QuestionsQuestions (REVENUE REGULATIONS NO. 16-2002, OCTOBER 11, 2002)
It sets the acceptable modes and procedures for paying internal revenue taxes through Authorized Agent Banks (AABs), including recording of payments, issuance/validation of BIR-prescribed deposit slips as acknowledgment receipts, and control mechanisms to deter and detect diversion of tax payments.
All BIR taxes collected through AABs must be credited to the Bureau of Treasury (BTr) demand deposit accounts opened and maintained by the AABs in their head offices, which must have a separate general ledger account for such BTr accounts.
Using the online tellering system, tellers must immediately post the BIR tax payments they collect by crediting the BTr demand deposit accounts (instead of recording them as mere payables at the end of each banking day).
The taxpayer must accomplish and submit a BIR-prescribed deposit slip, which the AAB must design, print, and make available in participating branches.
Transaction date; name of taxpayer; TIN; BTR-BIR account number; account name (must be BTr-BIR); name of drawee bank; check number; bank debit advice number (for debit system payments); and amount.
The bank teller must machine-validate the deposit slip accomplished by the taxpayer as evidence that the BIR tax payment was deposited to the BTr account.
The date of payment, amount paid, transaction code, name of the bank, branch code, teller’s code, and teller’s initials.
Before 12:00 NN of the following banking day.
After receipt of payment but not later than 24 hours thereafter.
Date of transaction; name of taxpayer; TIN; tax type being paid; return period; amount of tax paid; and name of drawee bank and check number for payments through checks.
Over-the-counter cash payments; bank debit system; and check payment system.
Not to exceed Ten Thousand Pesos (₱10,000.00) per tax payment.
Only if the taxpayer has an account with the AAB branch where they intend to file and pay their tax return/form/declaration, and the AAB branch is within the jurisdiction of the BIR RDO/LTDO where the tax payment is due and payable.
The presenting/collecting bank (or the bank where the payment is to be coursed) and “FAO (For the Account Of) Bureau of Internal Revenue” as payee; and in “ACCOUNT NAME,” the taxpayer identification number (TIN).
Accommodation checks; second-endorsed checks; stale checks dated more than six (6) months prior to presentation; postdated checks; unsigned checks; and checks with alterations/erasures.
AABs must ensure the check covers one tax type for one return period only.
Second endorsement is absolutely prohibited.
AABs must accept returns/payment forms partly paid via the other modes (cash/debit/check) and partly via duly issued TDMs, provided the TDM number is indicated in the return/payment form and the TDM and a photocopy of the related TCC (front and back) are attached.
No. TDMs are not acceptable as payments for withholding taxes (including Fringe Benefit Tax clarified under RR No. 2-98 as amended and RR No. 3-98) and for taxes/fees/charges collected under special schemes/procedures/programs of the Government/BIR covered by separate regulations.