RMO No. 23-2018 explains the policies and procedures in availing the 8% filer option.
This order was implemented to prescribe the guidelines and procedures once an individual (self-employed/professional) decides to avail for an 8% Income Tax Rate option, in accordance with Republic Act No. 10963, also known as the Tax Reform for Acceleration and Inclusion (also known as TRAIN Law).
To obtain a full PDF copy of this revenue memorandum order, kindly click this link.