REVENUE MEMORANDUM CIRCULAR NO. 59-2004  issued on September 23, 2004 circularizes the Department of Budget and Management (DBM) and Department of Education (DepEd) Joint Circular No. 2004-1 implementing the direct release of funds by DBM to the Regional Offices and implementing units (Division/High School). The said release of funds resulted to the tax registration of said units of DepEd with the BIR and remittance of taxes withheld through Tax Remittance Advice (TRA), for funds released by DBM or Check (NON-TRA), for foreign assisted funds.
           The withholding taxes shall be transmitted by DepEd-Central Office, Regional Offices and Implementing Units that manage their own payroll to the nearest BIR – Revenue District Office (RDO) through a TRA supported by the applicable Withholding Tax Returns (WTR).
           The premiums/contributions including payment for personal loans and withholding taxes for Personal Service of all School Division Office (SDO) personnel, who are paid either through Continuous Form Checks or ATM, shall be remitted/transmitted by the DepEd-Regional Office to the respective government agencies/financial institutions and other authorized private lending institutions.
          The withholding taxes for Maintenance and Other Operating Expenses and Capital Outlays of SDOs shall be transmitted by the SDO to the nearest BIR-RDO.
           Said Circular shall take effect January 1, 2004.