RMO No. 25-2024 Digest FINAL

RMO No. 25-2024 (July 3, 2024) sets the guidelines, policies and procedures for processing claims for tax credit/refund of excess or unutilized Creditable Withholding Tax (CWT) on income under Section 76(C), in relation to Sections 204(C) and 229 of the Tax Code, except claims under the Legal Group's jurisdiction. The RDO and the LTAD/LTDO under the Large Taxpayers Service are the authorized processing offices that receive the Application for Tax Credits/Refunds (BIR Form No. 1914). Only applications with complete documentary requirements per the attached Checklist of Mandatory Requirements shall be received and processed, and the policies under RR No. 05-2024 shall be strictly followed. Regular (going-concern) applications must be filed within two (2) years from filing of the Annual Income Tax Return (AITR), with the 180-day processing period counted from submission of complete documents. The 180-day period applies to grant or deny claims; denials must state legal and/or factual bases and may be appealed to the Court of Tax Appeals within 30 days. Under Section 10 of the EOPT Act, for dissolution or cessation of business, the processing office shall decide and refund within two (2) years from submission of BIR Form No. 1905 with complete closure documents, an exception to the 180-day rule.