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Revenue Memorandum Circular · RMC

RMC No. 23-2025 Digest

To circularize the Updated List of Microfinance Non-Government Organizations (NGOs) accredited by the Microfinance NGO Regulatory Council (MNRC) as of February 26, 2025.

Bureau of Internal RevenueIndependent research copy
Document type
RMC
Number
23
Year
2025
Text quality
Not specified

Document text

Reference copy · verify against the official source
RMC No. 23-2025, issued March 27, 2025, circularizes the Updated List of Microfinance NGOs accredited by the Microfinance NGO Regulatory Council (MNRC) as of February 26, 2025. It restates that, under the IRR of R.A. No. 10693 (Microfinance NGOs Act), a Certificate of Accreditation is valid for three (3) years from issuance unless earlier revoked by the MNRC for good cause after review. The provided text does not itself state any tax consequences of inclusion in the list.