Cost Increase and Authorized Printer
- Acknowledges an increase in printing costs for the BIR labels.
- Printing is carried out by the Bangko Sentral ng Pilipinas, Securities Printing Department, which is the authorized printer.
Applicable Rates for BIR Labels
- Establishes specific unit costs for printing BIR labels:
- Regular Labels: PHP 0.374 per piece.
- Auxiliary Labels: PHP 0.113 per piece.
Rate Adjustment and Flexibility
- Indicates that the unit costs mentioned are subject to change.
- Future adjustments will depend on the rates charged by the authorized printer to the BIR.
Effective Date and Enforcement
- The Revenue Memorandum Order takes immediate effect upon issuance.
- Issued and signed by the Commissioner of Internal Revenue, Beethoven L. Rualo on November 20, 1998.