REVENUE MEMORANDUM ORDER NO. 9-2018 issued on February 6, 2018 creates and modifies the Alphanumeric Tax Code (ATC) of selected revenue source under Republic Act (RA) No. 10963 (Tax Reform for Acceleration and Inclusion or TRAIN Act), to wit: A. ATCs Created ATC Description Tax Rate Legal Basis BIR Form WI165 Final Withholding Tax on Amounts Withdrawn from Decedent’s Deposit Account 6% Sec. 27 of RA No. 10963 1602/2306 WI800 WC800 Final Withholding of Excise Tax on the performance of services on invasive cosmetic procedures a. individual b. corporate 5% Sec. 46 of RA No. 10963 1620-XC B. Modified ATCs EXISTING (per ATC Handbook) MODIFIED/NEW BIR FORM NO. ATC Description Tax Rate Legal Basis Tax Rate Legal Basis DS101 Original Issue of Shares of Stock ₱1.00/ ₱200.00 Sec. 2 of RA No. 9243 ₱2.00/ ₱200.00 Sec. 51 of RA No. 10963 2000 DS102 DS125 Sales, Agreements to Sell, Memoranda of Sales, Deliveries or Transfer of Shares or Certificates of Stock a. With par value b. Without par value ₱0.75/ ₱200.00 25% of DST paid upon the original issue Sec. 3 of RA No. 9243 ₱1.50/ ₱200.00 50% of DST paid upon the original issue Sec. 52 of RA No. 10963 2000 and 2000 OT DS104 Certificates of Profits or Interest in Property or Accumulations ₱0.50/ ₱200.00 Sec. 178 of RA No. 8424 ₱1.00/ ₱200.00 Sec. 53 of RA No. 10963 2000 EXISTING (per ATC Handbook) MODIFIED/NEW BIR FORM NO. ATC Description Tax Rate Legal Basis Tax Rate Legal Basis DS105 Bank Checks, Drafts, Certificates of Deposit not Bearing Interest and Other Instruments ₱1.50 Sec. 179 of RA No. 8424 ₱3.00 Sec. 54 of RA No. 10963 2000 DS106 Original Issue of All Debt Instruments ₱1.00/ ₱200.00 of issue price or a fraction of 365 days for instrument with term of less than 1 year Sec. 5 of RA No. 9243 ₱1.50/ ₱200.00 of issue price or a fraction of 365 days for instrument with term of less than 1 year Sec. 55 of RA No. 10963 2000 DS107 Acceptance of bill of exchange and others ₱0.30/ ₱200.00 Sec. 181 of RA No. 8424 ₱0.60/ ₱200.00 Sec. 57 of RA No. 10963 2000 DS108 Foreign Bills of Exchange and Letters of Credit ₱0.30/ ₱200.00 Sec. 182 of RA No. 8424 ₱0.60/ ₱200.00 Sec. 58 of RA No. 10963 2000 DS109 Life insurance policies if the amount of insurance: a. Does not exceed P100,000.00 b. Exceeds P100,000.00 but does not exceed P300,000.00 c. Exceeds P300,000.00 but does not exceed P500,000.00 d. Exceeds P500,000.00 Exempt ₱10.00 ₱25.00 ₱50.00 Sec. 3 of RA No. 10001 Exempt ₱20.00 ₱50.00 ₱100.00 Sec. 59 of RA No. 10963 2000 EXISTING (per ATC Handbook) MODIFIED/NEW BIR FORM NO. ATC Description Tax Rate Legal Basis Tax Rate Legal Basis but does not exceed P750,000.00 e. Exceeds P750,000.00 but does not exceed P1,000,000.00 f. Exceeds P1,000,000.00 ₱75.00 ₱100.00 ₱150.00 ₱200.00 DS112 a. Policies of Annuities b. Pre-Need Plans ₱0.50/ ₱200.00 of the premium or installment payment on contract price collected ₱0.20/ ₱200.00 of the premium or contribution collected Sec. 8 of RA No. 9243 ₱1.00/ ₱200.00 of the premium or installment payment on contract price collected ₱0.40/ ₱200.00 of the premium or contribution collected Sec. 60 of RA No. 10963 2000 DS114 Certificates ₱15.00 Sec. 188 of RA No. 8424 ₱30.00 Sec. 61 of RA No. 10963 2000 DS115 Warehouse Receipts ₱15.00 with value above ₱200.00 Sec. 189 of RA No. 8424 ₱30.00 with value above ₱200.00 Sec. 62 of RA No. 10963 2000 DS116 Jai-alai, Horse Race Tickets , Lotto or Other Authorized Number Games ₱0.10/ ₱1.00 Sec. 190 of RA No. 8424 ₱0.20/ ₱1.00 Sec. 63 of RA No. 10963 2000 DS117 Bills of Lading or Receipts ₱100.00 to ₱1,000.00 ₱1.00 Sec. 191 of RA No. 8424 ₱100.00 to ₱1,000.00 ₱2.00 Sec. 64 of RA No. 10963 2000 EXISTING (per ATC Handbook) MODIFIED/NEW BIR FORM NO. ATC Description Tax Rate Legal Basis Tax Rate Legal Basis Above ₱1,000.00 ₱10.00 Above ₱1,000.00 ₱20.00 DS118 Proxies ₱15.00 Sec. 192 of RA No. 8424 ₱30.00 Sec. 65 of RA No. 10963 2000 DS119 Powers of Attorney ₱5.00 Sec. 193 of RA No. 8424 ₱10.00 Sec. 66 of RA No. 10963 2000 DS120 Leases and Other Hiring Agreements 1 st ₱2,000.00 ₱3.00 in excess (₱1.00/ ₱1,000.00) Sec. 194 of RA No. 8424 1 st ₱2,000.00 ₱6.00 in excess (₱2.00/ ₱1,000.00) Sec. 67 of RA No. 10963 2000 DS121 Mortgages, Pledges & Deeds of Trust 1 st ₱5,000.00 ₱20.00 in excess (₱10.00/ ₱5,000.00) Sec. 195 of RA No. 8424 1 st ₱5,000.00 ₱40.00 in excess (₱20.00/ ₱5,000.00) Sec. 68 of RA No. 10963 2000 DS126 Bills of Exchange or Drafts ₱0.30 on each ₱200.00 Sec. 6 of RA No. 9243 ₱0.60 on each ₱200.00 Sec. 56 of RA No. 10963 2000 DS130 DS131 Charter Parties and Similar Instruments if gross tonnage is: a. 1,000 tons and below b. 1,001 to 10,000 tons 1 st 6 months ₱500.00 in excess + P50.00 1 st 6 months ₱1,000.00 in excess + ₱100.00 Sec. 197 of RA No. 8424 1 st 6 months ₱1,000.00 in excess + P100.00 1 st 6 months ₱2,000.00 in excess + ₱200.00 Sec. 70 of RA No. 10963 2000 EXISTING (per ATC Handbook) MODIFIED/NEW BIR FORM NO. ATC Description Tax Rate Legal Basis Tax Rate Legal Basis DS132 c. over than 10,000 tons 1 st 6 months ₱1,500.00 in excess + ₱150.00 1 st 6 months ₱3,000.00 in excess + ₱300.00 DS122 Deeds of Sale and Conveyances of Real Property ₱15.00/ ₱1,000.00 Sec. 196 of RA No. 8424 Deeds of Sale, Conveyances and Donation of Real Property Sec. 69 of RA No. 10963 2000 OT