REVENUE MEMORANDUM ORDER (RMO) NO. 048-2025
To implement the provisions of the Republic Act (RA) No. 10884 (“Balanced Housing Development Program Amendments”) and the Joint Memorandum Circular (JMC) entitled (“Streamlining and Digitalizing the Processes Involved in the Acquisition, Construction and Development, and Disposition of All Housing Developments, and RA No. 10884, this Order is hereby issued to streamline the documentary requirements for the application of a ruling / Certificate of Tax Exemption (CTE) for socialized housing projects pursuant to Section 20 of RA No. 7279, as amended, and economic housing projects pursuant to Executive Order (EO) No. 226.
Requirement for a Certificate of Tax Exemption
For applicants to avail of the abovementioned CTE, they need only to submit the required Socialized Housing Certification (see Annex 1-A to 1-E of the Order for reference), which shall be attached to a letter request in compliance with Section 4 of RMO No. 009-2014.
Authorized Signatory
In addition, the authority to sign rulings or CTEs on tax incentives for socialized housing projects under RA No. 7279 and economic housing projects under EO No. 226 is hereby delegated to the Deputy Commissioner of the Legal Group of the BIR.
Effectivity
This order shall take effect immediately.