Revenue Regulations (RR) No. 3-2016 of the bureau refers to the policies and guidelines on the Adoption of Credit/Debit/Prepaid Card Payments as Additional Modes of Payment of Internal Revenue Taxes.
In Section 1 of the regulations, pursuant to the provisions of Sections 244 and 245(g) of the National Internal Revenue Code (NIRC) of 1997, as amended, these Regulations are hereby promulgated in order to:
1. Make available to taxpayers an additional mode of payment of taxes;
2. Reduce the burden and difficulties experienced by taxpayers in the payment of internal revenue taxes and other applicable fees; and
3. Prescribe the policies and guidelines in the implementation of the Credit/ Debit/Prepaid Card Payment System as an additional mode of payment of taxes and other applicable fees.
Please refer http://www.bir.gov.ph/images/bir_files/internal_communications_1/Full%20Text%20RR%202016/RR%20No.%203-2016.pdf of the full text of RR No. 3-2016.
No comments:
Post a Comment