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REVENUE REGULATIONS NO. 12-2011

REPORTORIAL REQUIREMENT FOR ESTABLISHMENTS LEASING OR RENTING OUT SPACES FOR COMMERCIAL ACTIVITIES

RR No. 12-2011 | 2011-07-25

REPUBLIC OF THE PHILIPPINES
DEPARTMENT OF FINANCE
BUREAU OF INTERNAL REVENUE
 
July 25, 2011
 
REVENUE REGULATIONS NO. 12-2011
 
SUBJECT: REPORTORIAL REQUIREMENT FOR ESTABLISHMENTS LEASING OR RENTING OUT SPACES FOR COMMERCIAL ACTIVITIES
 
TO: All Revenue Officials, Employees and Others Concerned
 
Section 1. Objective
 
All Taxpayers who are engaged in business are required by law to comply with the provisions of the National Internal Revenue Code of 1997, as amended (hereinafter referred to as the Tax Code), particularly with the mandate that business activities must be registered with the Bureau of Internal Revenue (BIR)....