Revenue Memorandum Order No. 5-2019 explains the modified ATCs for compensation income in accordance with the provisions of TRAIN law.
This RMO would focus on the modification of several Alphanumeric Tax Codes (ATCs) for Compensation Income, as well as Income Payments that are subject to Withholding Taxes, in accordance with the provisions of TRAIN Law (Tax Reform for Acceleration and Inclusion).
To obtain a full PDF copy of this revenue memorandum order, kindly click this link.
