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Reiterating the Tax Treatment of Interest Income Derived from Long-Term Deposits or Investments Certificates as Described in Revenue Regulations No. 14-2012 and Clarified in Revenue Memorandum Circular Nos. 77-2012 and 81-2012

Reiterating the Tax Treatment of Interest Income Derived from Long-Term Deposits or Investments Certificates as Described in Revenue Regulations No. 14-2012 and Clarified in Revenue Memorandum Circular Nos. 77-2012 and 81-2012

RMC No. 7-2015 | 2015-03-06

REPUBLIC OF THE PHILIPPINES        
DEPARTMENT OF FINANCE
BUREAU OF INTERNAL REVENUE    
Quezon City
        
March 6, 2015
        
REVENUE MEMORANDUM CIRCULAR NO. 7-2015

SUBJECT : Reiterating the Tax Treatment of Interest Income Derived from Long-Term Deposits or Investments Certificates as Described in Revenue Regulations No. 14-2012 and Clarified in Revenue Memorandum Circular Nos. 77-2012 and 81-2012

TO : All Internal Revenue Officers and Others Concerned
        
For information and guidance of all concerned,...