Tax Alert No. 63 [Revenue Memorandum Circular No. 81-2019 dated 16 July 2019]

04 Sep 2019

Availability of new payment facility utilizing PESONet through Landbank Link.Biz Portal Online Payment Facility

he Commissioner of Internal Revenue has issued Revenue Memorandum Circular ("RMC") No. 81-2019 dated 16 July 2019 to inform taxpayers on the availability of the new payment facility utilizing the PESONet payment system under the National Retail Payment System policy framework of the Bangko Sentral ng Pilipinas, for the payment of internal revenue taxes.

Taxpayers with an account in any of the Bangko Sentral-regulated Financial Institutions ("BSFI") participating in the PESONet payments system may pay their taxes through Land Bank of the Philippines' ("LBP") Link.Biz Portal. The new payment facility will be available initially to depositors of Rizal Commercial Banking Corporation and soon to depositors of other PESONet participating BSFI.

Taxpayers filing their tax returns using the eBIRForms and taxpayers mandated to use the Electronic Filing and Payment System can use the aforesaid online payment facility. For more information and instructions, taxpayers may directly inquire with LBP, or visit its website at www.lbp-eservices.com or the BIR website at www.bir.gov.ph/index.php/eservices/epay.html.

You may access the full version of this RMC through the BIR website.

Contact us

Lyn Golez-Geronan

Tax Librarian, PwC Philippines

Tel: +63 (2) 845 2728 Ext. 2054

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