
BIR Issuances – RMO No. 1-2025
Processing of Request for Documents from Securities and Exchange Commission (SEC) in Relation to the Memorandum of Agreement (MOA) and Data Sharing Agreement (DSA) between the Bureau of Internal Revenue (BIR) and SEC
Revenue Memorandum Order (RMO) No. 1-2025
10 January 2024
The BIR entered into a MOA and DSA with the SEC on July 17, 2024. Under the said agreements, the BIR can obtain several SEC documents and corporate data on a “need-to-know” basis through the SEC Swift Corporate and Other Records Exchange (SCORE) Protocol.
The information will be used by BIR as reference in the exercise of its power and authority in conducting tax assessments, collecting all national internal revenue taxes, fees and charges, and enforcing related forfeitures, penalties, and fines, connected therewith, in adherence to the Data Privacy Act (DPA), its IRR, and other related data privacy rules implemented by the National Privacy Commission and Section 270 of the NIRC as amended.
This RMO is issued to prescribe the guidelines and procedures to be followed by authorized BIR officials and employees when requesting for corporate information from the SEC thru the SEC SCORE Protocol and to identify the respective roles and responsibilities relative to the implementation of the MOA/DSA.
Copy of the RMO can be accessed thru the links below.
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