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Philippines
Wednesday, November 27, 2024

Lumagui: eCAR to remain valid

Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. said Tuesday all electronic certificate authorizing registration (eCAR) will be valid until its presentation to the concerned Registry of Deeds (RD).

Lumagui said only CARs issued outside of the eCAR System would be allowed for revalidation. This is the effect of Revenue Regulations No. 12-2024 (RR No. 12-2024) issued by Commissioner Lumagui.

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“The eCAR is now valid until its presentation to the Registry of Deeds. We have removed the 5-year validity period for the benefit of taxpayers. Under Bagong Pilipinas, the BIR will also be a service-oriented agency, not merely a collection-oriented one. Whatever we can do to help ease the burden of our taxpayers in paying their taxes, we will implement,” Lumagui said.

The CAR issued by the BIR allows the Land Registration Authority (LRA) to transfer ownership of real properties resulting from sale, donation and other mode of transfers. The CAR is proof that the transfer of property was reported, and all the necessary taxes were paid in full by the taxpayer.

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