RMC No. 48-2024

REVENUE MEMORANDUM CIRCULAR NO. 48-2024 issued on April 1, 2024, prescribes the policies and procedures in the proper manner of accomplishing the new version of the Monthly Documentary Stamp Tax Declaration/Return (BIR Form 2000 version 2018), considering that there are three different methods of collecting the Documentary Stamp Tax (DST), namely: a. Electronic Documentary Stamp Tax (eDST) System; b. Constructive Affixture; and c. Purchase of loose documentary stamps. All concerned taxpayers who shall file the return and pay the DST shall accomplish the new version of BIR Form No. 2000, in accordance with the following policies under the said methods of collecting the DST: For eDST System: • All mandated taxpayers-users of the eDST System are required to use the electronic Filing and Payment System (eFPs) in the filing of the DST declaration/return and payment of the corresponding DST. • The DST declaration/return must be accomplished separately for the payment of advance deposits and for the declaration of the total DST due from all taxable documents that were made, signed, accepted or transferred during the month. • Advance deposits, regardless of its number of frequencies, may be paid at any time to maintain a sufficient balance that will cover the total tax due from all taxable documents at any given period, provided that these taxable documents were made, signed, accepted or transferred before the close of the month. • The DST declaration/return which is accomplished for purposes of declaring the monthly DST dues shall be filed only once but not later than five (5) days after the close of the month when the taxable documents were made, signed, accepted or transferred. For Constructive Affixture: • The mode of Constructive Affixture applies to private taxpayers, including eDST mandated taxpayers in case of unavailability of the eDST System, government agencies (GAs), local government units (LGUs) and other instrumentalities, whether thru manual filing or online filing (i.e., eFPS and eBIRForms Package facility); • Under Revenue Memorandum Circular (RMC) No. 100-2023 and the Revised Cash Examination Manual Chapter Il – Laws and Rules Relevant in Cash Examination issued by the Commission on Audit, all GAs, LGUs, and other instrumentalities shall remit their collections from the sale of documentary stamps at least once a week, or as soon as their collection reaches the amount of Ten Thousand Pesos (₱10,000.00). Further, regardless of the frequency of remittances, these taxpayers shall file a single tax return not later than the fifth day following the calendar month. For loose documentary stamps: under this method of collecting DST, BIR Form No. 2000 version 2018 shall be accomplished ONLY by all concerned Special Revenue Collecting Officers (SRCOs)/Revenue Collection Officers (RCOs) of the Bureau, using the Tax Identification Number (TIN) of the concerned RDO, who are duly authorized to sell loose documentary stamps and remit its proceeds to the Authorized Government Depository Bank within five (5) days after the close of each week, in accordance to existing revenue issuances. The proper manner of accomplishing the new version of BIR Form 2000 in accordance with the procedures under the three methods of collecting the DST are specified in the Circular.