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Revenue Memorandum Circular No. 9-2013

Clarifying the Taxability of Association Dues, Membership Fees, and Other Assessments/Charges Collected by Homeowners’ Associations

RMC No. 9-2013 | 2013-01-29


REPUBLIC OF THE PHILIPPINES
DEPARTMENT OF FINANCE 
BUREAU OF INTERNAL REVENUE 
Quezon City

Date: January 29, 2013

REVENUE MEMORANDUM CIRCULAR NO. 9-2013
 
SUBJECT : Clarifying the Taxability of Association Dues, Membership Fees, and Other Assessments/Charges Collected by Homeowners’ Associations

TO : All Internal Revenue Officials, Employees and Others Concerned

This Circular is issued to clarify the taxability of association dues, membership fees, and other assessments/charges collected by homeowners’ associations from its homeowner-members and other entities.

BACKGROUND

Republic Act No. 9904, otherwise known as the...