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REVENUE MEMORANDUM ORDER NO. 12 – 2024
Creates Alphanumeric Tax Code (ATC) for Final Withholding Tax on Gross Income earned by foreign nationals who are employed and assigned in the Philippines by offshore gaming licensee pursuant to the issuance of Revenue Regulations No. 20-2021, namely:
| ATC | Description | Tax Rate | Legal Basis | BIR Form No. |
| WI750 | On gross income earned by foreign nationals or non-Filipino citizens, regardless of their residency, who are employed and assigned in the Philippines by Offshore Gaming Licensee or its Accredited Service Provider | 25% | R.A. No. 11590/ RR No. 20-2024 | 1601-EQ/ 2306 |