REVENUE MEMORANDUM ORDER NO. 22-2012 issued on September 24, 2012 modifies the description of Alphanumeric Tax Code (ATC) for certain income payments subject to Creditable Withholding Tax on the sale of gold and other metallic minerals, to wit: ATC Tax Rate Legal Basis ATC Tax Rate Legal Basis WI630 1% RMO No. 34-2003 WI630 5% RR No. 6-2012 1601-E/2307 WC630 1% RMO No. 34-2003 WC630 5% RR No. 6-2012 1601-E/2307 WI632 10% RR 7-2008; RMO No. 33-2008 WI632 5% RR No. 6-2012 1601-E/2307 WC632 10% RR 7-2008; RMO No. 33-2008 WC632 5% RR No. 6-2012 1601-E/2307 Income payments on purchases of minerals, mineral products & quarry resources to corporations/ non-indivudals Income payments on purchases of minerals, mineral products & quarry resources to corporations/ non-indivudals EXISTING (per ATC Handbook) BIR Form No. MODIFIED/NEW Income payments on purchases of minerals, mineral products & quarry resources to individuals Description Income payments on purchases of minerals, mineral products & quarry resources to individuals Income payments on purchases of gold by Bangko Sentral ng Pilipinas (BSP) from gold miners/suppliers under PD 1899, as amended by R.A. No. 7076 Income payments on purchases of minerals, mineral products and quarry resources by Bangko Sentral ng Pilipinas (BSP) from gold miners/suppliers (Non-Individuals) under PD 1899, as amended by R.A. No. 7076 Description Income payments on purchases of gold by Bangko Sentral ng Pilipinas (BSP) from gold miners/suppliers under PD 1899, as amended by R.A. No. 7076 Income payments on purchases of minerals, mineral products and quarry resources by Bangko Sentral ng Pilipinas (BSP) from gold miners/suppliers (individuals) under PD 1899, as amended by R.A. No. 7076