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Supplemental Clarifications on the Provisions of Revenue Regulations No. 14-2012 on the Proper Tax Treatment of Interest Income Earnings on Financial Instruments and Other Related Transactions

Supplemental Clarifications on the Provisions of Revenue Regulations No. 14-2012 on the Proper Tax Treatment of Interest Income Earnings on Financial Instruments and Other Related Transactions

RMC No. 81-2012 | 2012-12-10

REPUBLIC OF THE PHILIPPINES
DEPARTMENT OF FINANCE
BUREAU OF INTERNAL REVENUE

December 10, 2012

REVENUE MEMORANDUM CIRCULAR NO. 81-2012

SUBJECT : Supplemental Clarifications on the Provisions of Revenue Regulations No. 14-2012 on the Proper Tax Treatment of Interest Income Earnings on Financial Instruments and Other Related Transactions
 
TO : All Internal Revenue Officers and Other Concerned

For the information and guidance of all concerned, this Circular is being issued to clarify certain provisions of Revenue Regulations (RR) No. 14-2012 on the Proper Tax Treatment of Interest Income Earnings on Financial Instruments and Other Related...