REVENUE REGULATIONS NO. 16-2002 issued on October 14, 2002 amends the
provisions relative to the acceptable modes of and procedures for payment of internal
revenue taxes coursed through Authorized Agent Banks (AABs).
All internal revenue taxes collected through AABs shall be credited to the demand
deposit accounts opened and maintained by the Bureau of Treasury (BTr) for BIR in the
head offices of AABs.
In filing a tax declaration and making payment to an AAB, the taxpayer must
accomplish and submit a BIR-prescribed deposit slip, which the bank teller shall machine
validate as evidence that the BIR tax payment has been received and deposited to the
account of the BTr. Before 12:00 noon of the following banking day, the head offices of
the AABs shall provide to BTr and BIR the daily total amount of BIR taxes they
collected.
Aside from the electronic payment system currently being used by some
taxpayers in paying their internal revenue taxes, the rest shall pay their tax liabilities
through any of the following modes: 1) over-the-counter cash payments (for each tax
payment not exceeding P 10,000.00); 2) bank debit system; and 3) check payment
system.
The following checks, however, are not acceptable as check payments for internal
revenue taxes: 1) accommodation checks; 2) second endorsed checks; 3) stale checks; 4)
postdated checks; 5) unsigned checks; and 6) checks with alterations/erasures. Second
indorsement of checks which are payable to the Bureau of Internal Revenue or
Commissioner of Internal Revenue is absolutely prohibited. Each check should cover one
tax type for one return period only.
AABs are mandated to accept tax returns/payment forms partly paid through any
of the aforementioned modes of payment and partly through Tax Debit Memos (TDM)
duly and validly issued by the BIR. TDMs, however, are not acceptable as payments for
Withholding Taxes, Fringe Benefit Tax, and taxes, fees and charges collected under
special schemes/procedures/ programs of the government/BIR.
Taxpayers are not required to enroll with any AAB where they intend to file tax
returns/payment forms and/or pay internal revenue taxes. Taxpayers may confirm their
payments with their home Revenue District Office (RDO)/Large Taxpayers District
Office (LTDO) or LTDO/RDO where they are required to file tax returns/payment form
and pay internal revenue taxes.
Any diversion, non-remittance or under-remittance of the taxes collected by
AABs through fault or negligence of the bank accepting such payment as well as the
diversion of any payment for BIR taxes using the facilities of the bank through fault or
negligence of any of the bank’s personnel shall subject the bank to civil and criminal
liabilities.

REVENUE REGULATIONS NO. 16-A-2002 issued on November 7, 2002 amends the effectivity date of RR No. 16-2002 to be on November 19, 2002, including the switchover from the current acknowledgement slip to the BIR-prescribed deposit slip.