REPUBLIKA NG PILIPINAS
KAGAWARAN NG PANANALAPI
KAWANIHAN NG RENTAS INTERNAS
Quezon City
January 4, 2005
REVENUE MEMORANDUM CIRCULAR NO. 3-2005
SUBJECT : Circularizing the full text of Department Order No. 35 – 04 AMENDING FURTHER MINISTRY ORDER NOS. 20-86 AND 21-86 AS AMENDED BY DEPARTMENT ORDER NOS. 12-89, 13-89, 10-92 and 11-92 CREATING THE COMMITTEES ON REAL PROPERTY VALUATION TO DETERMINE THE ZONAL VALUES OF REAL PROPERTIES FOR PURPOSES OF COMPUTING ANY INTERNAL REVENUE TAX TO : All Internal Revenue Officers, Employees and others Concerned _______________________________________________________________________________
For the information and guidance of all internal revenue officer, employeesand others concerned, attached is the full text of Department Order No. 35 – 04 AMENDING FURTHER MINISTRY ORDER NOS. 20-86 AND 21-86 AS AMENDED BY DEPARTMENT ORDER NOS. 12-89, 13-89, 10-92 and 11-92 CREATING THE COMMITTEES ON REAL PROPERTY VALUATION TO DETERMINE THE ZONAL VALUES OF REAL PROPERTIES FOR PURPOSES OF COMPUTING ANY INTERNAL REVENUE TAX.
All revenue officials and employees are enjoined to give this circular as wide a publicity as possible.
(Original Signed)
GUILLERMO L. PARAYNO, JR.
Commissioner of Internal Revenue