsigned Alteration

36 Unsigned Check

37 Wrong Signature Combination

June 20, 2016

BANK BULLETIN NO. 19-16

TO : All BIR Authorized Agent Banks

SUBJECT : Comsavings Bank with Trade Name GSIS Family Bank (A

Thrift Bank)

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept COMSAVINGS BANK with trade name GSIS FAMILY BANK (A
Thrift Bank) checks as well as taxpayers' checks drawn from the said Bank, in
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 payment of internal revenue taxes. This advisory is in view of the letter of the
Philippine Deposit Insurance Corporation (PDIC) dated May 16, 2016 informing
the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No.
826.A dated May 13, 2016 which prohibited COMSAVINGS BANK with trade
name GSIS FAMILY BANK (A Thrift Bank) with office address at 2/F AIC
Grande Tower, Ortigas Center, Garnet Rd., Brgy. San Antonio, City of Pasig from
doing business in the Philippines and placed the same under receivership with the
PDIC as the designated Receiver. ETHIDa

The bank has twenty-one (21) branches located at the following addresses:

Branches Address
Kalayaan 1206 Kalayaan Avenue (Imelda Ave.), Brgy. Guadalupe
Nuevo, City of Makati
La Huerta 0452 Quirino Ave., Brgy. La Huerta, City of Parañaque
Poblacion 123 P. Diego Cera Ave., Brgy. Daniel Fajardo, City of Las
Piñas
Novaliches 896 Quirino Highway, Brgy. Gulod, 2nd District, Quezon
City
Muntinlupa National Road, Brgy. Poblacion, City of Muntinlupa
Talon Louis Bldg., 383 Alabang-Zapote Road, Brgy. Talon I, City
of Las Piñas
Pasig 111 G/F Framar Bldg., A. Mabini St., Brgy. Kapasigan,
City
of Pasig
Bacoor-Aguinaldo Bacoor Public Market, Aguinaldo Highway, Zapote, Bacoor
Highway City
Cavite City P. Burgos & Molina Sts., Caridad, Cavite City
Imus G/F Purificacion Bldg., Aguinaldo Highway, Imus City
Noveleta Cor. National Road & Alvarez St., Poblacion, Noveleta,
Cavite
Tanza 3 Sta. Cruz St., Tanza Cavite
Gen. Trias Poblacion, General Trias, Cavite
Naic 31 Jocson Bldg., Poblete St., Naic, Cavite
Rosario #397 Marsiella St., Rosario, Cavite
Binakayan (MS) Binakayan, Kawit, Cavite

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 Bacoor 12 Evangelista St., Poblacion, Bacoor City
Dasmariñas RCVJ Bldg., Don Placido Campos Ave., City of
Dasmariñas
Pulilan Doña Remedios Trinidad Highway, Brgy. Cutcot, Pulilan,
Bulacan
Biñan A. Mabini St., Poblacion, City of Biñan
Calamba J.P. Rizal St., Lopez Jaena St., City of Calamba

For your guidance and strict compliance. TIADCc

KIM S. JACINTO-HENARES
Commissioner of Internal Revenue

May 27, 2016

BANK BULLETIN NO. 18-16

TO : All BIR Authorized Agent Banks

SUBJECT : Sumitomo Mitsui Banking Corporation-Manila

Representative Office (SMBC-Manila Representative
Office)-Cessation of Business Operations

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept SUMITOMO MITSUI BANKING CORPORATION-Manila
Representative Office (SMBC-Manila Representative Office) checks as well as
taxpayers' checks drawn from the said Bank, in payment of internal revenue taxes.
This advisory is in view of the letter from Mr. Nestor A. Espenilla, Jr., Deputy
Governor, Bangko Sentral ng Pilipinas (BSP) dated May 11, 2016 informing the
Bureau of Internal Revenue of the cessation of the business operations of
SUMITOMO MITSUI BANKING CORPORATION-Manila Representative

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 Office (SMBC-Manila Representative Office) with office address at 21st Floor,
Tower One & Exchange Plaza, Ayala Triagle, Ayala Avenue, 1226 Makati City
under Monetary Board Resolution No. 767 dated April 28, 2016. cSEDTC

For your guidance and strict compliance.

(SGD.) KIM S. JACINTO-HENARES

Commissioner of Internal Revenue

May 20, 2016

BANK BULLETIN NO. 17-16

TO : All BIR Authorized Agent Banks

SUBJECT : Rural Bank of Amadeo (Cavite), Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept RURAL BANK OF AMADEO (CAVITE), INC. checks as well as
taxpayers' checks drawn from the said Bank, in payment of internal revenue taxes.
This advisory is in view of the letter of the Philippine Deposit Insurance
Corporation (PDIC) dated May 13, 2016 informing the Bureau of Internal Revenue
of the issuance of Monetary Board Resolution No. 827.A dated May 13, 2016
which prohibited RURAL BANK OF AMADEO (CAVITE), INC. with Head
Office address at 111 A. Mabini St., Brgy. 1 (Pob.), Amadeo, Cavite from doing
business in the Philippines and placed the same under receivership with the PDIC
as the designated Receiver. AIDSTE

For your guidance and strict compliance.

(SGD.) KIM S. JACINTO-HENARES

Commissioner of Internal Revenue
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 May 12, 2016

BANK BULLETIN NO. 16-16

TO : All BIR Authorized Agent Banks

SUBJECT : Surigao City Evergreen Rural Bank, Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept SURIGAO CITY EVERGREEN RURAL BANK, INC. checks as
well as taxpayers' checks drawn from the said Bank, in payment of internal
revenue taxes. This advisory is in view of the letter of the Philippine Deposit
Insurance Corporation (PDIC) dated April 15, 2016 informing the Bureau of
Internal Revenue of the issuance of Monetary Board Resolution No. 647 dated
April 14, 2016 which prohibited SURIGAO CITY EVERGREEN RURAL
BANK, INC. with Head Office address at 03337 Borromeo St., Surigao City, from
doing business in the Philippines and placed the same under receivership with the
PDIC as the designated Receiver.

For your guidance and strict compliance.

(SGD.) KIM S. JACINTO-HENARES

Commissioner of Internal Revenue

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 April 21, 2016

BANK BULLETIN NO. 15-16

TO : All BIR Authorized Agent Banks

SUBJECT : Cathay United Bank, Co., Ltd.-Manila Representative

Office (CUBI)

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept CATHAY UNITED BANK CO., LTD.-Manila Representative Office
(CUBI) checks, as well as taxpayers' checks drawn from the said Bank, in payment
of internal revenue taxes. This advisory is in lieu of the letter from Mr. Nestor A.
Espenilla, Jr., Deputy Governor of the Bangko Sentral ng Pilipinas (BSP) dated
March 30, 2016 informing the Bureau of Internal Revenue, of the cessation of
business operations of CATHAY UNITED BANK CO., LTD.-Manila
Representative Office (CUBI) with office address at 5th Flr. Citibank Center
8741 Paseo de Roxas, Makati City under Monetary Board Resolution No. 492
dated March 17, 2016.

For your guidance and strict compliance.

(SGD.) KIM S. JACINTO-HENARES

Commissioner of Internal Revenue

April 21, 2016

BANK BULLETIN NO. 14-16

TO : All BIR Authorized Agent Banks

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 SUBJECT : ABN Amro Bank, N.V.-Offshore Banking Unit
(ABNAM-OBU)

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept ABN AMRO BANK, N.V.-OFFSHORE BANKING UNIT
(ABNAM-OBU) checks, as well as taxpayers' checks drawn from the said Bank,
in payment of internal revenue taxes. This advisory is in view of the letter from
Mr. Nestor A. Espenilla, Jr., Deputy Governor, Bangko Sentral ng Pilipinas
(BSP) dated March 18, 2016 informing the Bureau of Internal Revenue the
cessation of operations of ABN AMRO BANK, N.V.-OFFSHORE BANKING
UNIT (ABNAM-OBU) with office address at 18th Floor, LKG Tower 6801 Ayala
Avenue, Makati City under Monetary Board Resolution No. 411 dated March 3,
2016.

For your guidance and strict compliance.

(SGD.) KIM S. JACINTO-HENARES

Commissioner of Internal Revenue

April 6, 2016

BANK BULLETIN NO. 13-16

TO : All BIR Authorized Agent Banks

SUBJECT : Rural Bank of Koronadal (South Cotabato), Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept KORONADAL RURAL BANK (SOUTH COTABATO), INC.
checks as well as taxpayers' checks drawn from the said Bank, in payment of
internal revenue taxes. This advisory is in view of the letter of the Philippine
Deposit Insurance Corporation (PDIC) dated March 11, 2016 informing the

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 Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 428
dated March 10, 2016 which prohibited KORONADAL RURAL BANK
(SOUTH COTABATO), INC. with Head Office address at Alunan Avenue,
Koronadal City, South Cotabato from doing business in the Philippines and placed
the same under receivership with the PDIC as the designated Receiver.

The Bank has two (2) branches located in the following addresses:

Branch Address
Gen. Luna General Luna, Digos City
Sto. Niño Sto. Niño, Koronadal City

For your guidance and strict compliance.

(SGD). KIM S. JACINTO-HENARES

Commissioner of Internal Revenue

April 6, 2016

BANK BULLETIN NO. 12-16

TO : All BIR Authorized Agent Banks

SUBJECT : Rural Bank of Bayawan (Negros Oriental), Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept RURAL BANK OF BAYAWAN (NEGROS ORIENTAL), INC.
checks as well as taxpayer's checks drawn from the said Bank, in payment of
internal revenue taxes. This advisory is in view of the letter of the Philippine
Deposit Insurance Corporation (PDIC) dated February 26, 2016 informing the
Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 320
dated February 24, 2016 which prohibited RURAL BANK OF BAYAWAN

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 (NEGROS ORIENTAL), INC. with office address at No. 807 H. Bollos Sr. St.,
6221 Bayawan City, Negros Oriental from doing business in the Philippines and
placed the same under receivership with the PDIC as the designated Receiver.

For your guidance and strict compliance.

(SGD.) NELSON M. ASPE

Deputy Commissioner-Operations Group
Officer-in-Charge

April 5, 2016

BANK BULLETIN NO. 11-16

TO : All BIR Authorized Agent Banks

SUBJECT : Rural Bank of Malinao (Aklan), Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept RURAL BANK OF MALINAO (AKLAN), INC. checks, as well as
taxpayers' checks drawn from the said Bank, in payment of internal revenue taxes.
This advisory is in view of the letter of the Philippine Deposit Insurance
Corporation (PDIC) dated March 23, 2016 informing the Bureau of Internal
Revenue of the issuance of Monetary Board Resolution No. 510 dated March 22,
2016 which prohibited RURAL BANK OF MALINAO (AKLAN), INC. with
office address at San Juan St., Brgy. Poblacion, Malinao, Aklan from doing
business in the Philippines and placed the same under receivership with the PDIC
as the designated Receiver.

The Bank has five (5) branches located at the following addresses:

Branch Address

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 Cabatuan Bermejo St., Poblacion, Cabatuan, Iloilo
Kalibo-OBO 19 Martyrs St., Brgy. Poblacion, Kalibo, Aklan
Madalag-OBO Madalag Public Market, Poblacion, Madalag, Aklan
Malay-OBO National Road, Brgy. Caticlan, Malay, Aklan
Tangalan-OBO National Highway, Poblacion, Tangalan, Aklan

For your guidance and strict compliance.

(SGD.) NELSON M. ASPE

Deputy Commissioner-Operations Group
Officer-in-Charge

March 16, 2016

BANK BULLETIN NO. 09-16

TO : All BIR Authorized Agent Banks

SUBJECT : Implementation of Certain Policies in the Acceptance of

Income Tax Returns during the 2016 Income Tax Filing
Period

In response to the needs of the taxpaying public during this income tax
filing season, all Authorized Agent Banks of the Bureau of Internal Revenue
(BIR-AABs) must undertake the following interim measures from April 1 to April
15, 2016:

1. Extension of banking hours for acceptance of tax payments up

to 5:00 o'clock in the afternoon;

2. Opening of bank operations for two (2) Saturdays prior to April

15, 2016 (i.e., March 19 and April 2, 2016) pursuant to Bank
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 Bulletin No. 2016-05 dated February 10, 2016; and

3. Opening of additional counters and assignment of additional

personnel to ensure prompt servicing of all taxpayers.

Likewise, in order to streamline the front-end processing and speed up the

transaction processing time, the BIR allows the following simplified policies and
procedures which shall also be in effect from March 19, 2016 up to April 15, 2016:

1. All income tax returns accepted on March 19, 2016 and April 2,
2016 shall be validated on the date of actual collection but the
same shall be reported in the Batch Control Sheet (BCS) as
collection for the following working day, March 21, 2016 and
April 4, 2016, respectively. The remittance of the tax
collections and the submission of the BCS, together with the
supporting income tax returns and attachments shall be in
accordance with the existing procedures.

2. Two or more checks and/or combination of cash and check/s

may be accepted in payment for a single tax liability, provided
that the said checks are in accordance with the provisions of
Revenue Regulations No. 16-2002.

3. Pursuant to Revenue Memorandum Order (RMO) No. 6-2010

dated January 19, 2010, as amended by RMO No. 13-2010
dated February 3, 2010 and RMO No. 13-2011 dated March 16,
2011, all AABs are reminded that:

3.1. All AABs shall receive the income tax returns by

stamping the official receiving seal on the space
provided for in the three (3) copies of the return, whether
or not the taxpayer is under the jurisdiction of a regional
office with Document Processing Division (DPD). Any
copy of the return in excess of three (3) copies shall not
be stamped "RECEIVED" by the AAB. However, in the
case of corporations and other juridical persons covered
by BIR Form No. 1702, there shall be stamped
"RECEIVED" in at least two (2) extra copies of the
audited financial statements for filing with the Securities
and Exchange Commission (SEC);

3.2. The attached financial statements to the income tax

returns shall be stamped "RECEIVED" only on the page

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 of the Audit Certificate, the Balance Sheet, and the
Income Statement pursuant to RMO No. 13-2010 and
the Memorandum of Agreement executed between the
SEC and the BIR on February 17, 2010. The other pages
of the financial statements and its attachments need not
anymore be stamped "RECEIVED."

4. All AABs are reminded that in the preparation of the Batch

Control Sheets (BCS) using the Limited Bank Data Entry
System (LBDES) for corporate income tax returns, only the
form type code of 1702 should be reflected in the said report
and the suffixes "RT", "EX" and "MX" must be disregarded
pursuant to Bank Bulletin No. 2014-06.

5. All AABs shall ensure that the pertinent portion of the income
tax returns and/or deposit slips are machine-validated and the
details of tax payments should be clearly imprinted in all the
copies thereof.

6. All AABs should accept photocopied or

electronic/computer-generated income tax returns, in lieu of the
officially printed forms, provided that the said forms are
originally filled-out and signed by the taxpayer or his/her/its
duly authorized representative; provided further, that the said
income tax forms are printed in format prescribed in Revenue
Memorandum Order No. 24-2013 dated September 11, 2013
[printed in folio size bond paper (8.5" x 13") for all tax forms
except for the annual income tax returns (BIR Form Nos.
1700, 1701 and 1702) which shall be printed using the A4 size
bond paper (8.27" x 11.69"); portrait orientation/layout; and
page set up margins shall be Left: 0.146, Right: 0.148, Top:
0.14, Bottom: 0.14 inches].

7. All AABs are also reminded of the following Bank advisories:

7.1. Bank Bulletin No. 2016-05 issued on February 10, 2016,

for the extension of the banking hours up to 5:00 PM for
the period April 1 to April 15, 2016. All AABs shall not
refuse accepting tax payments from taxpayers who are
already within the banks' premises by the close of the
said extended banking hours during the said period. CAIHTE

7.2. Bank Bulletin No. 2015-06 issued on April 17, 2015,

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 advising all AABs to accept all tax payments being made
by the taxpayers using whether BIR official printed
forms, copies of system generated Filing Reference
Numbers (FRNs), photocopied/computer generated or
electronically filed tax returns whether or not these are
accompanied with complete attachments.

7.3. Bank Bulletin No. 2009-23 issued on April 7, 2009,

relative to the acceptance and reporting of tax returns
filed with check payments made by the taxpayers after
the AAB's cut-off/clearing time.

8. All AABs are also reminded on the following AAB obligations

provided in the Memorandum of Agreement among the AAB,
the BIR and the Bureau of Treasury:

8.1. Not to set up limits as to the number of tax forms and

taxpayers to be serviced;

8.2. Not to designate any particular hour/day for the

acceptance of tax payments during the regular and/or
extended banking hours; and

8.3. Not to require opening of deposit/accounts as a

pre-requisite in accepting tax payments.

9. Pursuant to Revenue Memorandum Circular No. 15-2014 dated

March 3, 2014, all AABs are reminded that the filing anywhere
of the Annual Income Tax Returns (BIR Form Nos. 1700 and
1701) as well as the payment of taxes due thereon of the
following government officials and employees shall no longer
be allowed:

9.1. Members of the Armed Forces of the Philippines (AFP);

9.2. Members of the Philippine National Police (PNP); and

9.3. Public School Teachers/Professors/Instructors.

Please be reminded that equal treatment for filing and paying taxpayers,
whether or not they are regular clients of the receiving AAB branch, shall at times
be observed.

For the guidance and strict compliance of all concerned.

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 (SGD.) KIM S. JACINTO-HENARES
Commissioner of Internal Revenue

March 16, 2016

BANK BULLETIN NO. 08-16

TO : All BIR Authorized Agent Banks

SUBJECT : Rural Bank of Panay, Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept RURAL BANK OF PANAY, INC. checks, as well as taxpayers' checks
drawn from the said Bank, in payment of internal revenue taxes. This advisory is in
view of the letter of the Philippine Deposit Insurance Corporation (PDIC) dated
March 11, 2016 informing the Bureau of Internal Revenue of the issuance of
Monetary Board Resolution No. 427.A dated March 10, 2016 which prohibited
RURAL BANK OF PANAY, INC. with office address at Poblacion Ilaya, Panay,
Capiz from doing business in the Philippines and placed the same under
receivership with the PDIC as the designated Receiver. HTcADC

(SGD.) KIM S. JACINTO-HENARES

Commissioner of Internal Revenue

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 March 15, 2016

BANK BULLETIN NO. 07-16

TO : All BIR Authorized Agent Banks

SUBJECT : Rural Bank of Basay (Negros Oriental), Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept RURAL BANK OF BASAY (NEGROS ORIENTAL), INC. checks,
as well as taxpayers' checks drawn from the said Bank, in payment of internal
revenue taxes. This advisory is in view of the letter of the Philippine Deposit
Insurance Corporation (PDIC) dated March 04, 2016 informing the Bureau of
Internal Revenue of the issuance of Monetary Board Resolution No. 370.A dated
March 3, 2016 which prohibited RURAL BANK OF BASAY (NEGROS
ORIENTAL), INC. with office address at 525 South Pacific Bldg., Gov. M.
Perdices St., Dumaguete City, Negros Oriental from doing business in the
Philippines and placed the same under receivership with the PDIC as the
designated Receiver.

(SGD.) KIM S. JACINTO-HENARES

Commissioner of Internal Revenue

February 18, 2016

BANK BULLETIN NO. 06-16

TO : All BIR Authorized Agent Banks

SUBJECT : Lapu-Lapu Rural Bank, Inc.

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 Effective immediately, all Authorized Agent Banks are hereby advised not
to accept LAPU-LAPU RURAL BANK, INC. checks as well as taxpayers'
checks drawn from the said Bank, in payment of internal revenue taxes. This
advisory is in view of the letter of the Philippine Deposit Insurance Corporation
(PDIC) dated January 29, 2016 informing the Bureau of Internal Revenue of the
issuance of Monetary Board Resolution No. 121 dated January 28, 2016 which
prohibited LAPU-LAPU RURAL BANK, INC. with Head Office address at Sta.
Catalina St., Brgy. Poblacion II, Carcar City, Cebu from doing business in the
Philippines and placed the same under receivership with the PDIC as the
designated Receiver.

For your guidance and strict compliance.

(SGD.) KIM S. JACINTO-HENARES

Commissioner of Internal Revenue

February 10, 2016

BANK BULLETIN NO. 05-16

TO : All Authorized Agent Banks

SUBJECT : Acceptance of Tax Returns/Payments of Internal Revenue

Taxes by Authorized Agent Banks (AABs) on March 19,
2016 and April 02, 2016, Saturdays, and Extension of
Banking Hours up to 5:00 P.M. for the Period April 1 to
April 15, 2016

In accordance with the provisions of the Memorandum of Agreement

executed by the Authorized Agent Banks (AABs), the Bureau of Internal Revenue
(BIR) and the Bureau of Treasury (BTR), more particularly item 2.1.2 of the bank
obligations which states that:

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 "The AAB shall:

1. ...

2. ...

2.1.1 . . .

2.1.2 To open bank operations two (2) Saturdays

immediately prior to April 15 of every year and extend
banking hours from 3:00 P.M. to 5:00 P.M. form
April 1 to income tax payment deadline:"

all AABs are hereby reminded to accept tax payments on March 19, 2016 and
April 02, 2016, in lieu of March 26, 2016 and April 09, 2016, which were declared
Special/Non Working Day (Black Saturday) and Regular Holiday (Araw ng
Kagitingan), respectively, as well as to extend the banking hours up to 5:00 P.M.
for the period from April 1 to April 15, 2016 for purposes of accepting tax
payments. HTcADC

For your guidance and strict compliance.

(SGD.) KIM S. JACINTO-HENARES

Commissioner of Internal Revenue

February 9, 2016

BANK BULLETIN NO. 04-16

TO : All BIR Authorized Agent Banks

SUBJECT : Rural Bank of Buguias (Benguet), Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
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 to accept RURAL BANK OF BUGUIAS (BENGUET), INC. checks as well as
taxpayers' checks drawn from the said Bank, in payment of internal revenue taxes.
This advisory is in view of the letter of the Philippine Deposit Insurance
Corporation (PDIC) dated October 26, 2015 informing the Bureau of Internal
Revenue of the issuance of Monetary Board Resolution No. 1704 dated October
22, 2015 which prohibited RURAL BANK OF BUGUIAS (BENGUET), INC.
with Head Office address at Abatan, Buguias, Benguet from doing business in the
Philippines and placed the same under receivership with the PDIC as the
designated Receiver.

The Bank has Five (5) branches located in the following addresses:

BANK BRANCH BANK ADDRESS

Bauko Bauko, Mt. Province
Tadian Tadian, Mt. Province
Kabayan Kabayan, Benguet
La Trinidad Pico, La Trinidad, Benguet
Cervantes Brgy. Rosario, Cervantes, Ilocos Sur

For your guidance and strict compliance.

(SGD.) KIM S. JACINTO-HENARES

Commissioner of Internal Revenue

January 15, 2016

BANK BULLETIN NO. 03-16

TO : All BIR Authorized Agent Banks

SUBJECT : Rural Bank of Caba (La Union), Inc.

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 Effective immediately, all Authorized Agent Banks are hereby advised not
to accept RURAL BANK OF CABA (LA UNION), INC. checks as well as
taxpayers' checks drawn from the said Bank, in payment of internal revenue taxes.
This advisory is in view of the letter of the Philippine Deposit Insurance
Corporation (PDIC) dated December 11, 2015 informing the Bureau of Internal
Revenue of the issuance of Monetary Board Resolution No. 2004 dated December
10, 2015 which prohibited RURAL BANK OF CABA (LA UNION), INC. with
Office Address at Poblacion Sur, Caba, La Union from doing business in the
Philippines and placed the same under receivership with the PDIC as the
designated Receiver.

For your guidance and strict compliance.

(SGD.) KIM S. JACINTO-HENARES

Commissioner of Internal Revenue

January 13, 2016

BANK BULLETIN NO. 02-16

TO : All BIR Authorized Agent Banks

SUBJECT : Rural Bank of Villaviciosa (Abra), Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept RURAL BANK OF VILLAVICIOSA (ABRA), INC. checks as well
as taxpayers' checks drawn from the said Bank, in payment of internal revenue
taxes. This advisory is in view of the letter of the Philippine Deposit Insurance
Corporation (PDIC) dated January 8, 2016 informing the Bureau of Internal
Revenue of the issuance of Monetary Board Resolution No. 4 dated January 7,
2016 which prohibited RURAL BANK OF VILLAVICIOSA (ABRA), INC.
with Office Address at Provincial Road, Poblacion, Villaciosa, Abra from doing
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 business in the Philippines and placed the same under receivership with the PDIC
as the designated Receiver.

For your guidance and strict compliance.

(SGD.) KIM S. JACINTO-HENARES

Commissioner of Internal Revenue

January 12, 2016

BANK BULLETIN NO. 01-16

TO : All BIR Authorized Agent Banks

SUBJECT : Peñafrancia Rural Bank of Calabanga (Camarines Sur),

Inc.

Effective immediately, all Authorized Agent Banks are hereby advised not
to accept PEÑAFRANCIA RURAL BANK OF CALABANGA (CAM. SUR),
INC. checks as well as taxpayers' checks drawn from the said Bank, in payment of
internal revenue taxes. This advisory is in view of the letter of the Philippine
Deposit Insurance Corporation (PDIC) dated December 11, 2015 informing the
Bureau of Internal Revenue of the issuance of Monetary Board Resolution No.
2003 dated December 10, 2015 which prohibited PEÑAFRANCIA RURAL
BANK OF CALABANGA (CAM. SUR), INC. with Office Address at Del
Carmen St. Calabanga, Camarines Sur from doing business in the Philippines and
placed the same under receivership with the PDIC as the designated Receiver. HTcADC

For your guidance and strict compliance.

(SGD.) KIM S. JACINTO-HENARES

Commissioner of Internal Revenue
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Copyright 2017 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Taxation Encyclopedia Third Release 2017 37