REVENUE REGULATIONS NO. 6-98

ACCEPTABLE MODE OF PAYING TAXES

 

Q: What are the acceptable modes of paying taxes?

A: A taxpayer liable to any internal revenue tax shall pay through any of the following modes?

    1. over-the-counter cash transaction

    2. bank debit system

    3. a credit facility with a bank, a credit company or similar institution, or

    4. personal or company check or cashier’s or manager’s check.

If the taxpayer opts to pay thru the bank debit system or credit facility with a bank, a credit company or similar institution, he/it shall open or maintain a bank account with any of the Authorized Agent Bank of the BIR where he/it intends to file the return and pay his/its tax liabilities.

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