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April 17, 1998

REVENUE REGULATIONS NO. 02-98

SUBJECT : Implm!"i!# Rp$%li& A&" N'. 8(2(, )A! A&" Am!*i!# "+ N"i'!l I!"r!l

R!$ C'*, Am!**) Rl"i "' "+ /i"++'l*i!# '! I!&'m S$%&" "' "+ Ep!**/i"++'l*i!# T !* i!l /i"++'l*i!# T, /i"++'l*i!# '3 I!&'m T '! C'mp!"i'!,

/i"++'l*i!# '3 Cr*i"%l Vl$-A*** T !* O"+r 4r&!"# T

TO : All I!"r!l R!$ O33i&r !* O"+r C'!&r!*4$r$!" "' S&. 2(( '3 "+ N"i'!l I!"r!l R!$ C'*, m!**, i! rl"i'! "' S&"i'! 57 "'

59 , S&"i'! 78 "' 86 , S&"i'! 11(C !* S&"i'! 11 "' 127 '3 Rp$%li& A&" 8(2(, "+

r#$l"i'! r +r% pr'm$l#"* ;+i&+ +ll #'r! "+ &'ll&"i'! " '$r& '! i!&'m pi* '! 'r3"r J!$r 1, 1998 !* pr&ri%i!# "+ Ri* /i"++'l*i!# T T%l '! &'mp!"i'!.

SECTION 2.57. /i"++'l*i!# '3 T " S'$r&. <

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"+ p '! "+ i* i!&'m. T+ li%ili" 3'r pm!" '3 "+ " r" primril '! "+ p'r

;i"++'l*i!# #!". T+$, i! & '3 +i 3il$r "' ;i"++'l* "+ " 'r i! & '3 $!*r ;i"++'l*i!#, "+

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T+ 3i!li" '3 "+ ;i"++'l*i!# " i limi"* '!l "' "+ p? i!&'m " li%ili" '! "+ pr"i&$lr

i!&'m. I" *' !'" "!* "' "+ p? '"+r " li%ili" '! i* i!&'m, $&+ ;+! "+ i*i!&'m i 3$r"+r $%&" "' pr&!"# ". 'r mpl, i3 %!@ r&i i!&'m $%&" "' 3i!l

;i"++'l*i!# ", "+ m +ll % $%&" "' pr&!"# ". &*i

B Cr*i"%l /i"++'l*i!# T. < U!*r "+ &r*i"%l ;i"++'l*i!# " "m, " ;i"++l* '!&r"i! i!&'m pm!" r i!"!** "' >$l 'r " l" ppr'im" "+ " *$ '3 "+ p '! i*

i!&'m. T+ i!&'m r&ipi!" i "ill r>$ir* "' 3il ! i!&'m " r"$r!, pr&ri%* i! S&. 51 !*

S&. 52 '3 "+ NIRC, m!**, "' rp'r" "+ i!&'m !*='r p "+ *i33r!& %";! "+ "

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i! S&. 2.78 l' '3 "+ r#$l"i'! r &r*i"%l i! !"$r.

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A I!&'m pm!" "' &i"i! 'r "' ri*!" li! i!*ii*$l

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li"rr ;'r@ !* m$i&l &'mp'i"i'!, pri &p" pri m'$!"i!# "' "! "+'$!* p'

410,000.00 'r l ;+i&+ +ll % $%&" "' " $!*r S&. 2( A '3 "+ C'* !* '"+r ;i!!i!#&p" 4+ilippi! C+ri" S;p"@ ;i!!i!# !* l'""' ;i!!i!# *ri* 3r'm '$r& ;i"+i! "+

4+ilippi! < T;!" pr&!" 20.

2 R'l"i '! %''@, ;ll '"+r li"rr ;'r@ !* m$i&l &'mp'i"i'! < T! pr&!"

10.6 I!"r" i!&'m r&i* % ri*!" i!*ii*$l "pr 3r'm *p'i"'r %!@ $!*r "+

'ri#! C$rr!& Dp'i" S"m < S! !* '!-+l3 pr&!" 7.5.

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i*!&* % &r"i3i&" i! $&+ 3'rm pr&ri%* % "+ B!#@' S!"rl !# 4ilipi! ;+i&+ ; pr-

"rmi!"* % "+ +'l*r %3'r "+ 3i3"+ 5"+ r " "+ r" +ri! pr&ri%* "' % **$&"* !*;i"++l* 3r'm "+ pr'&* "+r'3 %* '! "+ l!#"+ '3 "im "+" "+ i!"r$m!" ; +l* % "+

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*i"ri%$"%l !" i!&'m 3"r " '3 pr"!r+ip &p" #!rl pr'3i'!l pr"!r+ip 'r '! "+

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- %#i!!i!# J!$r 1, 1998

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rl pr'pr" l'&"* i! "+ 4+ilippi!, &li3i* &pi"l ", i!&l$*i!# p&"' * r"r' l !*

'"+r 3'rm '3 &'!*i"i'!l l %* '! "+ #r' lli!# pri& 'r 3ir mr@" l$ *"rmi!* i!

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&r*i"%l.

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"' % imp'* +ll % *"rmi!* i"+r $!*r S&"i'! 2(A '3 "+ C'* 3'r "+ !'rml r" '3 i!&'m

" 3'r i!*ii*$l &i"i! 'r ri*!" 'r $!*r S&"i'! 2(D1 '3 "+ C'* 3'r "+ 3i!l " '! "+

pr$m* &pi"l #i! 3r'm l '3 pr'pr" " i pr&!" , " "+ 'p"i'! '3 "+ "pr-llr.I! & '3 l="r!3r '3 pri!&ipl ri*!&, "+ B$r=Tr!3r +ll ;i"++'l* 3r'm "+ llr !*

+ll **$&" 3r'm "+ #r* lli!# pri&=&'!i*r"i'! "+ &pi"l #i! " ;+i&+ +ll %

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7/23/2019 RR 2-98 (as Amended)


pr'!li" '3 i* "pr &*.

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7/23/2019 RR 2-98 (as Amended)


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7/23/2019 RR 2-98 (as Amended)


S$pplir '3 #''* < O! pr&!" 1

S$pplir '3 ri& < T;' pr&!" 2

Ill$"r"i mpl 3'r #ri&$l"$rl pr'*$&":

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"+ 3'll';i!# i!3'rm"i'!: N$m%r '3

Tr!&"i'! Mr 4$r&+ Am'$!"

T;' 2009 4660,000.00O! 2010 (20,000.00

O! 2011 95,000.00

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N$m%r '3

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S! 2009 4100,000.00T! 2010 610,000.00

T;' 2011 160,000.00

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4600,000.00 "+r+'l*.

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7/23/2019 RR 2-98 (as Amended)


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< T;!" 4r&!" 20.

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pm!" !$mr"* i! S&"i'! 2.57.2:

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7/23/2019 RR 2-98 (as Amended)


Cr"i3i&" A$"+'rii!# R#i"r"i'! CAR=T Clr!& Cr"i3i&" TCL +ll % i$* "' "+

%$r $!l "+ ;i"++'l*i!# " *$ '! "+ l, "r!3r 'r &+!# '3 rl pr'pr" + %! *$l

pi*.

Si!& "+ " +ri! i!'l* !* %i!# ;i"++l* i i!&'m ", "+ %$r*! '3 "+ " i rll $p'! "+llr l"+'$#+ "+ m'* '3 pm!" '3 "+ " i "+r'$#+ ;i"++'l*i!# % "+ %$r. A $&+, "+ "

;i"++l* i &'!i*r* pr" '3 "+ &'!i*r"i'! #r* %";! "+ llr !* %$r r$l"i!#,

"+r3'r, "' !" "@ "' "+ llr '3 '!l "+ *i33r!& %";! "+ #r* &'!i*r"i'!=lli!# pri&!* "+ " ;i"++l*.

C All #'r!m!" '33i& i!&l$*i!# #'r!m!"-';!* 'r &'!"r'll* &'rp'r"i'!, ;ll

pr'i!&il, &i" !* m$!i&ipl #'r!m!" !* %r!#.D All i!*ii*$l, $ri*i&l pr'! !* p'li"i&l pr"i, ;i"+ rp&" "' "+ir i!&'m pm!"

m* &mpi#! p!*i"$r !*='r p$r&+ '3 #''* !* ri& i!"!** &mpi#!

&'!"ri%$"i'!.A#!", mpl' 'r ! pr'! p$r&+i!# #''* 'r ri&=pi!# 3'r !* i! %+l3 '3 "+ 3'ri*

;i"++'l*i!# #!" +ll li@;i ;i"++'l* i! "+ir %+l3, pr'i** "+" "+ '33i&il r&ip" '3

pm!"=l i!'i& +ll % i$* i! "+ !m '3 "+ pr'! ;+'m "+ 3'rmr rpr!" !* "+

&'rrp'!*i!# &r"i3i&" '3 " ;i"++l* BIR 'rm N'. 2607 +ll imm*i"l % i$* $p'!;i"++'l*i!# '3 "+ ".

All i!&'m pm!" ;+i&+ r r>$ir* "' % $%&"* "' ;i"++'l*i!# " +ll % $%&" "' "+

&'rrp'!*i!# ;i"++'l*i!# " r" "' % ;i"++l* % "+ pr'! +i!# &'!"r'l 'r "+ pm!" !*;+', " "+ m "im, &lim "+ p!, K.#. pm!" "' $"ili" &'mp!i ;+i&+ r r>$ir* "'

% $%&"* "' ;i"++'l*i!# " +ll li@;i % $%&"* "' ;i"++'l*i!# " ! i3 "+ m"r 'r

%illi!# ""m!" .#. l&"ri& 'r ;"r m"r 'r "+ "lp+'! %ill i !'" i! "+ !m '3 "+ p'r, l'!# li* pr''3 "+" pm!" '3 pr"i&$lr p! i %i!# +'$l*r* % "+ 3'rm!"i'!*

p'r i. . &'!"r&" %";! "+ r#i"r* $r '3 "+ m"r !* "+ p'r pm!" m* % pr'!

;+' r +ri!# p'r"i'! '3 "+ %ill ;+i&+ i i! "+ !m '3 !'"+r pr'! l'!# + i *$l

&'!"i"$"* ;i"++'l*i!# #!" !* +ll '!l ;i"++'l* '! "+ p'r"i'! '3 "+ p! %i!# +'$l*r* % +im.

I!&'m pm!" m* "+r$ %r'@r 'r #!" 'r '"+r pr'! $"+'ri* "' &'ll&"=r&i pm!"

3'r !* '! %+l3 '3 "+ p, ;+"+r 3'r &'!i*r"i'! 'r '"+r;i, +ll li@;i % $%&" "' "+&'rrp'!*i!# ;i"++'l*i!# " r" "' % ;i"++l* % "+ p'r=pr'! +i!# &'!"r'l 'r "+

pm!" ;i"+ "+ &'rrp'!*i!# i$!& '3 &r"i3i&" '3 " ;i"++l* i! "+ !m '3 "+ p

;+'m "+ #!" rpr!".T+ '%li#"i'! "' ;i"++'l* i imp'* $p'! "+ %$r-p'r '3 i!&'m l"+'$#+ "+ %$r*! '3 " i

rll $p'! "+ llr-i!&'m r!r +!&, $!$"i3i%l r3$l '3 "+ l""r "' % $%&"* "'

;i"++'l*i!# +ll % #r'$!* 3'r "+ m!*"'r $*i" '3 +i i!&'m " li%ili"i i!&l$*i!#;i"++'l*i!# " $p'! ri3i* &'mpli!" '3 "+ %$r-p'r.

SECTION 2.57.(. Tim '3 /i"++'l*i!#. < T+ '%li#"i'! '3 "+ p'r "' **$&" !* ;i"++'l* "+

" $!*r S&"i'! 2.57 '3 "+ R#$l"i'! ri " "+ "im ! i!&'m pm!" i pi* 'r p%l, 'r

"+ i!&'m pm!" i &&r$* 'r r&'r** ! p! 'r ", ;+i&+r i ppli&%l, i! "+ p'r? %''@, ;+i&+r &'m 3ir". T+ "rm )p%l) r3r "' "+ *" "+ '%li#"i'! %&'m *$,

*m!*%l 'r l#ll !3'r&%l.

4r'i**, +';r, "+" ;+r i!&'m i !'" " pi* 'r p%l %$" "+ m + %! r&'r** !p! 'r ", ;+i&+r i ppli&%l, i! "+ p'r? %''@, "+ '%li#"i'! "' ;i"++'l* +ll ri i!

"+ l" m'!"+ '3 "+ r"$r! pri'* i! ;+i&+ "+ m i &lim* ! p! 'r m'r"i* 3'r "

p$rp'.Empl < C'rp'r"i'!, *'m"i& &'rp'r"i'! ;+i&+ rp'r" i!&'m !* p! '! &l!*r

r %i, i$ 2-r %'!* ;i"+ 3& l$ '3 4100,000,000 " *i&'$!" m'$!"i!# "' 4,000,000

'! J!$r 1, 2002 "' ";!" 3i 25 i!"'r. I" r&'r* i! i" %''@ "+ m'r"i* p'r"i'! '3 "+

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*i&'$!" p! i! "+ m'$!" '3 4250,000=m'!"+ 4,000,000 *ii** % 2( m'!"+.

Si!& "+ *i&'$!" i !'" " pi* 'r p%l %$" "+ li>$'" p'r"i'! '3 ;+i&+ + lr* %! r&'r**

p! 3'r " p$rp', "+ ;i"++'l*i!# '3 "+ 20 3i!l " +ll % *'! '! "+ l" m'!"+ '3 "+

>$r"r ;+! "+ m + %! &lim* ! p! i! "+ >$r"rl i!&'m " r"$r!=3i!l*$"m!" r"$r! 3il* % C'rp'r"i'!.

T+$, i! "+ %' ill$"r"i'!, "+ m'r"i* *i&'$!" "' % r&'r** % C'rp'r"i'! 3'r "+ m'!"+

'3 J!$r, %r$r !* Fr&+ 2002 m'$!"i!# "' 4750,000 +ll % $%&" "' 20 3i!l " '34150,000 &'m Fr&+ 2002, ;+i&+ " +ll % rmi""* ;i"+i! 10 * 3"r "+ >$r"r !*i!# Fr&+

2002 "+" i, '! 'r %3'r April 10, 2002. T+ i* ;i"++'l*i!# " +ll % rp'r"* i! i" F'!"+l

Rmi""!& R"$r! '3 i!l I!&'m T /i"++l* r>$ir* "' % 3il* i! April 2002. O! "+ '"+r+!*, 3'r "+ &l!*r >$r"r !*i!# D&m%r 2002, "+ ;i"++'l*i!# '3 "+ 3i!l " 3'r "+ m'r"i*

*i&'$!" pr"i!i!# "' "+ m'!"+ '3 O&"'%r, N'm%r !* D&m%r +ll % *'! i! D&m%r

2002 !* "+ rmi""!& "+r'3 +ll % '! 'r %3'r J!$r 15, 2006. T+ i* ;i"++'l*i!# " +ll % rp'r"* i! i" F'!"+l Rmi""!& R"$r! '3 i!l I!&'m T /i"++l* r>$ir* "' % 3il* i!

J!$r 2006.

SECTION 2.57.5. Emp"i'! 3r'm /i"++'l*i!#. < T+ ;i"++'l*i!# '3 &r*i"%l ;i"++'l*i!# "

pr&ri%* i! "+ R#$l"i'! +ll !'" ppl "' i!&'m pm!" m* "' "+ 3'll';i!#:A N"i'!l #'r!m!" #!&i !* i" i!"r$m!"li"i i!&l$*i!# pr'i!&il, &i", m$!i&ipl

#'r!m!" !* %r!# &p" #'r!m!"-';!* !* &'!"r'll* &'rp'r"i'!.

B 4r'! !'i!# mp"i'! 3r'm pm!" '3 i!&'m " p$r$!" "' "+ pr'ii'! '3 !l;, #!rl 'r p&il, $&+ %$" !'" limi"* "' "+ 3'll';i!#:

1 Sl '3 rl pr'pr" % &'rp'r"i'! ;+i&+ i r#i"r* ;i"+ !* &r"i3i* % "+ '$i!# !*

L!* U R#$l"'r B'r* LURB 'r UDCC !##* i! '&ili* +'$i!# pr'&" ;+r "+lli!# pri& '3 "+ +'$ !* l'" 'r '!l "+ l'" *' !'" &* '! +$!*r* i#+" "+'$!* p'

4180,000 i! F"r' F!il !* '"+r +i#+l $r%!i* r !* '! +$!*r* 3i3" "+'$!* p'

4150,000 i! '"+r r 'r $&+ *$"* m'$!" '3 lli!# pri& 3'r '&ili* +'$i!# m l"r

% *"rmi!* !* *'p"* % "+ LURB, pr'i** $!*r Rp$%li& A&" N'. 7279 !* i"implm!"i!# r#$l"i'!

2 C'rp'r"i'! *$l r#i"r* ;i"+ "+ B'r* '3 I!"m!", 4+ilippi! Ep'r" 4r'&i!#

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rp&"il

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I!$r!& C'rp'r"i'! 4IC, "+ 4+ilippi! C+ri" S;p"@ O33i& 4CSO !* "+ 4+ilippi!

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"' ;i"++'l*i!# " pr&ri%* i! "+ r#$l"i'!

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&'!'r"i$m #rm!" $!*r ri& &'!"r&" ;i"+ "+ #'r!m!".

SECTION 2.58. R"$r! !* 4m!" '3 T /i"++l* " S'$r&. < A F'!"+l r"$r! !* pm!" '3 " ;i"++l* " '$r& <

1 /ERE TO ILE < Cr*i"%l ;i"++'l*i!# " Ep!** /i"++'l*i!# T **$&"* !*

;i"++l* % "+ ;i"++'l*i!# #!" +ll % rmi""* % &&'mpli+i!# "+ F'!"+l Rmi""!& R"$r!'3 Cr*i"%l I!&'m T /i"++l* BIR 'rm N'. 101-E !* 3'r 3i!l " F'!"+l Rmi""!&

R"$r! '3 i!l T /i"++l* BIR 'rm N'. 101- i! "ripli&" &'pi ;i"+ F'!"+l Alp+li" '3

4 FA4, "+ " % !* "+ m'$!" ;i"++l* pi* $p'! 3ili!# "+ r"$r! ;i"+ "+ $"+'ri*

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#!" %!@ $!*r "+ $ri*i&"i'! '3 "+ R!$ Di"ri&" O33i& RDO=Lr# Tpr Di"ri&"

O33i& LTDO ;+r "+ ;i"++'l*i!# #!" i r>$ir* "' r#i"r !* 3il "+ r"$r!. I! pl& ;+r

"+r i !' $"+'ri* #!" %!@, "+ r"$r! +ll % 3il* *ir&"l ;i"+ "+ R!$ C'll&"i'! O33i&r

'r "+ *$l $"+'ri* F$!i&ipl=Ci" "r$rr '3 "+ R!$ Di"ri&" O33i& ;+r "+ ;i"++'l*i!##!" i r>$ir* "' r#i"r 'r 3il "+ r"$r!, &p" i! & ;+r "+ C'mmii'!r '"+r;i

prmi".

T+' !'" !##* i! "r*=%$i! 'r pr&"i& '3 pr'3i'! 3'r limi"* "im *$ri!# "+ l&"i'! pri'* *i#!"* ;i"++'l*i!# #!" p$r$!" "' S&"i'! 2.57.6 D !* r>$ir* "' ;i"++'l* i!&'m

pm!" $!*r 2.57.2 $i!# '!l Alp+!$mri& T C'* /i"++'l*i!# T I!*ii*$l /I 80 'r

/i"++'l*i!# T C'rp'r"i'! /C 80 i! "+ rmi""!& '3 " ;i"++l* $i!# F'!"+l Rmi""!&R"$r! '! Cr*i"%l /i"++'l*i!# T " S'$r& BIR 'rm N'. 101-E +ll !'" % r>$ir* "'

""&+ "+ F'!"+l Alp+li" '3 4 FA4.

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i!&l$*i!# 3i!l ;i"++'l*i!# " '! i!"r" 3r'm ! &$rr!& %!@ *p'i" !* il* 'r ! '"+r

m'!"r %!3i" 3r'm *p'i" $%"i"$" !* 3r'm "r$" 3$!* !* imilr rr!#m!" +ll % 3il*

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3'll';i!# r !* &p" 3'r "+ 3i!l &pi"l #i! " '! "+ l 'r '"+r '!r'$ *ip'i"i'! '3 rl

pr'pr" &'!i*r* &pi"l " ;+i&+ m$" % "@!=;i"++l* 3r'm "+ llr % "+ %$r !*rmi""* ;i"+i! "+ir" 60 * 3r'm "+ *" '3 !'"ri"i'! '3 "+ "r!3r *'&$m!" "' "+ &'ll&"i!#

#!" '3 "+ RDO +i!# $ri*i&"i'! 'r "+ pl& ;+r "+ pr'pr" i l'&"*.

FERALCO !* '"+r Di"ri%$"i'! U"ili"i DU r>$ir* "' ;i"++'l* " p$r$!" "' S&. 2.57.2U !* V %' +ll $%mi" F'!"+l Alp+li" '3 4 FA4 A!! )A) 3'r &+ &l!*r

>$r"r, ;+i&+ +ll % l&"r'!i&ll ""&+* "' "+ m'!"+l rmi""!& r"$r! '3 "+ &l!*r >$r"r

.#., BIR 'rm 101-E 3'r "+ >$r"r !*i!# Fr&+ ;i"+ ""&+* FA4 3'r J!$r, %r$r,

Fr&+. I" +ll &'!"i! ! lp+li" '3 &$"'mr 3r'm ;+'m " + %! ;i"++l* 3'r "+ r"$r! pri'* !* i! ;+' %+l3, "+ " ;r rmi""* $!*r BIR 'rm N'. 101-E +';i!# "+ "'"l

m'$!" '3 i!&'m !* " ;i"++l* !* rmi""*.

N'!"+l, i! & '3 *ip'i"i'! '3 rl pr'pr" &li3i* &pi"l " % ! i!*ii*$l "' "+#'r!m!", "+ " "' % imp'* +ll % *"rmi!* i"+r $!*r "+ !'rml i!&'m " r"

imp'* i! S&. 2(A 'r $!*r 3i!l &pi"l #i! " '3 i pr&!" imp'* $!*r S&. 2(D

1 '3 "+ C'*, " "+ 'p"i'! '3 "+ "pr-llr. T+$, i3 "+ llr &+'' "+ 3ir" 'p"i'!, "+ %$r *' !'" + "' ;i"++'l* "+ i pr&!" 3i!l &pi"l #i! " %$" !' Cr"i3i&" A$"+'rii!#

R#i"r"i'! +ll % i$* 3'r "+ "r!&"i'! $!"il "+ llr 'r "+ %$r +'; "+ llr? 3il*

i!&'m " r"$r! r3l&"i!# "+ r$l" '3 "+ $%&" rl "" "r!&"i'!.% /i"+ rp&", +';r, "' "pr, ;+"+r lr# 'r !'!-lr#, ;+' il* '3 "+ l&"r'!i&

3ili!# !* pm!" "m E4S, "+ **li! 3'r l&"r'!i&ll 3ili!# "+ ppli&%l ;i"++'l*i!# "

r"$r! !* pi!# "+ " *$ "+r'! i "+ E4S +ll % 3i 5 * l"r "+! "+ **li! "

%', $!l "+ E4S r#$l"i'! pr'i* 3'r *i33r!" **li! *" !* &p" 3'r "+ 3i!l &pi"l#i! " '! "+ l, %r"r 'r &+!# '3 rl pr'pr" ;+r "+ l; 3i *3i!i" **li! 3'r "+

pm!" "+r'3.

& T+ r"$r! 3'r 3i!l ;i"++'l*i!# " '! i!"r" 3r'm ! &$rr!& %!@ *p'i" !* il* 'r! '"+r m'!"r %!3i" 3r'm *p'i" $%"i"$" !* 3r'm "r$" 3$!* !* imilr rr!#m!" +ll

% 3il* !* "+ pm!" m* ;i"+i! ";!" 3i 25 * 3r'm "+ &l' '3 &+ &l!*r >$r"r.

B /i"++'l*i!# " ""m!" 3'r " ;i"++l* < Er p'r r>$ir* "' **$&" !* ;i"++'l*" $!*r "+ r#$l"i'! +ll 3$r!i+, i! "ripli&", &+ p, ;+"+r i!*ii*$l 'r &'rp'r",

;i"+ ;i"++'l*i!# " ""m!", $i!# "+ pr&ri%* 3'rm BIR 'rm N'. 2607 +';i!# "+ i!&'m

pm!" m* !* "+ m'$!" '3 " ;i"++l* "+r3r'm, 3'r r m'!"+ '3 "+ >$r"r, ;i"+i!

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";!" 20 * 3'll';i!# "+ &l' '3 "+ "%l >$r"r mpl'* % "+ p i! 3ili!# +i=i"

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'rm N'. 2607. il$r "' 3$r!i+ "+ m +ll % #r'$!* 3'r "+ m!*"'r $*i" '3 p'r? i!&'m

" li%ili"i i!&l$*i!# ;i"++'l*i!# " $p'! ri3i* &'mpli!" '3 "+ p.'r 3i!l ;i"++'l*i!# ", "+ ""m!" +'$l* % #i! "' "+ p '! 'r %3'r J!$r 61 '3 "+

$&&*i!# r.

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C A!!$l i!3'rm"i'! r"$r! 3'r i!&'m " ;i"++l* " '$r&. < T+ p'r i r>$ir* "' 3il

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/i"++'l*i!# A#!", '! 'r %3'r Fr&+ 1 '3 "+ 3'll';i!# r i! ;+i&+ pm!" ;r m*, !

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l&"i'! pri'* $!*r S&. 2.57.6D ;+' r !'" !##* i! %$i! 'r pr&"i& '3 pr'3i'! !*

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C'rp'r"i'! /C 80 ;+' *$ *" +ll % ;i"+i! "+ir" 60 * 3"r "+ * '3 l&"i'!, !* '!'r %3'r J!$r 61 '3 "+ i* r ! A!!$l I!3'rm"i'! R"$r! '! I!&'m T /i"++l* '!

C'mp!"i'! !* i!l /i"++'l*i!# T BIR 'rm N'. 10(-C, +';i!# m'!# '"+r "+

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$&+ '"+r i!3'rm"i'! m % r>$ir* % "+ C'mmii'!r.I3 "+ p'r i "+ G'r!m!" '3 "+ 4+ilippi! 'r ! p'li"i&l $%*iii'! 'r #!& "+r'3, 'r !

#'r!m!"-';!* 'r &'!"r'll* &'rp'r"i'!, "+ r"$r! +ll % m* % "+ '33i&r 'r mpl'

+i!# &'!"r'l '3 "+ pm!" 'r % ! *i#!"* '33i&r 'r mpl'.

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C'*. 'r p$rp' '3 *'&$m!""i'!, m % r>$ir* % '"+r #!&i i! "+ #'r!m!"

i!&l$*i!#, %$" !'" limi"* "', "+ B$r$ '3 Immi#r"i'! ;ll 3'r p$rp' '3 "%li+i!#3i!!&il &p&i" 3'r %!@ l'! 'r &r*i" &r* ppli&"i'! i! pri" !* p$%li& !"i"i !* '"+r

p$rp', BIR 'rm N'. 260 *$l i#!* % "+ mpl'r !* "+ mpl' +ll $33i&. T+ "rm

)! i!*ii*$l ;+' &'mp!"i'! i!&'m + %! $%&"* "' 3i!l ;i"++'l*i!# ") +ll i!&l$*li! 'r ilipi!' &i"i! '&&$pi!# "+ m p'i"i'! "+ li! mpl', "+ & m %,

;+' r mpl'* % r#i'!l 'pr"i!# +*>$r"r, r#i'!l 'r r +*>$r"r, '33+'r %!@i!#

$!i", p"r'l$m ri& &'!"r&"'r !* $%-&'!"r&"'r, p$r$!" "' pr"i!!" pr'ii'! '3 S&"i'!25C, D, E !* 57A '3 "+ T C'* '3 1997, Rp$%li& A&" N'. 875, 4ri*!"il D&r N'.

165(, !* '"+r pr"i!!" l;.

SECTION 2.58.1. I!&'m '3 R&ipi!". < I!&'m $p'! ;+i&+ ! &r*i"%l " i r>$ir* "' %

;i"++l* " '$r& +ll % i!&l$** i! "+ r"$r! '3 i" r&ipi!". T+ & '3 "+ ;i"++l* " 'r"+ " *$ '! +i r"$r! +ll % r3$!** "' +im $%&" "' "+ $"+'ri" '3 "+ C'mmii'!r "'

r3$!* " $!*r S&. 20( '3 "+ NIRC. I3 "+ i!&'m " &'ll&"* " '$r& i l "+! "+ " *$

'! +i r"$r!, "+ *i33r!& +ll % pi* i! &&'r*!& ;i"+ "+ pr'ii'! '3 S&. 5 '3 "+ C'*.T+ " ;i"++l* % "+ ;i"++'l*i!# #!" +ll % mi!"i!* i! pr" &&'$!" !* +'$l* !'"

% &'mmi!#l* ;i"+ ! '"+r 3$!* '3 "+ ;i"++'l*i!# #!". T+ +ll % &'!i*r* "r$" 3$!*

+l* 3'r #'r!m!" $!"il "+ r rmi""*.SECTION 2.58.2. R#i"r"i'! ;i"+ "+ R#i"r '3 D*. < D* '3 &'!!& '3 l!* 'r l!*

!* %$il*i!#=impr'm!" "+r'! rii!# 3r'm l, %r"r, 'r &+!# $%&" "' "+ &r*i"%l

p!** ;i"++'l*i!# " +ll !'" % r&'r** % "+ R#i"r '3 D* $!l "+ C'mmii'!r 'r

7/23/2019 RR 2-98 (as Amended)


+i *$l $"+'ri* rpr!""i + &r"i3i* "+" $&+ "r!3r !* &'!!& + %! rp'r"*

!* "+ p!** ;i"++'l*i!# ", i!&l$i '3 "+ *'&$m!"r "mp ", *$ "+r'! + %! 3$ll

pi*, p$r$!" "' "+ pr'ii'! '3 S&"i'! 57 !* 19 '3 "+ C'*, rp&"il.

T+ R#i"r '3 D* +ll !!'"" '! "+ Ori#i!l Cr"i3i&" '3 Ti"l, Tr!3r Cr"i3i&" '3 Ti"l 'rC'!*'mi!i$m Cr"i3i&" '3 Ti"l '3 "+ i* pr'pr" $&+ i!3'rm"i'! r>$ir* $!*r S&"i'! 58E

'3 "+ T C'*. I! & '3 ! i'l"i'! '3 "+ i* r>$irm!", + +ll % li%l "' "+ p!l"i

pr'i** $!*r S&"i'! 29 '3 "+ i* T C'*.SECTION 2.58.6. Clim 3'r T Cr*i" 'r R3$!*. <

A T+ m'$!" '3 &r*i"%l " ;i"++l* +ll % ll';* " &r*i" #i!" "+ i!&'m "

li%ili" '3 "+ p i! "+ >$r"r '3 "+ "%l r i! ;+i&+ i!&'m ; r!* 'r r&i*.B Clim 3'r " &r*i" 'r r3$!* '3 ! &r*i"%l i!&'m " ;+i&+ ; **$&"* !* ;i"++l*

'! i!&'m pm!" +ll % #i! *$ &'$r '!l ;+! i" i +';! "+" "+ i!&'m pm!" + %!

*&lr* pr" '3 "+ #r' i!&'m !* "+ 3&" '3 ;i"++'l*i!# i "%li+* % &'p '3 "+;i"++'l*i!# " ""m!" *$l i$* % "+ p'r "' "+ p +';i!# "+ m'$!" pi* !* "+

m'$!" '3 " ;i"++l* "+r3r'm.

4r''3 '3 rmi""!& i "+ rp'!i%ili" '3 "+ ;i"++'l*i!# #!".

C E& Cr*i" < A! i!*ii*$l 'r &'rp'r" "pr? & p!** ;i"++'l*i!# "&r*i" 3'r "+ "%l >$r"r=r +ll $"'m"i&ll % ll';* &r*i" #i!" +i i!&'m " *$

3'r "+ "%l >$r"r=r imm*i"l $&&*i!# "+ "%l >$r"r=r i! ;+i&+ "+ &

&r*i" r', pr'i** + $%mi" ;i"+ +i i!&'m " r"$r!, &'p '3 "+ 3ir" p# '3 +i i!&'m "r"$r! 3'r "+ pri'$ "%l pri'* +';i!# "+ m'$!" '3 +i & ;i"++'l*i!# " &r*i", !* '!

;+i&+ r"$r! + + !'" 'p"* 3'r &+ r3$!* 'r " &r*i" &r"i3i&". &*"i

1 I3 i! li$ '3 "+ $"'m"i& ppli&"i'! '3 +i & &r*i", "+ "pr ;!" &+ r3$!* 'r " &r*i" &r"i3i&" 3'r $ i! pm!" '3 +i '"+r !"i'!l i!"r!l r!$ " li%ili"i, + +ll

m@ ;ri""! r>$" "+r3'r, ;i"+i! ";' r 3"r "+ pm!" '3 "+ " R3. S&. 20(& !*

229 '3 "+ C'* , pr'i** +';r, "+" i3 "+ "pr + i!*i&"* i! +i i!&'m " r"$r! +i

'p"i'! 3'r i"+r &+ r3$!* 'r " &r*i" &r"i3i&", $&+ i!*i&"i'! +ll % &'!i*r* $33i&i!"3'r "+ p$rp'. Up'! 3ili!# '3 +i r>$", "+ "pr? i!&'m " r"$r! +';i!# "+ &

p!** ;i"++'l*i!# " &r*i" +ll % mi!*. T+ & p!** ;i"++'l*i!# " '

*"rmi!*, +ll % r3$!**=&r*i"* "' "+ "pr.2 Smpl &'mp$""i'! '3 ppli&"i'! '3 & &r*i"-'r*i!r

T%l 4ri'*

1997 1998-TR1 1998-TR2 1998-TR6T D$ 1,000 200 200 500

L: T

/i"++l* 1,500500 600 0 N" T

4%l=

Cr*i"%l 500 600 100 500

I! "+ %' ill$"r"i'!, "+r i ! & &r*i" i! 1997 "+" &! % ppli* "' "+ $%>$!" >$r"r.A!* i3 "+ 'p"i'! "' ppl "+ & &r*i" i i!i"i"* i! "+ 3ir" >$r"r '3 1998, "+ "pr &!!'"

il '3 r3$!*=" &r*i" &r"i3i&" '3 "+ & &r*i" '3 4500 i! 1997.

SECTION 2.58.(. Vri3i&"i'! '3 R"$r! !* S""m!". < A! r"$r!, ""m!" 'r '"+r*'&$m!" r>$ir* "' % 3il* $!*r "+ R#$l"i'! +ll &'!"i! ;ri""! *&lr"i'! "+" i" i

m* $!*r p!l"i '3 pr$r !* $&+ *&lr"i'! +ll % $!*r '"+.

I" +ll % "+ *$" '3 " '33i&il "' &&p" "+ i!&'m " r"$r! 'r '"+r *'&$m!" $%mi""* $!*r'"+.

SECTION 2.58.5. R>$irm!" 3'r D*$&"i%ili". < A! i!&'m pm!" ;+i&+ i '"+r;i

**$&"i%l $!*r "+ C'* +ll % ll';* **$&"i'! 3r'm "+ p'r? #r' i!&'m '!l i3 i" i

7/23/2019 RR 2-98 (as Amended)


+';! "+" "+ i!&'m " r>$ir* "' % ;i"++l* + %! pi* "' "+ B$r$ i! &&'r*!& ;i"+ S&.

57 !* 58 '3 "+ C'*.

A **$&"i'! ;ill l' % ll';* i! "+ 3'll';i!# & ;+r !' ;i"++'l*i!# '3 " ; m*:

LLi%A T+ p rp'r"* "+ i!&'m !* p "+ " *$ "+r'! !* "+ ;i"++'l*i!# #!" p "+

" i!&l$*i!# "+ i!"r" i!&i*!" "' "+ 3il$r "' ;i"++'l* "+ ", !* $r&+r#, i3 ppli&%l, " "+

"im '3 "+ $*i" i!"i#"i'! 'r ri!"i#"i'!=r&'!i*r"i'!.B T+ r&ipi!"=p 3il* "' rp'r" "+ i!&'m '! "+ *$ *" "+r'3, %$" "+ ;i"++'l*i!#

#!"="pr p "+ ", i!&l$*i!# "+ i!"r" i!&i*!" "' "+ 3il$r "' ;i"++'l* "+ ", !*

$r&+r#, i3 ppli&%l, " "+ "im '3 "+ $*i"=i!"i#"i'! 'r ri!"i#"i'!=r&'!i*r"i'!.C T+ ;i"++'l*i!# #!" rr'!'$l $!*r;i"++l* "+ " %$" p "+ *i33r!& %";! "+

&'rr&" m'$!" !* "+ m'$!" '3 " ;i"++l*, i!&l$*i!# "+ i!"r", i!&i*!" "' $&+ rr'r, !*

$r&+r#, i3 ppli&%l, " "+ "im '3 "+ $*i"=i!"i#"i'! 'r ri!"i#"i'!=r&'!i*r"i'!.I"m '3 **$&"i'! rpr!"i!# r"$r! '3 &pi"l $&+ "+' pr"i!i!# "' p$r&+ '3 r; m"ril

3'rmi!# pr" '3 3i!i+* pr'*$&" 'r p$r&+ '3 #''* 3'r rl, +ll % ll';* **$&"i'! $p'!

"+ ;i"++'l*i!# #!"? pm!" '3 "+ %i& ;i"++'l*i!# " !* p!l"i i!&i*!" "' !'!-;i"++'l*i!#

'r $!*r;i"++'l*i!#.SECTION 2.58.. T 4i* % R&ipi!" '3 I!&'m. < Er pr'! ;+' i r>$ir* "' ;i"++'l*

"+ " 3r'm "+ &'mp!"i'! '3 ! mpl' i li%l 3'r "+ pm!" '3 $&+ " "' "+ BIR. S$&+

li%ili" " ! i3 "+ mpl' $%>$!"l p "+ ". T+ pm!" '3 "+ " % "+ mpl'*' !'" rli "+ mpl'r 3r'm "+ li%ili" 3'r p!l"i !*='r **i"i'! "' "+ " 3'r 3il$r "'

**$&" !* ;i"++'l* ;i"+i! "+ "im pr&ri%* % l; 'r r#$l"i'!. T+ mpl'r ;ill !'" %

rli* '3 +i li%ili" 3'r pm!" '3 "+ " r>$ir* "' % ;i"++l* $!l + &! +'; "+" "+ "+ %! pi* % "+ mpl'. T+ m'$!" '3 ! " ;i"++l*=&'ll&"* % "+ mpl'r i p&il

3$!* i! "r$" 3'r "+ #'r!m!" '3 "+ 4+ilippi!.

SECTION 2.78. /i"++'l*i!# T '! C'mp!"i'!. < T+ ;i"++'l*i!# '3 " '! &'mp!"i'!

i!&'m i m"+'* '3 &'ll&"i!# "+ i!&'m " " '$r& $p'! r&ip" '3 "+ i!&'m. I" ppli "' llmpl'* i!*ii*$l ;+"+r &i"i! 'r li!, *rii!# i!&'m 3r'm &'mp!"i'! 3'r ri&

r!*r* i! "+ 4+ilippi!. T+ mpl'r i &'!"i"$"* "+ ;i"++'l*i!# #!".

SECTION 2.78.1. /i"++'l*i!# '3 I!&'m T '! C'mp!"i'! I!&'m. < A C'mp!"i'! I!&'m D3i!*. < I! #!rl, "+ "rm )&'mp!"i'!) m! ll rm$!r"i'!

3'r ri& pr3'rm* % ! mpl' 3'r +i mpl'r $!*r ! mpl'r-mpl' rl"i'!+ip,

$!l p&i3i&ll &l$** % "+ C'*.T+ !m % ;+i&+ "+ rm$!r"i'! 3'r ri& i *i#!"* i imm"ril. T+$, lri, ;#,

m'l$m!" !* +'!'rri, ll';!&, &'mmii'! .#., "r!p'r""i'!, rpr!""i'!,

!"r"i!m!" !* "+ li@ 3 i!&l$*i!# *ir&"'r? 3, i3 "+ *ir&"'r i, " "+ m "im, !mpl' '3 "+ mpl'r=&'rp'r"i'! "%l %'!$ !* 3ri!# %!3i" &p" "+' ;+i&+ r

$%&" "' "+ 3ri!# %!3i" " $!*r S&. 66 '3 "+ C'* "%l p!i'! !* r"irm!" p !*

'"+r i!&'m '3 imilr !"$r &'!"i"$" &'mp!"i'! i!&'m.

T+ %i $p'! ;+i&+ "+ rm$!r"i'! i pi* i imm"ril i! *"rmi!i!# ;+"+r "+ rm$!r"i'!&'!"i"$" &'mp!"i'!. T+$, i" m % pi* '! "+ %i '3 pi&-;'r@, 'r pr&!"# '3 pr'3i"

!* m % pi* +'$rl, *il, ;@l, m'!"+l 'r !!$ll. &*rp

Rm$!r"i'! 3'r ri& &'!"i"$" &'mp!"i'! ! i3 "+ rl"i'!+ip '3 mpl'r !* mpl'*' !'" i" ! l'!#r " "+ "im ;+! pm!" i m* %";! "+ pr'! i! ;+' mpl' "+

ri& +* %! pr3'rm* !* "+ i!*ii*$l ;+' pr3'rm* "+m.

1 C'mp!"i'! pi* i! @i!*. < C'mp!"i'! m % pi* i! m'! 'r i! 'm m*i$m '"+r"+! m'!, 3'r mpl, "'&@, %'!* 'r '"+r 3'rm '3 pr'pr". I3 ri& r pi* 3'r i!

m*i$m '"+r "+! m'!, "+ 3ir mr@" l$ '3 "+ "+i!# "@! i! pm!" i "+ m'$!" "' %

i!&l$** &'mp!"i'! $%&" "' ;i"++'l*i!#. I3 "+ ri& r r!*r* " "ip$l"* pri&, i!

7/23/2019 RR 2-98 (as Amended)


"+ %!& '3 i*!& "' "+ &'!"rr, $&+ pri& ;ill % pr$m* "' % "+ 3ir mr@" l$ '3 "+

rm$!r"i'! r&i*. I3 &'rp'r"i'! "r!3r "' i" mpl' i" ';! "'&@ rm$!r"i'! 3'r

ri& r!*r* % "+ mpl', "+ m'$!" '3 $&+ rm$!r"i'! i "+ 3ir mr@" l$ '3 "+

"'&@ " "+ "im "+ ri& ;r r!*r*./+r &'mp!"i'! i pi* i! pr'pr" '"+r "+! m'!, "+ mpl'r +ll m@ !&r

rr!#m!" "' !$r "+" "+ m'$!" '3 "+ " r>$ir* "' % ;i"++l* i il%l 3'r pm!" "'

"+ C'mmii'!r.2 Lii!# >$r"r 'r ml. < I3 pr'! r&i lr rm$!r"i'! 3'r ri& r!*r*,

!* i! **i"i'! "+r"', lii!# >$r"r 'r ml r pr'i**, "+ l$ "' $&+ pr'! '3 "+ >$r"r

!* ml ' 3$r!i+* +ll % *** "' "+ rm$!r"i'! pi* 3'r "+ p$rp' '3 *"rmi!i!# "+m'$!" '3 &'mp!"i'! $%&" "' ;i"++'l*i!#. ';r, i3 lii!# >$r"r 'r ml r 3$r!i+* "'

! mpl' 3'r "+ &'!!i!& '3 "+ mpl'r, "+ l$ "+r'3 !* !'" % i!&l$** pr" '3

&'mp!"i'! i!&'m.6 &ili"i !* priil# '3 rl"il mll l$. < Or*i!ril, 3&ili"i, !* priil# $&+

!"r"i!m!", m*i&l ri&, 'r '-&ll* )&'$r") *i&'$!" '! p$r&+, '"+r;i @!';!

)* mi!imi %!3i",) 3$r!i+* 'r '33r* % ! mpl'r "' +i mpl', r !'" &'!i*r*

&'mp!"i'! $%&" "' i!&'m " !* &'!>$!"l "' ;i"++'l*i!# ", i3 $&+ 3&ili"i 'r priil#r '3 rl"il mll l$ !* r '33r* 'r 3$r!i+* % "+ mpl'r mrl m! '3

pr'm'"i!# "+ +l"+, #''*;ill, &'!"!"m!", 'r 33i&i!& '3 +i mpl'.

T+ 3'll';i!# +ll % &'!i*r* )* mi!imi) %!3i" !'" $%&" "' i!&'m " ;ll ;i"++'l*i!# " '! &'mp!"i'! i!&'m '3 %'"+ m!#ril !* r!@ !* 3il mpl':

F'!"i* $!$* &"i'! l &r*i" '3 pri" mpl' !'" &*i!# "! 10 *

*$ri!# "+ r% F'!"i* l$ '3 &"i'! !* i&@ l &r*i" pi* "' #'r!m!" '33i&il !* mpl'

& F*i&l &+ ll';!& "' *p!*!" '3 mpl', !'" &*i!# 4750 pr mpl' pr

m"r 'r 4125 pr m'!"+

* Ri& $%i* '3 41,500 'r '! 1 &@ '3 50 @#. ri& pr m'!"+ m'$!"i!# "' !'" m'r "+!41,500

U!i3'rm !* Cl'"+i!# ll';!& !'" &*i!# 45,000 pr !!$m

3 A&"$l m*i&l i"!&, .#., m*i&l ll';!& "' &'r m*i&l !* +l"+&r !*,!!$l m*i&l=&$"i &+&@-$p, m"r!i" i"!&, !* r'$"i! &'!$l""i'!, !'" &*i!#

410,000.00 pr !!$m

# L$!*r ll';!& !'" &*i!# 4600 pr m'!"++ Empl' &+im!" ;r*, .#., 3'r l!#"+ '3 ri& 'r 3" &+im!", ;+i&+ m$"

% i! "+ 3'rm '3 "!#i%l pr'!l pr'pr" '"+r "+! &+ 'r #i3" &r"i3i&", ;i"+ ! !!$l

m'!"r l$ !'" &*i!# 410,000 r&i* % "+ mpl' $!*r ! "%li+* ;ri""! pl!;+i&+ *' !'" *i&rimi!" i! 3'r '3 +i#+l pi* mpl'

i Gi3" #i! *$ri!# C+ri"m !* m'r !!irr &l%r"i'! !'" &*i!# 45,000 pr

mpl' pr !!$m

Dil ml ll';!& 3'r 'r"im ;'r@ !* !i#+"=#rr* +i3" !'" &*i!# ";!"-3i pr&!" 25 '3 "+ %i& mi!im$m ;# '! pr r#i'! %i

All '"+r %!3i" #i! % mpl'r ;+i&+ r !'" i!&l$** i! "+ %' !$mr"i'! +ll !'" %

&'!i*r* )* mi!imi) %!3i", !* +!&, +ll % $%&" "' i!&'m " ;ll ;i"++'l*i!#" '! &'mp!"i'! i!&'m.

A! m'$!" #i! % "+ mpl'r %!3i" "' i" mpl', ;+"+r &li3i* )* mi!imi)

%!3i" 'r 3ri!# %!3i", +ll &'!"i"$" **$&"i%l p! $p'! $&+ mpl'r./+r &'mp!"i'! i pi* i! pr'pr" '"+r "+! m'!, "+ mpl'r +ll m@ !&r

rr!#m!" "' !$r "+" "+ m'$!" '3 "+ " r>$ir* "' % ;i"++l* i il%l 3'r pm!" "'

"+ B$r$ '3 I!"r!l R!$.

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( Tip !* #r"$i"i. < Tip 'r #r"$i"i pi* *ir&"l "' ! mpl' % &$"'mr '3 "+

mpl'r ;+i&+ r !'" &&'$!"* 3'r % "+ mpl' "' "+ mpl'r r &'!i*r* "%l

i!&'m %$" !'" $%&" "' ;i"++'l*i!#.

5 4!i'!, r"irm!" !* pr"i'! p. < 4!i'!, r"irm!" !* pr"i'! p &'!"i"$"&'mp!"i'! $%&" "' ;i"++'l*i!#, &p" "+' pr'i** $!*r S$%&"i'! B '3 "+i &"i'!.

i* 'r ri%l "r!p'r""i'!, rpr!""i'! !* '"+r ll';!& <

IN GENERAL, 3i* 'r ri%l "r!p'r""i'!, rpr!""i'! !* '"+r ll';!& ;+i&+ rr&i* % p$%li& '33i&r 'r mpl' '3 pri" !"i", i! **i"i'! "' "+ r#$lr &'mp!"i'!

3i* 3'r +i p'i"i'! 'r '33i&, i &'mp!"i'! $%&" "' ;i"++'l*i!#. 4r'i**, +';r, "+"

Rpr!""i'! !* Tr!p'r""i'! All';!& RATA #r!"* "' p$%li& '33i&r !* mpl' $!*r"+ G!rl Appr'pri"i'! A&" !* "+ 4r'!!l E&'!'mi& Rli3 All';!& 4ERA ;+i&+

!"ill &'!"i"$" rim%$rm!" 3'r p! i!&$rr* i! "+ pr3'rm!& '3 #'r!m!"

pr'!!l? '33i&il *$"i +ll !'" % $%&" "' i!&'m " !* &'!>$!"l "' ;i"++'l*i!# ".4r'i** 3$r"+r, "+" p$r$!" "' E.O. 219 ;+i&+ "''@ 33&" '! J!$r 1, 2000, A**i"i'!l

C'mp!"i'! All';!& ACA #i! "' #'r!m!" pr'!!l +ll !'" % $%&" "' ;i"++'l*i!# "

p!*i!# i" 3'rml i!"#r"i'! i!"' "+ %i& p. C'!>$!"l, !* 33&"i 3'r "+ "%l r 2000,

ACA +ll % &li3i* pr" '3 "+ )'"+r %!3i") $!*r S&"i'! 62B7 '3 "+ C'* ;+i&+ r&l$** 3r'm #r' &'mp!"i'! i!&'m pr'i** "+ "'"l m'$!" '3 $&+ %!3i" *' !'" &*

460,000.00.

% A! m'$!" pi* p&i3i&ll, i"+r *!& 'r rim%$rm!" 3'r "rlli!#,rpr!""i'! !* '"+r %'!3i* 'r*i!r !* !&r p! i!&$rr* 'r r'!%l p&"* "'

% i!&$rr* % "+ mpl' i! "+ pr3'rm!& '3 +i *$"i r !'" &'mp!"i'! $%&" "'

;i"++'l*i!#, i3 "+ 3'll';i!# &'!*i"i'! r "i3i*:i I" i 3'r 'r*i!r !* !&r "rlli!# !* rpr!""i'! 'r !"r"i!m!" p! pi* 'r

i!&$rr* % "+ mpl' i! "+ p$r$i" '3 "+ "r*, %$i! 'r pr'3i'! !*

ii T+ mpl' i r>$ir* "' &&'$!"=li>$i*" 3'r "+ p! i! &&'r*!& ;i"+ "+ p&i3i&

r>$irm!" '3 $%"!"i"i'! 3'r &+ &"#'r '3 p! p$r$!" "' S&. 6( '3 "+ C'*. T+& '3 *!& m* 'r &"$l p! +ll &'!"i"$" "%l i!&'m i3 $&+ m'$!" i !'"

r"$r!* "' "+ mpl'r. R'!%l m'$!" '3 rim%$rm!"=*!& 3'r "rlli!# !*

!"r"i!m!" p! ;+i&+ r pr-&'mp$"* '! *il %i !* r pi* "' ! mpl' ;+il +i '! ! i#!m!" 'r *$" !* !'" % $%&" "' "+ r>$irm!" '3 $%"!"i"i'! !* "'

;i"++'l*i!#.

7 V&"i'! !* i&@ l ll';!&. < Am'$!" '3 )&"i'! ll';!& 'r i&@ l &r*i");+i&+ r pi* "' ! mpl' &'!"i"$" &'mp!"i'!. T+$, "+ lr '3 ! mpl' '! &"i'! 'r

'! i&@ l, ;+i&+ i pi* !'";i"+"!*i!# +i %!& 3r'm ;'r@ &'!"i"$" &'mp!"i'!.

';r, "+ m'!"i* l$ '3 $!$"ili* &"i'! l &r*i" '3 "! 10 * 'r l ;+i&+ r pi* "' pri" mpl' *$ri!# "+ r !* "+ m'!"i* l$ '3 l &r*i" pi* "' #'r!m!"

'33i&il !* mpl' +ll !'" % $%&" "' i!&'m " !* &'!>$!"l "' ;i"++'l*i!# ".

8 D*$&"i'! m* % mpl'r 3r'm &'mp!"i'! '3 mpl'. < A! m'$!" ;+i&+ i

r>$ir* % l; "' % **$&"* % "+ mpl'r 3r'm "+ &'mp!"i'! '3 ! mpl' i!&l$*i!# "+;i"++l* " i &'!i*r* pr" '3 "+ mpl'? &'mp!"i'! !* i *m* "' % pi* "' "+

mpl' &'mp!"i'! " "+ "im "+ **$&"i'! i m*.

9 Rm$!r"i'! 3'r ri& mpl' '3 !'!ri*!" li! i!*ii*$l 'r 3'ri#! !"i". <T+ "rm )&'mp!"i'!) i!&l$* rm$!r"i'! 3'r ri& pr3'rm* % ! mpl' '3

!'!ri*!" li! i!*ii*$l, 3'ri#! pr"!r+ip 'r 3'ri#! &'rp'r"i'!, ;+"+r 'r !'" $&+ li!

i!*ii*$l 'r 3'ri#! !"i" i !##* i! "r* 'r %$i! ;i"+i! "+ 4+ilippi!. A! pr'! pi!#&'mp!"i'! '! %+l3 '3 !'!-ri*!" li! i!*ii*$l, 3'ri#! pr"!r+ip, 'r 3'ri#! &'rp'r"i'!

;+i&+ i !'" !##* i! "r* 'r %$i! ;i"+i! "+ 4+ilippi! i $%&" "' ll pr'ii'! '3 l; !*

r#$l"i'! ppli&%l "' ! mpl'r.

7/23/2019 RR 2-98 (as Amended)


10 C'mp!"i'! 3'r ri& pr3'rm* '$"i* "+ 4+ilippi!. < Rm$!r"i'! 3'r ri&

pr3'rm* '$"i* "+ 4+ilippi! % ri*!" &i"i! 3'r *'m"i& 'r ri*!" 3'ri#! &'rp'r"i'!

'r pr"!r+ip, 'r 3'r !'!-ri*!" &'rp'r"i'! 'r pr"!r+ip, 'r 3'r !'!-ri*!" i!*ii*$l !'"

!##* i! "r* 'r %$i! i! "+ 4+ilippi! +ll % "r"* &'mp!"i'! ;+i&+ i $%&" "' ".A !'!-ri*!" &i"i! *3i!* i! "+ r#$l"i'! i "%l '!l '! i!&'m *ri* 3r'm '$r&

;i"+i! "+ 4+ilippi!. I! #!rl, "+ i"$ '3 "+ i!&'m ;+"+r ;i"+i! 'r ;i"+'$" "+ 4+ilippi!, i

*"rmi!* % "+ pl& ;+r "+ ri& i r!*r*.B Emp"i'! 3r'm ;i"++'l*i!# " '! &'mp!"i'!. < T+ 3'll';i!# i!&'m pm!" r

mp"* 3r'm "+ r>$irm!" '3 ;i"++'l*i!# " '! &'mp!"i'!:

1 Rm$!r"i'! r&i* ! i!&i*!" '3 mpl'm!", 3'll';: R"irm!" %!3i" r&i* $!*r Rp$%li& A&" $!*r 7(1 !* "+' r&i* % '33i&il

!* mpl' '3 pri" 3irm, ;+"+r i!*ii*$l 'r &'rp'r", $!*r r'!%l pri" %!3i"

pl! mi!"i!* % "+ mpl'r ;+i&+ m" "+ 3'll';i!# r>$irm!":i T+ pl! m$" % r'!%l

ii T+ %!3i" pl! m$" % ppr'* % "+ B$r$

iii T+ r"iri!# '33i&il 'r mpl' m$" + %! i! "+ ri& '3 "+ m mpl'r 3'r " l"

"! 10 r !* i !'" l "+! 3i3" 50 r '3 # " "+ "im '3 r"irm!" !*i T+ r"iri!# '33i&il 'r mpl' +'$l* !'" + pri'$l il* '3 "+ priil# $!*r "+

r"irm!" %!3i" pl! '3 "+ m 'r !'"+r mpl'r.

% A! m'$!" r&i* % ! '33i&il 'r mpl' 'r % +i +ir 3r'm "+ mpl'r *$ "' *"+,i&@! 'r '"+r p+i&l *i%ili" 'r 3'r ! &$ %'!* "+ &'!"r'l '3 "+ i* '33i&il 'r

mpl', $&+ r"r!&+m!", r*$!*!&, 'r &"i'! '3 %$i!. &*rp

T+ p+r )3'r ! &$ %'!* "+ &'!"r'l '3 "+ i* '33i&il 'r mpl') &'!!'" i!'l$!"ri!'! "+ pr" '3 "+ '33i&il 'r mpl'. T+ pr"i'! 3r'm "+ ri& '3 "+ '33i&il 'r mpl' m$"

!'" % @* 3'r 'r i!i"i"* % +im. T+ pr"i'! ; !'" '3 +i ';! m@i!#. /+"+r 'r !'" "+

pr"i'! i %'!* "+ &'!"r'l '3 "+ '33i&il 'r mpl', %i!# !"ill >$"i'! '3 3&", +ll

% *"rmi!* '! "+ %i '3 prili!# 3&" !* &ir&$m"!&. I" +ll % *$l "%li+* % "+mpl'r % &'mp"!" i*!& ;+i&+ +'$l* % ""&+* "' "+ m'!"+l r"$r! 3'r "+ pri'* i!

;+i&+ "+ m'$!" pi* *$ "' "+ i!'l$!"r pr"i'! ; m*.

Am'$!" r&i* % r'! '3 i!'l$!"r pr"i'! rmi! mp" 3r'm i!&'m " ! i3 "+'33i&il 'r "+ mpl', " "+ "im '3 pr"i'!, +* r!*r* l "+! "! 10 r '3 ri&

!*='r i %l'; 3i3" 50 r '3 #.

A! pm!" m* % ! mpl'r "' ! mpl' '! &&'$!" '3 *imil, &'!"i"$" &'mp!"i'!r#r*l '3 ;+"+r "+ mpl'r i l#ll %'$!* % &'!"r&", ""$", 'r '"+r;i, "' m@ $&+

pm!".

& S'&il &$ri" %!3i", r"irm!" #r"$i"i, p!i'! !* '"+r imilr %!3i" r&i* %ri*!" 'r !'!-ri*!" &i"i! '3 "+ 4+ilippi! 'r li! ;+' &'m "' ri* prm!!"l i! "+

4+ilippi! 3r'm 3'ri#! #'r!m!" #!&i !* '"+r i!"i"$"i'! pri" 'r p$%li&

* 4m!" '3 %!3i" *$ 'r "' %&'m *$ "' ! pr'! ri*i!# i! "+ 4+ilippi! $!*r "+

l; '3 "+ U!i"* S"" *mi!i"r* % "+ U!i"* S"" V"r! A*mi!i"r"i'! 4m!" '3 %!3i" m* $!*r "+ S'&il S&$ri" S"m A&" '3 195( m!** !*

3 B!3i" r&i* 3r'm "+ GSIS A&" '3 1967, m!**, !* "+ r"irm!" #r"$i" r&i*

% #'r!m!" '33i&il !* mpl'.2 Rm$!r"i'! pi* 3'r #ri&$l"$rl l%'r <

Rm$!r"i'! 3'r ri& ;+i&+ &'!"i"$" #ri&$l"$rl l%'r !* pi* !"irl i! pr'*$&" '3

"+ 3rm ;+r "+ l%'r i pr3'rm* i !'" $%&" "' ;i"++'l*i!#. I! #!rl, +';r, "+ "rm,)#ri&$l"$rl l%'r) *' !'" i!&l$* ri& pr3'rm* i! &'!!&"i'! ;i"+ 3'r"r, l$m%ri!# 'r

l!*&pi!#.

% Rm$!r"i'! pi* !"irl i! pr'*$&" '3 "+ 3rm ;+r "+ l%'r i pr3'rm* % !

7/23/2019 RR 2-98 (as Amended)


mpl' '3 ! pr'! i! &'!!&"i'! ;i"+ ! '3 "+ 3'll';i!# &"ii"i i &p"* rm$!r"i'!

3'r #ri&$l"$rl l%'r:

i T+ &$l"i"i'! '3 'il

ii T+ rii!#, +ri!#, 3*i!#, &ri!# 3'r, "ri!i!#, 'r m!#m!" '3 li"'&@, %, p'$l"r, 'r ;il*li3 'r

iii T+ rii!# 'r +r"i!# '3 ! '"+r #ri&$l"$rl 'r +'r"i&$l"$rl &'mm'*i". T+ "rm )3rm)

$* i! "+i $%&"i'! i!&l$*, %$" i !'" limi"* "' "'&@, *ir, p'$l"r, 3r$i" !* "r$&@ 3rm, pl!""i'!, r!&+, !$rri r!#, 'r&+r*, !* $&+ #r!+'$ !* '"+r imilr "r$&"$r r

$* primril 3'r "+ rii!# '3 #ri&$l"$rl 'r +'r"i&$l"$rl &'mm'*i"i.

& T+ rm$!r"i'! pi* !"irl i! pr'*$&" '3 "+ 3rm ;+r l%'r i pr3'rm* 3'r "+3'll';i!# ri& i! "+ mpl' '3 "+ ';!r 'r "!!" 'r '"+r 'pr"'r '3 '! 'r m'r 3rm i !'"

&'!i*r* rm$!r"i'! 3'r #ri&$l"$rl l%'r, pr'i** "+ m'r pr" '3 $&+ ri& i pr3'rm*

'! 3rm:i Sri& pr3'rm* i! &'!!&"i'! ;i"+ "+ 'pr"i'!, m!#m!", &'!r"i'!, impr'm!",

'r mi!"!!& '3 ! $&+ 3rm 'r i" "''l 'r >$ipm!" 'r

ii Sri& pr3'rm* i! l#i!# "im%r, 'r &lri!# l!* %r$+ !* '"+r *%ri l3" %

+$rri&! 'r "p+''!.T+ ri& *&ri%* i! i %' m i!&l$* 3'r mpl, ri& pr3'rm* % &rp!"r,

pi!"r, m&+!i&, 3rm $pri'r, irri#"i'! !#i!r, %''@@pr, !* '"+r @ill* 'r mi-

@ill* ;'r@r, ;+i&+ &'!"ri%$" i! ! ; "' "+ &'!*$&" '3 "+ 3rm 'r 3rm, $&+, 'pr"* %"+ pr'! mpl'i!# "+m, *i"i!#$i+* 3r'm ! '"+r !"rpri i! ;+i&+ $&+ pr'! m %

!##*. Si!& "+ ri& *&ri%* i! "+i pr#rp+ m$" % pr3'rm* i! "+ mpl' '3 "+ ';!r

'r "!!" 'r '"+r 'pr"'r '3 "+ 3rm, "+ &p"i'! *' !'" "!* "' rm$!r"i'! pi* 3'r ri& pr3'rm* % mpl' '3 &'mmr&il pi!"i!# &'!&r!, 3'r mpl, ;+i&+ &'!"r&" ;i"+ 3rmr

"' r!'" +i 3rm pr'pr"i. &*i

* Rm$!r"i'! pi* !"irl i! pr'*$&" '3 "+ 3rm ;+r l%'r i pr3'rm* % ! mpl' i!

"+ mpl' '3 ! pr'! i! &'!!&"i'! ;i"+ ! '3 "+ 3'll';i!# 'pr"i'! i !'" &'!i*r* rm$!r"i'! 3'r #ri&$l"$rl l%'r ;i"+'$" r#r* "' "+ pl& ;+r $&+ ri& r pr3'rm*:

i T+ m@i!# '3 &'pr, "rippi!# '3 %&, "&.

ii T+ +"&+i!# '3 p'$l"riii T+ rii!# '3 3i+

i T+ 'pr"i'! 'r mi!"!!& '3 *i"&+, &!l, rr'ir, 'r ;"r; $* &l$il 3'r

$ppli!# 'r "'ri!# ;"r 3'r 3rmi!# p$rp' !* T+ pr'*$&"i'! 'r +r"i!# '3 &r$* #$m 3r'm lii!# "r 'r "+ pr'&i!# '3 $&+ &r$*

#$m i!"' #$m piri" 'r "$rp!"i! !* #$m ri!, pr'i** $&+ pr'&i!# i &rri* '! % "+ 'ri#i!l

pr'*$&r '3 $&+ &r$* #$m. Rm$!r"i'! pi* !"irl i! pr'*$&" '3 "+ 3rm ;+r l%'r i pr3'rm* % ! mpl' i!

"+ mpl' '3 3rmr 'r 3rmr? &''pr"i, 'r#!i"i'! 'r #r'$p i! "+ +!*li!#, pl!"i!#,

*ri!#, p&@i!#, p&@#i!#, pr'&i!#, 3ri!#, #r*i!#, "'ri!# 'r *liri!# "' "'r# 'r "' mr@"

'r "' &rrir 3'r "r!p'r""i'! "' mr@", '3 ! #ri&$l"$rl 'r +'r"i&$l"$rl &'mm'*i", pr'*$&* %$&+ 3rmr 'r 3rmr-mm%r '3 $&+ 'r#!i"i'! 'r #r'$p, i &p"* rm$!r"i'! 3'r

#ri&$l"$rl l%'r. Sri& pr3'rm* % mpl' '3 $&+ 3rmr 'r 3rmr? 'r#!i"i'! 'r #r'$p i!

+!*li!#, pl!"i!#, *ri!#, p&@#i!#, pr'&i!#, 3ri!#, #r*i!#, "'ri!#, 'r *liri!# "' "'r# 'r"' mr@" 'r "' &rrir 3'r "r!p'r""i'! "' mr@" '3 &'mm'*i"i pr'*$&* % pr'! '"+r "+! $&+

3rmr 'r mm%r '3 $&+ 3rmr? 'r#!i"i'! 'r #r'$p r !'" pr3'rm* ) ! i!&i*!" "' 'r*i!r

3rmi!# 'pr"i'!).All pm!" m* i! &+ 'r '"+r 3'rm '"+r "+! pr'*$&" '3 "+ 3rm ;+r l%'r i pr3'rm*, 3'r

ri& &'!"i"$"i!# #ri&$l"$rl l%'r pli!* %', r !'" ;i"+i! "+ &p"i'!.

6 Rm$!r"i'! 3'r *'m"i& ri&. < Rm$!r"i'! pi* 3'r ri& '3 +'$+'l* !"$r

7/23/2019 RR 2-98 (as Amended)


pr3'rm* % ! mpl' i! 'r %'$" "+ pri" +'m '3 "+ pr'! % ;+'m + i mpl'* i !'"

$%&" "' ;i"++'l*i!#. ';r, "+ ri& '3 +'$+'l* pr'!!l 3$r!i+* "' ! mpl' &p"

r!@ !* 3il mpl' % ! mpl'r +ll % $%&" "' "+ 3ri!# %!3i" " p$r$!" "' S&. 66

'3 "+ C'*, m!**.A pri" +'m i "+ 3i* pl& '3 %'* '3 ! i!*ii*$l 'r 3mil. I3 "+ +'m i $"ili* primril

3'r "+ p$rp' '3 $ppli!# %'r* 'r l'*#i!# "' "+ p$%li& %$i! !"rpri, i" & "' %

pri" +'m !* rm$!r"i'! pi* 3'r ri& pr3'rm* "+ri! i !'" mp"*.I! #!rl, ri& '3 +'$+'l* !"$r i! 'r %'$" pri" +'m i!&l$* ri& r!*r* %

&''@, mi*, %$"lr, l", l$!*r, #r*!r, &+$33$r '3 $"'m'%il 3'r 3mil $.

T+ rm$!r"i'! pi* 3'r "+ ri& %' !$mr"* ;+i&+ r pr3'rm* i! 'r %'$" r''mi!# 'rl'*#i!# +'$, %'r*i!# +'$, &l$%, +'"l, +'pi"l 'r &'mmr&il '33i& 'r "%li+m!" i

&'!i*r* &'mp!"i'!

Rm$!r"i'! pi* 3'r ri& pr3'rm* pri" &r"r, ! i3 "+ r pr3'rm* i! "+mpl'r? +'m i &'!i*r* &'mp!"i'!

( Rm$!r"i'! 3'r &$l l%'r !'" i! "+ &'$r '3 ! mpl'r? "r* 'r %$i!. < T+ "rm

)&$l l%'r) i!&l$* l%'r ;+i&+ i '&&i'!l, i!&i*!"l 'r r#$lr. T+ pri'! )!'" i! "+

&'$r '3 "+ mpl'r? "r* 'r %$i!) i!&l$* l%'r "+" *' !'" pr'm'" 'r *!& "+ "r* 'r %$i! '3 "+ mpl'r.

T+$, ! rm$!r"i'! pi* 3'r l%'r ;+i&+ i '&&i'!l, i!&i*!"l 'r irr#$lr, !* *' !'"

pr'm'" 'r *!& "+ mpl'r? "r* 'r %$i!, i !'" &'!i*r* &'mp!"i'!. &*iEAF4LE: A? %$i! i "+" '3 'pr"i!# ;mill. mpl' B, &rp!"r, " ! +'$rl ;#

"' rpir +i +'m. B? ;'r@ i irr#$lr !* + p!*, "+ #r"r pr" '3 ";' * i! &'mpl"i!# "+

;'r@. Si!& B? l%'r i &$l !* i !'" i! "+ &'$r '3 A? %$i!, "+ rm$!r"i'! pi* 3'r $&+ri& i mp"*.

A! rm$!r"i'! pi* 3'r &$l l%'r, "+" i, l%'r ;+i&+ i '&&i'!l, i!&i*!"l 'r irr#$lr, %$"

;+i&+ i r!*r* i! "+ &'$r '3 "+ mpl'r? "r* 'r %$i!, i &'!i*r* &'mp!"i'!.

EAF4LE: E i !##* i! "+ %$i! '3 'pr"i!# *pr"m!" "'r. mpl' **i"i'!l &lr@3'r +'r" pri'*. /+il "+ ri& '3 "+ &lr@ m % &$l, "+ r r!*r* i! "+ &'$r '3 "+

mpl'r? "r* 'r %$i! !* "+r3'r "+ rm$!r"i'! pi* 3'r $&+ ri& i &'!i*r*

&'mp!"i'!.A! rm$!r"i'! pi* 3'r &$l l%'r pr3'rm* 3'r &'rp'r"i'! i &'!i*r* &'mp!"i'!

5 C'mp!"i'! 3'r ri& % &i"i! 'r ri*!" '3 "+ 4+ilippi! 3'r 3'ri#! #'r!m!"

'r ! i!"r!"i'!l 'r#!i"i'!. < Rm$!r"i'! pi* 3'r ri& pr3'rm* ! mpl' '3 3'ri#! #'r!m!" 'r ! i!"r!"i'!l 'r#!i"i'! i mp"*. T+ mp"i'! i!&l$* !'" '!l

rm$!r"i'! pi* 3'r ri& pr3'rm* % m%*'r, mi!i"r !* '"+r *ipl'm"i& '33i&r !*

mpl' %$" l' rm$!r"i'! pi* 3'r ri& pr3'rm* &'!$lr 'r '"+r '33i&r 'r mpl''3 3'ri#! #'r!m!" 'r !'!-*ipl'm"i& rpr!""i '3 $&+ #'r!m!".

Dm#. < A&"$l, m'rl, mplr !* !'mi!l *m# r&i* % ! mpl' 'r +i

+ir p$r$!" "' 3i!l $*#m!" 'r &'mpr'mi #rm!" rii!# '$" '3 'r rl"* "' ! mpl'r-

mpl' rl"i'!+ip.7 Li3 I!$r!&. < T+ pr'&* '3 li3 i!$r!& p'li&i pi* "' "+ +ir 'r %!3i&iri $p'!

"+ *"+ '3 "+ i!$r*, ;+"+r i! i!#l $m 'r '"+r;i, pr'i** +';r, "+" i!"r"

pm!" #r* $!*r "+ p'li& 3'r "+ m'$!" ;+i&+ r +l* % "+ i!$r* $!*r $&+ !#rm!" +ll % i!&l$** i! "+ #r' i!&'m.

8 Am'$!" r&i* % "+ i!$r* r"$r! '3 prmi$m. < T+ m'$!" r&i* % "+ i!$r*,

r"$r! '3 prmi$m 'r prmi$m pi* % +im $!*r li3 i!$r!&, !*';m!", 'r !!$i" &'!"r&"i"+r *$ri!# "+ "rm 'r " "+ m"$ri" '3 "+ "rm m!"i'!* i! "+ &'!"r&" 'r $p'! $rr!*r '3 "+

&'!"r&".

9 C'mp!"i'! 3'r i!$ri 'r i&@!. < Am'$!" r&i* "+r'$#+ A&&i*!" 'r l"+

7/23/2019 RR 2-98 (as Amended)


I!$r!& 'r $!*r /'r@m!? C'mp!"i'! A&", &'mp!"i'! 3'r pr'!l i!$ri 'r i&@!,

pl$ "+ m'$!" '3 ! *m# r&i* ;+"+r % $i" 'r #rm!" '! &&'$!" '3 $&+ i!$ri 'r

i&@!.

10 I!&'m mp" $!*r "r". < I!&'m '3 ! @i!* "' "+ "!" r>$ir* % ! "r"'%li#"i'! %i!*i!# $p'! "+ G'r!m!" '3 "+ 4+ilippi!.

11 T+ir"!"+ 16"+ m'!"+ p !* '"+r %!3i". <

T+ir"!"+ 16"+ m'!"+ p >$il!" "' "+ m!*"'r '! 1 m'!"+ %i& lr '3 '33i&il!* mpl' '3 "+ #'r!m!", ;+"+r !"i'!l 'r l'&l, i!&l$*i!# #'r!m!"-';!* 'r

&'!"r'll* &'rp'r"i'!, !* 'r pri" '33i& r&i* 3"r "+ ";l3"+ 12"+ m'!"+ p !*

% O"+r %!3i" $&+ C+ri"m %'!$, pr'*$&"ii" i!&!"i, l'l" ;r*, #i3" i! &+ 'r i!@i!* !* '"+r %!3i" '3 imilr !"$r &"$ll r&i* % '33i&il !* mpl' '3 %'"+

#'r!m!" !* pri" '33i&, i!&l$*i!# "+ **i"i'!l &'mp!"i'! ll';!& )ACA) #r!"*

!* pi* "' ll '33i&il !* mpl' '3 "+ !"i'!l #'r!m!" #!&i NGA i!&l$*i!# ""$!iri"i !* &'ll# SUC, #'r!m!"-';!* !*='r &'!"r'll* &'rp'r"i'! GOCC,

#'r!m!" 3i!!&il i!"i"$"i'! GI !* l'&l #'r!m!" $!i" LGU.

T+ %' ""* &l$i'! !* % +ll &'r %!3i" pi* 'r &&r$* *$ri!# "+ r pr'i**

"+" "+ "'"l m'$!" +ll !'" &* "+ir" "+'$!* p' 460,000.00 ;+i&+ m % i!&r*"+r'$#+ r$l !* r#$l"i'! i$* % "+ S&r"r '3 i!!&, $p'! r&'mm!*"i'! '3 "+

C'mmii'!r, 3"r &'!i*ri!#, m'!# '"+r, "+ 33&" '! "+ m '3 "+ i!3l"i'! r" " "+ !* '3

"+ "%l r.12 GSIS, SSS, F*i&r !* '"+r &'!"ri%$"i'!. < GSIS, SSS, F*i&r !* 4#-I%i#

&'!"ri%$"i'!, !* $!i'! *$ '3 i!*ii*$l mpl'.

16 C'mp!"i'! i!&'m '3 F/E ;+' ;'r@ i! "+ pri" &"'r !* %i!# pi* "+ S""$"'rFi!im$m /# SF/, 3i* % R#i'!l Tripr"i" /# !* 4r'*$&"ii" B'r*

RT/4B=N"i'!l /# !* 4r'*$&"ii" C'mmii'! N/4C, ppli&%l "' "+ pl& ;+r

+=+ i i#!*.

T+ 3'ri* i!&'m +ll li@;i % mp"* 3r'm i!&'m ".?S""$"'r Fi!im$m /#?? SF/ +ll r3r "' "+ r" 3i* % "+ R#i'!l Tripr"i" /# !*

4r'*$&"ii" B'r* RT/4B, *3i!* % "+ B$r$ '3 L%'r !* Empl'm!" S""i"i& BLES '3

"+ Dpr"m!" '3 L%'r !* Empl'm!" DOLE. T+ RT/4B '3 &+ r#i'! +ll *"rmi! "+;# r" i! "+ *i33r!" r#i'! %* '! "%li+* &ri"ri !* +ll % "+ %i '3 mp"i'!

3r'm i!&'m " 3'r "+i p$rp'.

'li* p, 'r"im p, !i#+" +i3" *i33r!"il p !* +r* p r!* % "+ 3'rm!"i'!*F/E +ll li@;i % &'r* % "+ %' mp"i'!. 4r'i**, +';r, "+" ! mpl' ;+'

r&i=r! **i"i'!l &'mp!"i'! $&+ &'mmii'!, +'!'rri, 3ri!# %!3i", %!3i" i!

& '3 "+ ll';%l ""$"'r m'$!" '3 460,000.00, "%l ll';!& !* '"+r "%l i!&'m'"+r "+! "+ SF/, +'li* p, 'r"im p, +r* p !* !i#+" +i3" *i33r!"il p +ll !'"

!' "+ priil# '3 %i!# F/E !*, "+r3'r, +i=+r !"ir r!i!# r !'" mp" 3'rm i!&'m

", !* &'!>$!"l, 3r'm ;i"++'l*i!# ".

F/E r&ii!# '"+r i!&'m, $&+ i!&'m 3r'm "+ &'!*$&" '3 "r*, %$i!, 'r pr&"i& '3 pr'3i'!, &p" i!&'m $%&" "' 3i!l ", i! **i"i'! "' &'mp!"i'! i!&'m r !'" mp"*

3r'm i!&'m " '! "+ir !"ir i!&'m r!* *$ri!# "+ "%l r. T+i r$l, !'";i"+"!*i!#, "+

SF/, 'li* p, 'r"im p, !i#+" +i3" *i33r!"il p !* +r* p +ll "ill % mp" 3r'm;i"++'l*i!# ".

'r p$rp' '3 "+ r#$l"i'!, +r* p +ll m! "+ m'$!" pi* % "+ mpl'r "' F/E

;+' ;r &"$ll i#!* "' *!#r 'r "ri3-"'r! r, *i-i!3"* pl&, 'r i! *i"r* 'ri'l"* ""i'! !* &mp, ;+i&+ p' "+m "' #r" *!#r '3 &'!"#i'! 'r pril "' li3. A! +r*

p pi* "' F/E ;+i&+ *' !'" "i3 "+ %' &ri"ri i *m* $%&" "' i!&'m " !*

&'!>$!"l, "' ;i"++'l*i!# ".

7/23/2019 RR 2-98 (as Amended)


I! & '3 +r*'$ mpl'm!", "+ mpl'r +ll ""&+ "' "+ m'!"+l Rmi""!& R"$r! '3

/i"++'l*i!# T '! C'mp!"i'! BIR 'rm N'. 101C 3'r r"$r! pri'* Fr&+, J$!, Sp"m%r

!* D&m%r &'p '3 "+ li" $%mi""* "' "+ !r" DOLE R#i'!l=4r'i!&il O33i& <

Opr"i'! Diii'!=U!i" +';i!# "+ !m '3 F/E ;+' r&i* "+ +r* p, pri'* '3mpl'm!", m'$!" '3 +r* p pr m'!"+ !* $"i3i&"i'! 3'r pm!" '3 +r* p &r"i3i*

% i* DOLE=lli* #!& "+" "+ +r* p i $"i3i%l.

T+ N/4C +ll '33i&ill $%mi" F"ri '3 /# Or*r % r#i'! A!! )A), !* ! &+!#"+r"', ;i"+i! "! 10 * 3"r i" 33&"ii" "' "+ Ai"!" C'mmii'!r, C'll&"i'! Sri&, 3'r

&ir&$lri"i'! i! "+ BIR.

A! r*$&"i'! 'r *imi!$"i'! '3 ;# 3'r p$rp' '3 mp"i'! 3r'm i!&'m " +ll &'!"i"$"mirpr!""i'! !* "+r3'r, +ll r$l" "' "+ $"'m"i& *ill';!& '3 p!, i..

&'mp!"i'! !* %!3i" &&'$!", '! "+ pr" '3 "+ mpl'r. T+ '33!*r m % &rimi!ll

pr'&$"* $!*r i"i!# l;.1( C'mp!"i'! i!&'m '3 mpl' i! "+ p$%li& &"'r ;i"+ &'mp!"i'! i!&'m '3 !'" m'r

"+! "+ SF/ i! "+ !'!-#ri&$l"$rl &"'r, 3i* % RT/4B=N/4C, ppli&%l "' "+ pl& ;+r

+=+ i i#!*.

T+ 3'ri* i!&'m +ll li@;i % mp"* 3r'm i!&'m ".T+ %i& lr '3 F/E i! "+ p$%li& &"'r +ll % >$"* "' "+ SF/ i! "+ !'!-#ri&$l"$rl

&"'r ppli&%l "' "+ pl& ;+r +=+ i i#!*. T+ *"rmi!"i'! '3 "+ SF/ i! "+ p$%li&

&"'r +ll li@;i *'p" "+ m pr'&*$r !* &'!i*r"i'! "+' '3 "+ pri" &"'r.'li* p, 'r"im p, !i#+" +i3" *i33r!"il p !* +r* p r!* % "+ 3'rm!"i'!*

F/E i! "+ p$%li& &"'r +ll li@;i % &'r* % "+ %' mp"i'!. 4r'i**, +';r, "+"

p$%li& &"'r mpl' ;+' r&i **i"i'!l &'mp!"i'! $&+ &'mmii'!, +'!'rri, 3ri!# %!3i", %!3i" i! & '3 "+ ll';%l ""$"'r m'$!" '3 460,000.00, "%l ll';!& !*

'"+r "%l i!&'m '"+r "+! "+ SF/, +'li* p, 'r"im p, !i#+" +i3" *i33r!"il p !*

+r* p +ll !'" !' "+ priil# '3 %i!# F/E !*, "+r3'r, +i=+r !"ir r!i!# r !'"

mp" 3r'm i!&'m " !*, &'!>$!"l, 3r'm ;i"++'l*i!# ".F/E r&ii!# '"+r i!&'m, $&+ i!&'m 3r'm "+ &'!*$&" '3 "r*, %$i!, 'r pr&"i& '3

pr'3i'!, &p" i!&'m $%&" "' 3i!l ", i! **i"i'! "' &'mp!"i'! i!&'m r !'" mp"*

3r'm i!&'m " '! "+ir !"ir i!&'m r!* *$ri!# "+ "%l r. T+i r$l, !'";i"+"!*i!#, "+SF/, 'li* p, 'r"im p, !i#+" +i3" *i33r!"il p !* +r* p +ll "ill % mp" 3r'm

;i"++'l*i!# ".

'r p$rp' '3 "+ r#$l"i'!, +r* p +ll m! "+ m'$!" pi* % "+ mpl'r "' F/E;+' ;r &"$ll i#!* "' *!#r 'r "ri3-"'r! r, *i-i!3"* pl&, 'r i! *i"r* 'r

i'l"* ""i'! !* &mp, ;+i&+ p' "+m "' #r" *!#r '3 &'!"#i'! 'r pril "' li3. A! +r*

p pi* "' F/E ;+i&+ *' !'" "i3 "+ %' &ri"ri i *m* $%&" "' i!&'m " !*&'!>$!"l "' ;i"++'l*i!# ".

I! & '3 +r*'$ mpl'm!", "+ mpl'r +ll ""&+ "' "+ F'!"+l Rmi""!& R"$r! '3

/i"++'l*i!# T '! C'mp!"i'! BIR 'rm N'. 101C 3'r r"$r! pri'* Fr&+, J$!, Sp"m%r

!* D&m%r &'p '3 Dpr"m!" '3 B$*#" !* F!#m!" DBF &ir&$lr=, 'r >$il!", "';+' r ll';* "' r&i +r* p.

SECTION 2.78.2. 4r'll 4ri'*. < T+ "rm )pr'll pri'*) m! "+ pri'* '3 ri& 3'r

;+i&+ pm!" '3 &'mp!"i'! i 'r*i!ril m* "' ! mpl' % +i mpl'r. I" i imm"ril"+" "+ &'mp!"i'! i !'" l; pi* " r#$lr i!"rl.

EAF4LE: I3 ! mpl'r 'r*i!ril p "+ ;@l ;# '3 +i mpl' " "+ !* '3 "+ ;@,

%$" i3 3'r 'm r'! pr"i&$lr mpl' r&i pm!" '3 +i lri 3'r "+ p" ;@ i! "+mi**l '3 "+ &$rr!" ;@ !* r&i "+ rmi!*r " "+ !* '3 "+ m ;@, "+ pr'll pri'*

i "ill "+ &l!*r ;@ 'r i3, i!"*, "+ mpl' i !" '! "+r 6-;@ "rip % +i mpl'r

!* r&i " "+ !* '3 "+ "rip i!#l &'mp!"i'! pm!" 3'r "+r 6-;@ ri&, "+

7/23/2019 RR 2-98 (as Amended)


pr'll pri'* i "ill "+ &l!*r ;@, !* "+ &'mp!"i'! pm!" +ll % "r"* "+'$#+ i"

;r "+r 6 pr" ;@l &'mp!"i'! pm!". LLp+il

'r "+ p$rp' '3 *"rmi!i!# "+ ", ! mpl' &! + %$" '! pr'll pri'* ;i"+ rp&" "' "+

&'mp!"i'! pi* % ! '! mpl'r. T+$, i3 ! mpl' i pi* r#$lr &'mp!"i'! 3'r "+;@l pr'll !* i! **i"i'! "+r"' i pi* $pplm!"l &'mp!"i'! 3'r mpl "%l

%'!$ *"rmi!* ;i"+ rp&" "' *i33r!" pri'*, "+ pr'll pri'* i "+ ;@l pr'll pri'*.

SECTION 2.78.6. Empl'. < T+ "rm )mpl') i ! i!*ii*$l pr3'rmi!# ri& $!*r! mpl'r-mpl' rl"i'!+ip. T+ "rm &'r ll mpl', i!&l$*i!# '33i&r !* mpl',

;+"+r l&"* 'r pp'i!"*, '3 "+ G'r!m!" '3 "+ 4+ilippi!, 'r ! p'li"i&l $%*iii'! "+r'3

'r ! #!& 'r i!"r$m!"li".I! #!rl, "+ rl"i'!+ip '3 "+ mpl'r !* mpl' i" ;+! "+ pr'! 3'r ;+'m ri&

;r pr3'rm* + "+ ri#+" "' &'!"r'l !* *ir&" "+ i!*ii*$l ;+' pr3'rm "+ ri&, !'" '!l

"' "+ r$l" "' % &&'mpli+* % "+ ;'r@ %$" l' "' "+ *"il !* m! % ;+i&+ "+ r$l" i&&'mpli+*. A! mpl' i $%&" "' "+ ;ill !* &'!"r'l '3 "+ mpl'r !'" '!l "' ;+" +ll

% *'!, %$" +'; i" +ll % *'!. I! "+i &'!!&"i'!, i" i !'" !&r "+" "+ mpl'r &"$ll

*ir&" 'r &'!"r'l "+ m!!r i! ;+i&+ "+ ri& r pr3'rm*. I" i $33i&i!" "+" + + "+ ri#+"

"' *' '.T+ ri#+" "' *imi ! mpl' i l' ! imp'r"!" 3&"'r i!*i&"i!# "+" "+ pr'! p'i!# "+"

ri#+" i ! mpl'r. O"+r 3&"'r 'r &+r&"ri"i& '3 ! mpl'r, ;+i&+ m !'" % !&ril

pr!" i! r &, r 3$r!i+i!# "+ "''l !* 3$r!i+i!# '3 pl& "' ;'r@, "' "+ i!*ii*$l ;+' pr3'rm "+ ri&. I! #!rl, ! i!*ii*$l i !'" &'!i*r* ! mpl' i3 + i $%&" "' "+

&'!"r'l 'r *ir&"i'! '3 !'"+r mrl '! "' "+ r$l" "' % &&'mpli+* % "+ ;'r@, !* !'" '! "' "+

m! !* m"+'* 3'r &&'mpli+i!# "+ r$l".I! #!rl, i!*ii*$l ;+' 3'll'; ! i!*p!*!" "r*, %$i!, 'r pr'3i'!, i! ;+i&+ "+ '33r

"+ir ri& "' "+ p$%li&, r !'" mpl'.

T+ m$rm!", m"+'* 'r *i#!"i'! '3 &'mp!"i'! i l' imm"ril i3 "+ rl"i'!+ip '3

mpl'r !* mpl' i! 3&" i". N' *i"i!&"i'! i m* %";! &l 'r #r* '3 mpl'. T+$ $pri!"!*!", m!#r, !*

'"+r %l'!#i!# "' imilr ll r mpl'. A! '33i&r '3 &'rp'r"i'! i ! mpl' '3 "+

&'rp'r"i'!. A! i!*ii*$l, pr3'rmi!# ri& 3'r &'rp'r"i'!, %'"+ ! '33i&r !* *ir&"'r, i !mpl' $%&" "' ;i"++'l*i!# '! &'mp!"i'!, i!&l$*i!# *ir&"'r? 3.

SECTION 2.78.(. Empl'r. < T+ "rm mpl'r m! ! pr'! 3'r ;+'m ! i!*ii*$l

pr3'rm 'r pr3'rm* ! ri&, '3 ;+"r !"$r, $!*r ! mpl'r-mpl' rl"i'!+ip. I" i!'" !&r "+" "+ ri& % &'!"i!$i!# " "+ "im "+ ;# r pi* i! 'r*r "+" "+ ""$ '3

mpl'r m i". T+$ 3'r p$rp' '3 ;i"++'l*i!#, pr'! 3'r ;+'m ! i!*ii*$l + pr3'rm*

p" ri& !* 3r'm ;+'m + i "ill r&ii!# &'mp!"i'! i ! )mpl').A 4r'! 3'r ;+'m "+ ri& r 'r ;r pr3'rm* *' !'" + &'!"r'l. < T+ "rm

)mpl'r) l' r3r "' "+ pr'! +i!# &'!"r'l '3 "+ pm!" '3 "+ &'mp!"i'! i! & ;+r

"+ ri& r 'r ;r pr3'rm* 3'r pr'! ;+' *' !'" r&i $&+ &'!"r'l. 'r mpl,

;+r &'mp!"i'!, $&+ &r"i! "p '3 p!i'! 'r r"irm!" p, r pi* % "r$" !* "+ pr'! 3'r ;+'m "+ ri& ;r pr3'rm* + !' &'!"r'l 'r "+ pm!" '3 $&+ &'mp!"i'!,

"+ "r$" i *m* "' % "+ )mpl'r).

B 4r'! pi!# &'mp!"i'! '! %+l3 '3 !'!ri*!". < T+ "rm )mpl'r) l' m!! pr'! pi!# &'mp!"i'! '! %+l3 '3 !'!-ri*!" li! i!*ii*$l, 3'ri#! pr"!r+ip, 'r

3'ri#! &'rp'r"i'!, ;+' i !'" !##* i! "r* 'r %$i! ;i"+i! "+ 4+ilippi!.

I" i "+ rp'!i%ili" '3 "+ mpl'r "' ;i"++'l*, p, 'r r3$!* "+ " !* 3$r!i+ "+ ""m!"r>$ir* $!*r "+ R#$l"i'!. T+ "rm )mpl'r) *3i!* i! A !* B %' i i!"!** "'

*"rmi! ;+' i "+ ;i"++'l*i!# #!".

A m""r '3 %$i! *mi!i"r"i'!, &r"i! m&+!i&l *"il '3 "+ ;i"++'l*i!# pr'& m %

7/23/2019 RR 2-98 (as Amended)


+!*l* % rpr!""i '3 "+ mpl'r. T+$, i! "+ & '3 &'rp'r" mpl'r ;i"+ %r!&+

'33i&, "+ %r!&+ m!#r 'r '"+r rpr!""i m &"$ll, m""r '3 i!"r!l *mi!i"r"i'!,

;i"++'l* "+ " 'r prpr "+ ""m!" r>$ir* $!*r "+ l;. Nr"+l, "+ l#l rp'!i%ili"

3'r ;i"++'l*i!#, pi!# !* r"$r!i!# "+ " !* 3$r!i+i!# $&+ ""m!" r" ;i"+ "+ &'rp'r"mpl'r.

A! mpl'r m % ! i!*ii*$l, &'rp'r"i'!, pr"!r+ip, "r$", ! "", 'i!"-"'&@

&'mp!, ! '&i"i'!, 'r !*i&", #r'$p, p''l, 'i!" !"$r, 'r '"+r $!i!&'rp'r"*'r#!i"i'!, #r'$p 'r !"i". A "r$" 'r "", r"+r "+! "+ 3i*$&ir &"i!# 3'r 'r '! %+l3 '3 "+

"r$" 'r "", i #!rll "+ mpl'r.

T+ "rm )mpl'r) m%r& !'" '!l ! i!*ii*$l !* ! 'r#!i"i'! !##* i! "r* 'r %$i!, %$" i" l' i!&l$* ! 'r#!i"i'! mp" 3r'm i!&'m ", $&+ &+ri"%l !* rli#i'$

'r#!i"i'!, &l$%, '&il 'r#!i"i'! !* '&i", ;ll "+ G'r!m!" '3 "+ 4+ilippi!,

i!&l$*i!# i" #!&i, i!"r$m!"li"i, !* p'li"i&l $%*iii'!.C C'mp!"i'! pi* '! %+l3 '3 ";' 'r m'r mpl'r. < I3 pm!" '3 &'mp!"i'! i

m* "' ! mpl' % ! mpl'r "+r'$#+ ! #!", 3i*$&ir, 'r '"+r pr'! ;+' + "+ &'!"r'l,

r&ip", &$"'*, 'r *ip'l '3, 'r p "+ &'mp!"i'! p%l % !'"+r mpl'r "' $&+

mpl', "+ m'$!" '3 " r>$ir* "' % ;i"++l* '! &+ &'mp!"i'! pm!" m* "+r'$#+$&+ #!", 3i*$&ir, 'r pr'! +ll, ;+"+r "+ &'mp!"i'! i pi* pr"l '! %+l3 '3 &+

mpl'r 'r pi* i! l$mp-$m '! %+l3 '3 ll $&+ mpl'r, % *"rmi!* %* '! "+ ##r#"

m'$!" '3 $&+ &'mp!"i'! pm!" 'r pm!" i! "+ m m!!r i3 $&+ ##r#" m'$!"+* %! pi* % '! mpl'r. !&, "+ " +ll % *"rmi!* %* '! "+ ##r#" m'$!" '3

"+ &'mp!"i'! pi*. pr&*

I! ! $&+ &, &+ mpl'r +ll % li%l 3'r "+ r"$r! !* pm!" '3 pr'-r" p'r"i'! '3 "+" ' *"rmi!* i! &&'r*!& ;i"+ "+ r"i' '3 "+ m'$!" &'!"ri%$"* % &+ mpl'r rl"i "'

"+ ##r#" '3 $&+ &'mp!"i'!.

A 3i*$&ir, #!", 'r '"+r pr'! &"i!# 3'r ";' 'r m'r mpl'r m % $"+'ri* "' ;i"++'l* "+

" $!*r "+ r#$l"i'! ;i"+ rp&" "' "+ ;# '3 "+ mpl' '3 $&+ mpl'r. S$&+3i*$&ir, #!", 'r '"+r pr'! m l' % $"+'ri* "' m@ !* 3il r"$r! '3 "+ " ;i"++l* "

'$r& '! $&+ &'mp!"i'! !* "' 3$r!i+ "+ r&ip" r>$ir* $!*r "+ R#$l"i'!. Appli&"i'!

3'r "+ $"+'ri"i'! "' pr3'rm $&+ &" +'$l* % **r* "' "+ C'mmii'!r 'r +i *$l$"+'ri* rpr!""i. I3 $&+ $"+'ri" i #r!"* % "+ C'mmii'!r, ll pr'ii'! '3 "+ l;

i!&l$*i!# p!l"i !* r#$l"i'! pr&ri%* i! p$r$!& '3 "+ l; ppli&%l i! rp&" '3 !

mpl'r 3'r ;+'m $&+ 3i*$&ir, #!" 'r '"+r pr'! &" +ll rmi! $%&" "' ll pr'ii'! '3l; i!&l$*i!# p!l"i !* r#$l"i'! pr&ri%* i! p$r$!& '3 "+ l; ppli&%l i! rp&" '3

mpl'r.

SECTION 2.78.5 C'mp$""i'! '3 /#. <T+ %i '3 "+ &'mp$""i'! '3 "+ mi!im$m ;# r" pr&ri%* % l; +ll % "+ !'rml

;'r@i!# "im '3 i#+" 8 +'$r *.

T+ &'mp$""i'! '3 ;# +ll % i! &&'r*!& ;i"+ "+ C'll&"i Br#i!i!# A#rm!" CBA, i3

!, 'r "+ pr'ii'! '3 "+ L%'r C'* implm!"*. U!l '"+r;i m!** 'r rpl* %$%>$!" pr"i!!" l;, r$l !* r#$l"i'!, "+ +'li* p, 'r"im p, !i#+" +i3" *i33r!"il

!* +r* p +ll % $!*r"''* "' % &'mp$"* %* '! $&+ #rm!" 'r l%'r l; pr'ii'!.

I! "+ *"rmi!"i'! '3 "+ mi!im$m ;# '! m'!"+l %i, "+ ;i"++'l*i!# #!" +ll % #$i** % "+ prili!# mi!im$m ;# r3l&"* i! "+ l"" F"ri '3 /# Or*r !* i" ';! p'li& '!

;+"+r mpl' r !'" &'!i*r* pi* '! S"$r* !* S$!* 'r r" *, % !'"

&'!i*r* pi* '! S$!* 'r r" *, & &'!i*r* pi* '! r" *, p&il * !* r#$lr+'li*, 'r * r>$ir* "' ;'r@ r* i!&l$*i!# S$!* 'r r" *, p&il * !* r#$lr

+'li*. T+ r$l"i!# !$m%r '3 * i! "+ %' !$mr"* &"#'ri r r3rr* "' "+ 3&"'r

'r !$m%r '3 ;'r@i!#=pi* * i! r. A!! )B)

7/23/2019 RR 2-98 (as Amended)


O! "+ 3ir" &li3i&"i'!, "+ m'!"+l SF/ i &'mp$"* % m$l"ipli!# "+ ppli&%l *il ;# r"

% "+ 3&"'r '3 21 * !* *ii* "+ m % ";l "+ mi-m'!"+l " '!-+l3 1=2 '3 "+

m'!"+l r" !* "+ ;@l SF/ i rri* " % pr*i!# "+ !!$l mi!im$m %i& ;# 'r

3i3"-";' 52 ;@. T+$, '! 4682.00 mi!im$m *il ;# i! F"r' F!il, "+ m'!"+l SF/ i48,608.00, "+ mi-m'!"+l " 4(,15(.00 !* ;@l 41,917.00.

O! "+ &'!* &"#'r, "+ m'!"+l SF/ i &'mp$"* % m$l"ipli!# "+ ppli&%l *il ;# r"

% "+ 3&"'r '3 616 * !* *ii* "+ pr'*$&" % ";l. !&, '! 4682.00 mi!im$m *il ;#,"+ m'!"+l SF/ i 49,9(.00, "+ mi-m'!"+l " 4(,982.00 !* ;@l " 42,600.00.

O! "+ "+ir* &li3i&"i'!, "+ m'!"+l SF/ i &'mp$"* % m$l"ipli!# "+ ppli&%l *il ;#

r" % "+ 3&"'r '3 65 *, *ii** % ";l. T+$, '! 682 mi!im$m *il ;#, "+ m'!"+lSF/ i 411,19.00, "+ mi-m'!"+l " 45,810.00 !* ;@l " 42,81.00.

O! "+ 3'$r"+ &li3i&"i'!, "+ m'!"+l SF/ i &'mp$"* % m$l"ipli!# "+ ppli&%l *il ;#

r" % "+ 3&"'r '3 692.5 *, *ii** % ";l. !&, '! 682 mi!im$m *il ;#, "+ m'!"+lSF/ i 412,(95.00, "+ mi-m'!"+l " 4,2(7.00 !* ;@l " 42,886.00.

SECTION 2.79. I!&'m T C'll&"* " S'$r& '! C'mp!"i'! I!&'m.

A R>$irm!" '3 /i"++'l*i!#. < Er mpl'r m$" ;i"++'l* 3r'm &'mp!"i'! pi* !

m'$!" &'mp$"* i! &&'r*!& ;i"+ "+ R#$l"i'!. 4r'i**, "+" !' ;i"++'l*i!# '3 " +ll %r>$ir* '! "+ SF/, i!&l$*i!# +'li* p, 'r"im p, !i#+" +i3" *i33r!"il !* +r* p '3

F/E i! "+ pri"=p$%li& &"'r *3i!* i! "+ R#$l"i'!. 4r'i**, 3$r"+r, "+" ! mpl'

;+' r&i **i"i'!l &'mp!"i'! $&+ &'mmii'!, +'!'rri, 3ri!# %!3i", %!3i" i!& '3 "+ ll';%l ""$"'r m'$!" '3 460,000.00, "%l ll';!& !* '"+r "%l i!&'m

'"+r "+! "+ SF/, +'li* p, 'r"im p, +r* p !* !i#+" +i3" *i33r!"il p +ll !'"

!' "+ priil# '3 %i!# F/E !*, "+r3'r, +i=+r !"ir r!i!# r !'" mp" 3r'm i!&'m" !*, &'!>$!"l, +ll % $%&" "' ;i"++'l*i!# ".

B C'mp$""i'! '3 /i"++'l*i!# T '! C'mp!"i'! I!&'m i! G!rl. < T+ pr'&*$r

pr'i** +ri! %l'; +ll #'r! "+ &'mp$""i'! '3 ;i"++'l*i!# " '! "+ "%l &'mp!"i'!

i!&'m '3 "+ mpl'. 4r'i**, +';r, "+" "%l 3ri!# %!3i" r&i* % mpl' '"+r"+! "+ r!@ !* 3il, *3i!* i! "+ L%'r C'* '3 "+ 4+ilippi!, m!**, +ll % $%&" "'

ri!# B!3i" T, i!"* '3 "+ r" pr&ri%* i! "+ Ri* /i"++'l*i!# T T%l p$r$!" "'

S&. 2( A '3 "+ C'*, m!**.1 U '3 /i"++'l*i!# T T%l. < I! #!rl, r mpl'r m@i!# pm!" '3

&'mp!"i'! +ll **$&" !* ;i"++'l* 3r'm $&+ &'mp!"i'! " *"rmi!* i! &&'r*!& ;i"+

"+ pr&ri%* Ri* /i"++'l*i!# T T%l A!! )C) ;+i&+ +ll % $* "r"i!# J!$r 1,2009.

T+r r 3'$r ( ;i"++'l*i!# "%l pr&ri%* i! "+ r#$l"i'!, 3'll';:

F'!"+l T T%l < "' % $* % mpl'r $i!# "+ m'!"+l pr'll pri'*% Smi-F'!"+l T T%l < "' % $* % mpl'r $i!# "+ mi-m'!"+l pr'll pri'*

& /@l T T%l < "' % $* % mpl'r $i!# "+ ;@l pr'll pri'*

* Dil T T%l < "' % $* % mpl'r $i!# "+ *il pr'll pri'*.

I3 "+ &'mp!"i'! i pi* '"+r "+! *il, ;@l, mi-m'!"+l 'r m'!"+l, "+ " "' % ;i"++l*+ll % &'mp$"* 3'll';:

A!!$ll < $ "+ !!$li* &'mp$""i'! r3rr* "' i! S&. 2.79 B5% '3 "+

R#$l"i'!% $r"rl !* mi-!!$ll < *ii* "+ &'mp!"i'! % "+r 6 'r i , rp&"il, "'

*"rmi! "+ r# m'!"+l &'mp!"i'!. U "+ m'!"+l ;i"++'l*i!# " "%l "' &'mp$" "+

", !* "+ " ' &'mp$"* +ll % m$l"ipli* % "+r 6 'r i &&'r*i!#l.'r "+ r 2008, +';r, %i!# "+ i!i"il r '3 implm!""i'! '3 R.A. 950(, "+r +ll %

"r!i"'r ;i"++'l*i!# " "%l 3'r "+ pri'* 3r'm J$l "' D&m%r 61, 2008 A!! )D)

*"rmi!* % pr'r"i!# "+ !!$l pr'!l !* **i"i'!l mp"i'! $!*r R.A. 950( 'r pri'*

7/23/2019 RR 2-98 (as Amended)


'3 i m'!"+. T+$, 3'r i!*ii*$l, r#r*l '3 pr'!l ""$, "+ pr'r"* pr'!l mp"i'! i

425,000, !* 3'r &+ >$li3i* *p!*!" &+il* DC, 412,500.

2 C'mp'!!" '3 "+ /i"++'l*i!# T T%l. <

E&+ " "%l i #r'$p* i!"' T%l A !* B.A < T%l 3'r mpl' ;i"+ !' DC

B < T%l 3'r mpl' ;i"+ DC

% T+ &'l$m! i! "+ T%l r3l&" "+ 3'll';i!#:1" &'l$m! < r3l&" "+ mp"i'! ""$ '3 mpl' rpr!"* % l""r m%'l. r3r "' "+

pl!"i'! '3 "+ l#!* '3 m%'l i! l""r * %l';

2!* &'l$m! < r3l&" "+ "'"l m'$!" '3 pr'!l !* **i"i'!l mp"i'!, i! p', "' ;+i&+ !mpl' i !"i"l*.

& C'l$m! !$m%r 1 "' 8 r3l&" "+ p'r"i'! '3 "+ m'$!" '3 " "' % ;i"++l* '! "+ m'$!"

'3 &'mp!"i'! '3 "+ mpl'. Er m'$!" i! ll "+ &'l$m! ;i"+i! T%l A !* B rpr!""+ &'mp!"i'! ll.

* L#!* '3 m%'l < T+ m%'l $* i! "+ !; ;i"++'l*i!# " "%l rpr!" "+

3'll';i!#:

< r' mp"i'! Empl' ;i"+ m$l"ipl mpl'r im$l"!'$l, ;i"+ rp&" "' &'!*, "+ir*, "&., mpl'r

!*

% Empl' ;+' 3il "' 3il Appli&"i'! 3'r R#i"r"i'! BIR 'rm N'. 1902S < Si!#l, l#ll pr"* p'$=;i*';=;i*';r

FE < Frri* mpl' ;+' i !'" l#ll pr"*

T+ !$mrl 1-( 33i* "' "+ ""$ m%'l )FE) !* )S) rpr!" "+ !$m%r '3 >$li3i*l#i"im", ill#i"im", 'r l#ll *'p"* &+il*r!.

Emp"i'! < m! "+ m'$!" '3 mp"i'! i! "+'$!* p' ! mpl' i !"i"l* "' &lim

**$&"i'! 3r'm #r' &'mp!"i'! i!&'m i! &&'r*!& ;i"+ "+ ""$ !* !$m%r '3 >$li3i*

*p!*!" &+il*r!.6 S"p "' *"rmi! "+ m'$!" '3 " "' % ;i"++l*:

S"p 1. D"rmi! "+ "'"l m'!"r !* !'!-m'!"r &'mp!"i'! pi* "' ! mpl' 3'r "+

pr'll pri'*, #r#"i!# #r' %!3i" ;+i&+ i!&l$* "+ir"!"+ 16"+ m'!"+ p, pr'*$&"ii"i!&!"i, C+ri"m %'!$, '"+r %!3i", r&i* % "+ mpl' pr pr'll pri'*, !*

mpl'? &'!"ri%$"i'! "' SSS, GSIS, DF, 4IC, !* $!i'! *$. Gr' %!3i" ;+i&+ r

r&i* % '33i&il !* mpl' '3 %'"+ p$%li& !* pri" !"i"i i! "+ m'$!" '3 "+ir" "+'$!* p' 460,000.00 'r l +ll % mp"* 3r'm i!&'m !* ;i"++'l*i!# ". T+ 16"+ F'!"+ 4

i >$il!" "' "+ "'"l %i& lr r!* *$ri!# "+ r *ii** % 12 m'!"+.

S"p 2. S#r#" "+ "%l 3r'm "+ !'!-"%l &'mp!"i'! i!&'m pi* "' "+ mpl' 3'r "+ pr'll pri'*. T+ "%l i!&'m r3r "' ll rm$!r"i'! pi* "' ! mpl' !'" '"+r;i

mp"* % l; 3r'm i!&'m " !* &'!>$!"l 3r'm ;i"++'l*i!# ". T+ !'!-"%l i!&'m r

"+' ;+i&+ r p&i3i&ll mp"* 3r'm i!&'m " % "+ C'* 'r % '"+r p&il l; li"* i!

S&. 2.78.1 B +r'3 .#. %!3i" !'" &*i!# 460,000, !'!-"%l r"irm!" %!3i" !*pr"i'! p.

S"p 6. S#r#" "+ "%l &'mp!"i'! i!&'m *"rmi!* i! S"p 2 i!"' r#$lr "%l

&'mp!"i'! i!&'m !* $pplm!"r &'mp!"i'! i!&'m. R#$lr &'mp!"i'! i!&l$* %i&lr, 3i* ll';!& 3'r rpr!""i'!, "r!p'r""i'! !* '"+r ll';!& pi* "' ! mpl' pr

pr'll pri'*. S$pplm!"r &'mp!"i'! i!&l$* pm!" "' ! mpl' i! **i"i'! "' "+

r#$lr &'mp!"i'! $&+ &'mmii'!, 'r"im p, "%l r"irm!" p, "%l %'!$ !*'"+r "%l %!3i", ;i"+ 'r ;i"+'$" r#r* "' pr'll pri'*.

Rpr!""i'! Tr!p'r""i'! All';!& RATA #r!"* "' p$%li& '33i&r !* mpl' $!*r

"+ G!rl Appr'pri"i'! A&" !* "+ 4r'!!l E&'!'mi& Rli3 All';!& 4ERA ;+i&+

7/23/2019 RR 2-98 (as Amended)


!"ill &'!"i"$" rim%$rm!" 3'r p! i!&$rr* i! "+ pr3'rm!& '3 #'r!m!"

pr'!!l? '33i&il *$"i +ll !'" % $%&" "' i!&'m " !* &'!>$!"l "' ;i"++'l*i!# ".

S"p (. U "+ ppr'pri" "%l m!"i'!* $!*r S&"i'! 2.79 B 1 3'r "+ pr'll pri'*: m'!"+l,

mi-m'!"+l, ;@l 'r *il, "+ & m %.S"p 5. i "+ &'mp!"i'! ll 3'll';:

i D"rmi! "+ li! +'ri'!"l &'rrp'!*i!# "' "+ ""$ !* !$m%r '3 >$li3i* *p!*!"

&+il*r! $i!# "+ ppr'pri" m%'l 3'r "+ "pr ""$.ii D"rmi! "+ &'l$m! "' % $* % "@i!# i!"' &&'$!" '!l "+ "'"l m'$!" '3 "%l r#$lr

&'mp!"i'! i!&'m. T+ &'mp!"i'! ll i "+ m'$!" i!*i&"* i! "+ li! !* &'l$m! "' ;+i&+

"+ r#$lr &'mp!"i'! i!&'m i >$l "' 'r i! &, %$" !'" "' &* "+ m'$!" i! "+ !"&'l$m! '3 "+ m li!.

S"p . C'mp$" "+ ;i"++'l*i!# " *$ % **i!# "+ " pr*"rmi!* i! "+ &'mp!"i'! ll

i!*i&"* " "+ "'p '3 "+ &'l$m!, "' "+ " '! "+ & '3 "+ "'"l r#$lr !* $pplm!"r&'mp!"i'! 'r "+ &'mp!"i'! ll, ;+i&+ i &'mp$"* % m$l"ipli!# "+ & % "+ r"

l' i!*i&"* " "+ "'p '3 "+ m &'l$m!=&'mp!"i'! ll.

( Smpl C'mp$""i'! '! "+ $ '3 "+ /i"++'l*i!# T T%l:

EAF4LE I: Fr. A, i!#l ;i"+ !' *p!*!", r&i 412,000.00 !" '3 SSS=GSIS, 4IC, DFmpl' +r '!l m'!"+l r#$lr &'mp!"i'! !* 45,000,00 $pplm!"r &'mp!"i'!

3'r J!$r 2009 'r "'"l '3 417,000.00.

COF4UTATION: Ui!# "+ m'!"+l ;i"++'l*i!# " "%l Ri* /i"++'l*i!# T T%l %#i!!i!# J!$r 1, 2009, "+ ;i"++'l*i!# " 3'r J!$r 2009 i &'mp$"* % r3rri!# "' T%l A

li! 2 S '3 &'l$m! 5 3i &'mp!"i'! ll "@i!# i!"' &&'$!" '!l "+ r#$lr &'mp!"i'! i!&'m

'3 412,000.00 ;+i&+ +'; " '3 4708.66 '! 410,000.00 pl$ 20 '3 "+ & '3 42,000.00412,000.00 l 410,000.00 pl$ 45,000.00 $pplm!"r &'mp!"i'!.

R#$lr &'mp!"i'! 412,000.00

L: &'mp!"i'! ll

li! A-2 C'l$m! 5 10,000.00 PPPPPPPPP

E& 42,000.00

A**: S$pplm!"r &'mp!"i'! 5,000.00 PPPPPPPPP

T'"l 47,000.00

PPPPPPPPP T '! 410,000.00 4708.66

T '! & 47,000 20 1,(00.00

PPPPPPPPP /i"++'l*i!# " 3'r J!$r 2009 42,108.66

QQQQQQQQ

FONTLM 1 2 6 ( 5 7 8

Emp"i'! 0.00 0.00 (1.7 208.66 708.66 1,875.00 (,1.710,(1.7

S""$ 0004 0 'r 5 'r 10 'r 15 'r 20 'r 25

'r 60 'r 62 'r A. T%l 3'r mpl' ;i"+'$" >$li3i* *p!*!".

1. 0.0 1 0 866 2,500 5,866 11,7 20,866 (1,7

2. S=FE 50.0 1 (,17 5,000 ,7 10,000 15,866 25,000 (5,866EAF4LE II: Fr. B, mrri* ;i"+ "+r 6 >$li3i* *p!*!" &+il*r! r&i 412,000.00 !" '3

SSS=GSIS, 4IC, DF mpl' +r '!l r#$lr mi-m'!"+l &'mp!"i'!. Fr. B, +i

;i3, i l' mpl'*. Fr. B *i* !'" ;i +i ri#+" i! 3'r '3 "+ ;i3 "' &lim 3'r "+ **i"i'!l

7/23/2019 RR 2-98 (as Amended)


mp"i'!.

COF4UTATION: Ui!# "+ mi-m'!"+l ;i"++'l*i!# " "%l Ri* /i"++'l*i!# T T%l

%#i!!i!# J!$r 1, 2009, "+ ;i"++'l*i!# " *$ i &'mp$"* % r3rri!# "' T%l B li! 6 FE6 '3

&'l$m! ;+i&+ +'; " '3 4967.50 '! 411,0(2 pl$ 25 '3 "+ & 412,000 P 11,0(2 Q4958.00

T'"l "%l &'mp!"i'! 412,000.00

L: &'mp!"i'! llli! B-6 C'l$m! 11,0(2.00

E& 4958.00

PPPPPPPPPP T '! 411,0(2 4967.50

T '! & 4958 25 269.50

PPPPPPPPPP Smi-m'!"+l ;i"++'l*i!# " 41,177.00

QQQQQQQQQ

SEFI-FONTLM 1 2 6 ( 5 7 8

Emp"i'! 0.00 0.00 20.86 10(.17 65(.17 967.50 2,086.665,208.66

S""$ 0004 0 'r 5 'r 10 'r 15 'r 20 'r 25

'r 60 'r 62 'r A. T%l 3'r mpl' ;i"+'$" >$li3i* *p!*!"

1. 0.0 1 0 (17 1,250 2,917 5,866 10,(17 20,866

2. S=FE 50.0 1 2,086 2,500 6,666 5,000 7,917 12,500 22,917B. T%l 3'r mpl' ;i"+ >$li3i* *p!*!" &+il*r!

1. FE 1=S1 75.0 1 6,125 6,5(2 (,675 ,0(2 8,958 16,5(2 26,958

2. FE 2=S2 100.0 1 (,17 (,586 5,(17 7,086 10,000 1(,586 25,000

6. FE 6=S6 125.0 1 5,208 5,25 ,(58 8,125 11,0(2 15,25 2,0(2(. FE (=S( 150.0 1 ,250 ,7 7,500 9,17 12,086 1,7 27,086

EAF4LE III: 'r "+ m'!"+ '3 A$#$" 2008, Fr. C, mrri* ;i"+ "+r >$li3i* *p!*!"

&+il*r!, ;i"+ %i& lr >$il!" "' "+ SF/, r&i 49,9(.00 4682=* 616 * 12 ""$"'r m'!"+l mi!im$m ;# pl$ '"+r &'mp!"i'! $&+ &'mmii'! '3 410,000,

"r!p'r""i'! ll';!& '3 42,000, +r* p '3 41,000, 'r"im p '3 45,000 !* !i#+" +i3"

*i33r!"il p '3 42,000.00. C'mp$" "+ ;i"++'l*i!# " '3 Fr. C 3'r "+ m'!"+ '3 A$#$" 2008$i!# "+ Ri* Tr!i"i'!l /i"++'l*i!# T T%l 3'r "+ pri'* J$l "' D&m%r 61, 2008.

COF4UTATION:

S""$"'r Fi!im$m /# 49,9(.00Gr' B!3i"

r* p 1,000.00

Or"im 4 5,000.00

Ni#+" S+i3" Di33r!"il 2,000.00 8,000.00 PPPPPPPPP PPPPPPPPP

S$%-"'"l 417,9(.00

QQQQQQQQT%l &'mp!"i'!

C'mmii'! 10,000.00

Tr!p'r""i'! ll';!& 2,000.00 12,000.00 PPPPPPPP PPPPPPPPP

T'"l T%l C'mp!"i'! I!&'m 429,9(.00

QQQQQQQQ

7/23/2019 RR 2-98 (as Amended)


R#$lr &'mp!"i'! 49,9(.00

L: C'mp!"i'! ll li! B-6 &'l$m! ( 7,708.00

PPPPPPPPP

E& 42,25.00A**: S$pplm!"r &'mp!"i'! 8,000 12,000 20,000.00

PPPPPPPPP

T'"l 422,25.00 PPPPPPPPP

T '! 49,9(.00 Li! B6, &'l. ( 4208.66

T '! & 422,25.00 15 6,668.(0 PPPPPPPPP

/i"++'l*i!# " 3'r "+ m'!"+ '3 A$#$" 2008 46,5(.76

QQQQQQQQFONTLM 1 2 6 ( 5 7 8

Emp"i'! 0.00 0.00 (1.7 208.66 708.66 1,875.00 (,1.7

10,(1.7

S""$ 0004 0 'r 5 'r 10 'r 15 'r 20 'r 25'r 60 'r 62 'r

A. T%l 3'r mpl' ;i"+'$" >$li3i* *p!*!"

1. 0.0 1 0 866 2,500 5,866 11,7 20,866 (1,72. S=FE 25.0 1 2,086 2,917 (,586 7,917 16,750 22,917 (6,750

B. T%l 3'r mpl' ;i"+ >$li3i* *p!*!" &+il*r!

1. FE1=S1 67.5 1 6,125 6,958 5,25 8,958 1(,792 26,958 ((,7922. FE2=S2 50.0 1 (,17 5,000 ,7 10,000 15,866 25,000 (5,866

6. FE6=S6 2.5 1 5,208 ,0(2 7,708 11,0(2 1,875 2,0(2 (,875

(. FE(=S( 75.0 1 ,250 7,086 8,750 12,086 17,917 27,086 (7,917

A! mpl' ;+' r&i &'mp!"i'! '"+r "+! "+ SF/, +'li*, 'r"im, !i#+" +i3"*i33r!"il !* +r* p +ll !'" !' "+ priil# '3 %i!# mi!im$m ;# r!r, !* +i !"ir

r!i!# r !' l'!#r &'!i*r* mp".

5 U '3 E&p"i'!l C'mp$""i'! C$m$l"i r# m"+'*. < I3 i! rp&" '3 pr"i&$lr mpl', "+ r#$lr &'mp!"i'!

i mp" 3r'm ;i"++'l*i!# " %&$ "+ m'$!" "+r'3 i %l'; "+ &'mp!"i'! ll, %$"

$pplm!"r &'mp!"i'! i pi* *$ri!# "+ &l!*r r 'r "+ $pplm!"r &'mp!"i'! i>$l "' 'r m'r "+! "+ r#$lr &'mp!"i'! "' % pi* 'r "+ mpl' ; !;l +ir* !* +*

pri'$ mpl'r= ;i"+i! "+ &l!*r r, '"+r "+! "+ pr!" mpl'r *'i!# "+i &$m$l"i

&'mp$""i'!, "+ pr!" mpl'r +ll *"rmi! "+ " "' % **$&"* !* ;i"++l* i! &&'r*!&;i"+ "+ &$m$l"i r# m"+'* pr'i** +r$!*r:

S"p 1. A** "+ m'$!" '3 "%l r#$lr !* $pplm!"r &'mp!"i'! "' % pi* "' ! mpl'

3'r "+ pr'll pri'* $%&" '3 &'mp$""i'! "' "+ $m '3 "+ "%l r#$lr !* $pplm!"r

&'mp!"i'! i!& "+ %#i!!i!# '3 "+ &$rr!" &l!*r r i!&l$*i!# "+ &'mp!"i'! pi* % "+ pri'$ mpl'r ;i"+i! "+ m &l!*r r, i3 !

S"p 2. Dii* "+ ##r#" m'$!" '3 &'mp!"i'! &'mp$"* i! "p 1 % "+ !$m%r '3 pr'll

pri'* "' ;+i&+ "+ m'$!" rl"S"p 6. C'mp$" "+ " "' % **$&"* !* ;i"++l* '! "+ &$m$l"i r# &'mp!"i'!

*"rmi!* i! S"p N'. 2 i! &&'r*!& ;i"+ "+ ;i"++'l*i!# " "%l &*p+il

S"p (. F$l"ipl "+ " &'mp$"* i! S"p N'. 6 % "+ !$m%r '3 pr'll pri'* "' ;+i&+ i" rl"S"p 5. D"rmi! "+ &, i3 !, '3 "+ m'$!" '3 " &'mp$"* i! S"p N'. ( 'r "+ "'"l

m'$!" '3 " lr* **$&"* !* ;i"++l* 3r'm "+ %#i!!i!# pr'll pri'* "' "+ l" pr'll

pri'*, i!&l$*i!# "+" ;i"++l* % "+ pri'$ mpl'r= ;i"+i! "+ &l!*r r, i3 !. T+ &,

7/23/2019 RR 2-98 (as Amended)


&'mp$"*, +ll % **$&"* !* ;i"++l* 3r'm "+ &'mp!"i'! "' % pi* 3'r "+ l" pr'll

pri'* '3 "+ &$rr!" &l!*r r.

T+ &$m$l"i r# m"+'*, '!& ppli&%l "' pr"i&$lr mpl' " ! "im *$ri!# "+

&l!*r r, +ll % "+ m m"+'* "' % &'!i"!"l $* 3'r "+ rmi!i!# pr'll pri'*= '3"+ m &l!*r r.

EAF4LE IV: T+ r#$lr &'mp!"i'! i mp" 3r'm ;i"++'l*i!# " %$" $pplm!"r

&'mp!"i'! &'mmii'! i pi* *$ri!# "+ &l!*r r.Empl' A, mrri*, ;i"+ "+r 6 >$li3i* *p!*!" FE6, r&i* "+ 3'll';i!# &'mp!"i'!

%#i!!i!# J!$r, 2009.

F'!"+ R#$lr S$pplm!"r T'"lC'mp!"i'! C'mp!"i'! C'mp!"i'!

J!$r 48,500.00 415,000.00 426,500.00

%r$r 48,500.00 415,000.00 426,500.00Fr&+ 48,(00.00 415,500.00 426,900.00

COF4UTATION:

1. 'r J!. 426,500.00 0 Q 426,500.00

'r %. 426,500.00 26,500.00 Q 4(7,000.00'r Fr. 426,500.00 26,500.00 26,900.00Q 470,900.00

2. 'r J!. 426,500.00=1 Q 426,500.00

'r %. 4(7,000.00=2 Q 426,500.00'r Fr. 470,900.00=6 Q 426,66.66

6. 'r J!$r

T '! 422,086.00 Li! B.6, C'l. Q 41,875.00T '! & 41,(17.00 25 Q 465(.25

PPPPPPPPP

T '! 426,500.00 42,229.25

QQQQQQQQ'r %r$r

T '! 422,086.00 Li! B.6, C'l. Q 41,875.00

T '! & 41,(17.00 25 Q 65(.25 PPPPPPPPP

T '! 426,500.00 Q 42,229.25

QQQQQQQQ'r Fr&+

T '! 422,086.00 Li! B.6, C'l. Q 41,875.00

T '! & 41,550.66 25 Q 687.58 PPPPPPPP

T '! 426,66.66 Q 42,22.58

QQQQQQQ

(. 'r J!. 42,229.25 1 Q 42,229.25'r %. 42,229.25 2 Q 4(,(58.50

'r Fr. 42,22.58 6 Q 4,787.7(

5. 'r J!. 42,229.25 P 0 Q 42,229.25'r %. 4(,(58.50 P 2,229.25 Q 42,229.25

'r Fr. 4,787.7( P (,(58.50 Q 42,629.2(

EAF4LE V: S$pplm!"r &'mp!"i'! i >$l "' 'r m'r "+! "+ r#$lr &'mp!"i'!r&i*:

Empl' B, mrri* ;i"+ "+r 6 >$li3i* *p!*!" F6 ;+' p'$ i l' mpl'*,

r&i* "+ 3'll';i!# &'mp!"i'! %#i!!i!# J!$r, 2009.

7/23/2019 RR 2-98 (as Amended)


F'!"+ R#$lr S$pplm!"r T'"l

C'mp!"i'! C'mp!"i'! C'mp!"i'!

J!$r 411,000.00 411,000.00 422,000.00

%r$r 411,000.00 411,500.00 422,500.00Fr&+ 411,000.00 412,000.00 426,000.00

COF4UTATION:

1. 'r J!. 422,000.00 0 Q 422,000.00'r %. 422,000.00 22,500.00 Q 4((,500.00

'r Fr. 422,000.00 22,500.00 26,000.00Q 47,500.00

2. 'r J!. 422,000.00=1 Q 422,000.00'r %. 4((,500.00=2 Q 422,250.00

'r Fr. 47,500.00=6 Q 422,500.00

6. 'r J!$rT '! 41,250.00 Li! B.6, C'l. 5 Q 4708.66

T '! & 45,750.00 20 Q 41,150.00

PPPPPPPPP

T '! 422,000.00 41,858.66QQQQQQQQ

'r %r$r

T '! 422,086.00 Li! B.6, C'l. Q 41,875.00T '! & 417 25 Q 4(1.75

PPPPPPPPP

T '! 422,250.00 Q 41,91.75QQQQQQQQ

'r Fr&+

T '! 422,086.00 Li! B.6, C'l. Q 41,875.00

T '! & 4(17 25 Q 410(.25 PPPPPPPP

T '! 422,500.00 Q 41,979.25

QQQQQQQ(. 'r J!. 41,858.66 1 Q 41,858.66

'r %. 41,91.75 2 Q 46,866.50

'r Fr. 41,979.25 6 Q 45,967.755. 'r J!. 41,858.66 P 0 Q 41,858.66

'r %. 46,866.50 P 1,858.66 Q 41,975.17

'r Fr. 45,967.75 P 6,866.50 Q 42,10(.25EAF4LE VI: A !;l +ir* mpl' ;i"+ pri'$ mpl'r ;i"+i! "+ &l!*r r 2009.

Empl' C, i!#l, ; +ir* % C'mp! '! J$l , 2009. r "'"l "%l i!&'m pr m'!"+ i

415,000.00. S+ ; pri'$l mpl'* % C'mp! 3r'm J!$r "' J$! 60, 2009 ;i"+

m'!"+l "%l i!&'m '3 416,000.00 'r 416,000.00 m'!"+ Q 478,000 3'r m'!"+. 4r BIR'rm N'. 261 Cr"i3i&" '3 C'mp!"i'! 4m!"=T /i"++l* i$* % "+ pri'$ mpl'r,

;+i&+ ; pr!"* % Empl' C "' +r pr!" mpl'r, "+ "'"l " ;i"++l* i 47,8(9.98. I!

&'mp$"i!# 3'r "+ " ;i"++l* '! "+ &'mp!"i'! '3 Empl' C "r"i!# "+ m'!"+ '3 J$l , 2000, C'mp! +ll $ "+ &$m$l"i r# m"+'*.

F'!"+ 4r!"T'"l T'"l

C'mp!"i'!4ri'$ T%lI!&'m I!&'m I!&'m

J$l 415,000.00 478,000.00 496,000.00

A$#$"15,000.00 15,000.00

7/23/2019 RR 2-98 (as Amended)


Sp"m%r 15,000.00 15,000.00

O&"'%r 15,000,00 15,000.00

N'm%r 15,000.00 15,000.00

D&m%r 15,000.00 15,000.00 PPPPPPPPP PPPPPPPPPP PPPPPPPPPPP

490,000.00 478,000.00 418,000.00

QQQQQQQQQ QQQQQQQQQ QQQQQQQQQCOF4UTATION:

STE4 1 <

'r J$l 415,000.00 478,000.00 Q 496,000.00'r A$#. 496,000.00 415,000.00 Q 4108,000.00

'r Sp. 496,000.00 415,000.00 415,000.00 Q 4126,000.00

'r O&". 496,000.00 415,000.00 415,000.00 415,000.00 Q 4168,000.00'r N'. 496,000.00 415,000.00 415,000.00 415,000.00 415,000.00 Q

4156,000.00

STE4 2 <

'r J$l 496,000.00=7 Q 416,285.71'r A$#. 4108,000.00=8 Q 416,500.00

'r Sp. 4126,000.00=9 Q 416,.7

'r O&". 4168,000.00=10 Q 416,800.00'r N'. 4156,000.00=11 Q 416,909.09

STE4 6 <

'r J$l 416,285.71T O! 410,000.00 Q 4708.66

T O! E& 46,285.71 20 57.1(

PPPPPPPP

T O! 416,285.71 Q 41,65.(7QQQQQQQQ

'r A$#$" 416,500.00

T O! 410,000.00 Q 4708.66T O! E& 46,500.00 20 700.00

PPPPPPPP

T O! 416,500.00 Q 41,(08.66QQQQQQQQ

'r Sp". 416,.7

T O! 410,000.00 Q 4708.66T O! E& 46,.7 20 766.66

PPPPPPPP

T O! 416,.7 Q 41,((1.

QQQQQQQQ'r O&"'%r 416,800.00

T O! 410,000.00 Q 4708.66

T O! E& 46,800.00 20 Q 70.00 PPPPPPPP

T O! 416,800.00 Q 41,(8.66

QQQQQQQQ'r N'm%r 416,909.09

T O! 410,000.00 Q 4708.66

T O! E& 46,909.09 20 Q 781.82

7/23/2019 RR 2-98 (as Amended)


PPPPPPPP

T O! 416,818.18 Q 41,(90.15

QQQQQQQQ

STE4 ( <'r J$l 41,65.(7 7 Q 49,558.29

'r A$#$" 1,(08.66 8 Q 411,2.(

'r Sp"m%r 1,((1. 9 Q 412,97(.9('r O&"'%r 1,(8.66 10 Q 41(,86.60

'r N'm%r 1,(90.15 11 Q 41,691.5

S"p 5 <'r J$l 49,558.29 - 47,8(9.98 Q 41,708.61

'r A$#$" 11,2.( - 49,558.29 Q 41,708.65

'r Sp"m%r 12,97(.9( - 411,2.( Q 41,708.60'r O&"'%r 1(,86.60 - 412,97(.9( Q 41,708.6

'r N'm%r 1,691.5 - 41(,86.60 Q 41,708.65

% A!!$li* ;i"++'l*i!# " m"+'*. < 1 /+! "+ mpl'r-mpl' rl"i'!+ip i

"rmi!"* %3'r "+ !* '3 "+ &l!*r r !* 2 ;+! &'mp$"i!# 3'r "+ r-!* *$"m!","+ mpl'r +ll *"rmi! "+ m'$!" "' % ;i"++l* 3r'm "+ &'mp!"i'! '! "+ l" m'!"+ '3

mpl'm!" 'r i! D&m%r '3 "+ &$rr!" &l!*r r i! &&'r*!& ;i"+ "+ 3'll';i!# pr'&*$r:

S"p 1. D"rmi! "+ "%l r#$lr !* $pplm!"r &'mp!"i'! pi* "' "+ mpl' 3'r "+!"ir &l!*r r. R3r "' "p 1 "' 6 '3 S&. 2.79 B 6, m!**, $i!# %i "+

&'mp!"i'! r&i* 3'r "+ &l!*r r.

S"p 2. I3 "+ mpl' + pri'$ mpl'm!"= ;i"+i! "+ r, ** "+ m'$!" '3 "%l r#$lr!* $pplm!"r &'mp!"i'! pi* "' "+ mpl' % "+ pr!" mpl'r *'i!# "+ !!$li*

&'mp$""i'! "' "+ "%l &'mp!"i'! i!&'m r&i* 3r'm pri'$ mpl'r= *$ri!# "+

&l!*r r:

i /+! "+ mpl'r-mpl' rl"i'!+ip i "rmi!"* %3'r D&m%r < T+ "%lr#$lr !* $pplm!"r &'mp!"i'! i!&'m +ll % "+ m'$!" pi* i!& "+ %#i!!i!# '3 "+

&$rr!" &l!*r r "' "+ "rmi!"i'! '3 mpl'm!".

ii Mr-!* *$"m!" < T+ "%l r#$lr !* $pplm!"r &'mp!"i'! i!&'m +ll %"+ m'$!" pi* i!& "+ %#i!!i!# '3 "+ &$rr!" &l!*r r "' D&m%r.

iii T%l 3ri!# %!3i" r&i* % mpl' +'l*i!# m!#ril 'r $pri'r p'i"i'!

+ll % $%&" "' 3i!l 3ri!# %!3i" " pr&ri%* i! S&"i'! 2.79 D '3 RR 2-98, m!**.!&, "+ m +ll !'" 3'rm pr" '3 "+ "%l $pplm!"r &'mp!"i'!, '3 m!#r !*

$pri'r, $%&" "' "+ ;i"++'l*i!# " "%l

S"p 6. D*$&" 3r'm "+ ##r#" m'$!" '3 &'mp!"i'! &'mp$"* i! S"p N'. 2 "+ m'$!" '3 "+"'"l pr'!l !* **i"i'!l mp"i'! '3 "+ mpl'.

S"p (. D*$&" "+ m'$!" '3 prmi$m pm!" '! l"+ !*='r 'pi"li"i'! I!$r!& '3

mpl' ;+' + pr!"* i*!& "+" "+ + pi* *$ri!# "+ "%l r prmi$m pm!"

"+ **$&"i%l m'$!" +ll !'" &* 42,(00 'r 4200 pr m'!"+ ;+i&+r i l';r !* "+" "+ir3mil? "'"l #r' i!&'m *' !'" &* 4250,000 3'r "+ &l!*r r. 'r p$rp' '3

$%"!"i"i!# "+ &lim '3 i!$r!& p! !* *"rmi!i!# "+ ##r#" 3mil i!&'m, "+ p'li&

&'!"r&" +ll % pr!"* "' "+ mpl'r "'#"+r ;i"+ "+ 'ri#i!l '33i&il r&ip" '3 "+ prmi$m pm!" 3'r "+ &$rr!" r, BIR 'rm N'. 261 3'r "+ &$rr!" r 'r Cr"i3i&" '3 Gr' I!&'m

3'r "+ C$rr!" Mr A!! )E) i$* % "+ mpl'r= '3 "+ !$&lr 3mil.

T'"l 3mil i!&'m i!&l$* primr i!&'m !* '"+r i!&'m 3r'm '$r& r&i* % ll mm%r'3 "+ !$&lr 3mil, i.., 3"+r, m'"+r, $!mrri* &+il*r! lii!# "'#"+r '! +'$+'l*, 'r

i!#l pr!" ;i"+ &+il*r!. A i!#l pr'! lii!# l'! i &'!i*r* !$&lr 3mil.

T+ p'$ &limi!# "+ **i"i'!l mp"i'! 3'r "+ DC +ll % "+ m p'$ "' &lim "+

7/23/2019 RR 2-98 (as Amended)


**$&"i'! 3'r prmi$m pm!".

S"p 5. C'mp$" "+ m'$!" '3 " '! "+ *i33r!& rri* " i! S"p (, i! &&'r*!& ;i"+ "+

&+*$l pr'i** i! S&. 2( A '3 "+ C'*, 3'll';:

OVER BUT NOT AFOUNT=RATE OOVER ECESS

OVER

N'" 'r 10,000 510,000 60,000 500 10 10,000

60,000 70,000 2,500 15 60,000

70,000 1(0,000 8,500 20 70,0001(0,000 250,000 22,500 25 1(0,000

250,000 500,000 50,000 60 250,000

500,000 'r 125,000 62 500,000S"p . D"rmi! "+ *3i&i!& 'r &, i3 !, '3 "+ " &'mp$"* i! S"p 5 'r "+ &$m$l"i

" lr* **$&"* !* ;i"++l* i!& "+ %#i!!i!# '3 "+ &$rr!" &l!*r r. T+ *3i&i!& "

;+! "+ m'$!" '3 " &'mp$"* i! S"p 5 i #r"r "+! "+ m'$!" '3 &$m$l"i " lr*

**$&"* !* ;i"++l* 'r ;+! !' " + %! ;i"++l* 3r'm "+ %#i!!i!# '3 "+ &l!*r r +ll % **$&"* 3r'm "+ l" pm!" '3 &'mp!"i'! 3'r "+ &l!*r r. I3 "+ *3i&i!& " i m'r

"+! "+ m'$!" '3 l" &'mp!"i'! "' % pi* "' ! mpl', "+ mpl'r +ll % li%l "' p "+

m'$!" '3 " ;+i&+ &!!'" % &'ll&"* 3r'm "+ mpl'. T+ '%li#"i'! '3 "+ mpl' "' "+mpl'r rii!# 3r'm "+ pm!" % "+ l""r '3 "+ m'$!" '3 " ;+i&+ &!!'" % &'ll&"* 3r'm

"+ &'mp!"i'! '3 "+ mpl' i m""r '3 ""lm!" %";! "+ mpl' !* mpl'r.

T+ & " ;+! "+ m'$!" '3 &$m$l"i " lr* **$&"* !* ;i"++l* i #r"r "+! "+" &'mp$"* i! S"p 5 +ll % &r*i"* 'r r3$!** "' "+ mpl' !'" l"r "+! J!$r 25 '3 "+

3'll';i!# r. ';r, i! & '3 "rmi!"i'! '3 mpl'm!" %3'r D&m%r, "+ r3$!* +ll %

#i! "' "+ mpl' " "+ pm!" '3 "+ l" &'mp!"i'! *$ri!# "+ r. I! r"$r!, "+ mpl'r

i !"i"l* "' **$&" "+ m'$!" r3$!** 3r'm "+ rmi""%l m'$!" '3 " ;i"++l* 3r'm&'mp!"i'! i!&'m i! "+ &$rr!" m'!"+ i! ;+i&+ "+ r3$!* ; m*, !* i! "+ $&&*i!#

m'!"+ "+r3"r $!"il "+ m'$!" r3$!** % "+ mpl'r i 3$ll rpi*.

EAF4LE VII: U '3 !!$li* &'mp$""i'! ;+! mpl'r-mpl' rl"i'!+ip ;"rmi!"* %3'r D&m%r <

Fr. D, i!#l ;i"+ >$li3i* *p!*!" %r'"+r r&i 418,000 m'!"+l r#$lr

&'mp!"i'! "r"i!# J!$r 1, 2008. O! J$! 1, 2008, + 3il* +i ri#!"i'! 33&"i J$! 60,2008 !* ; !'" rmpl'* 3'r "+ r" '3 "+ r. T+ " ;i"++l* 3r'm J!$r "' F ;

415,208.75.

COF4UTATION:T'"l &'mp!"i'! r&i* 3r'm

J!$r 1 "' F 61, 2008 490,000.00

A**: C'mp!"i'! "' % r&i* '! J$! 18,000.00

PPPPPPPPPP Gr' &'mp!"i'! J!-J$! 108,000.00

L: 4r'!l Emp"i'! 'l* mp"i'! 25,000.00 PPPPPPPPPP

N" T%l C'mp!"i'! 486,000.00

PPPPPPPPPP T D$ 411,100.00

L: T /i"++l* 3r'm J! "' F 415,208.75

PPPPPPPPPPP

7/23/2019 RR 2-98 (as Amended)


T' % r3$!** "' Fr. D 4(,108.75

PPPPPPPPPP

T '! 470,000.00 8,500.00

T '! & 416,000 20 2,00.00 PPPPPPPPPPP

T '! 486,000.00 411,100.00

QQQQQQQQQQ % Fr. , i!#l ;i"+ >$li3i* *p!*!" %r'"+r r&i 418,000 m'!"+l r#$lr

&'mp!"i'! "r"i!# J!$r 1, 2008. O! J$! 1, 2008, + 3il* +i ri#!"i'! 33&"i J$! 60,

2008 !* ; $%>$!"l rmpl'* '! J$l , 2008. T+ BIR 'rm 261 + # "' +i !;mpl'r +';* "+" "+ m'$!" + r&i* 3r'm +i pri'$ mpl'r ; 4108,000 !* "

;i"++l* '3 411,100. i ;i"++'l*i!# " 3r'm "+ !; mpl'r m'$!"* "' 415,000.

COF4UTATION:T'"l &'mp!"i'! r&i* 3r'm

4ri'$ mpl'r 4108,000.00

A**: C'mp!"i'! 3r'm !; mpl'r 115,000.00

PPPPPPPPPPP Gr' &'mp!"i'! 226,000.00

L: 4r'!l Emp"i'! 67,500.00

PPPPPPPPPPP N" T%l C'mp!"i'! 4185,500.00

T D$ 466,875.00

L: T /i"++l* 11,100 15,000 2,100.00 PPPPPPPPPPP

T' % **$&"* 3r'm Fr. 47,775.00

PPPPPPPPPP

T '! 41(0,000.00422,500.00T '! & 4(5,500 25 11,675.00

PPPPPPPPPPP

T '! 4185,500.00 466,875.00QQQQQQQQQQ

& Fr. M, i!#l ;i"+ >$li3i* *p!*!" %r'"+r, +* +i 3ir" '% '! J$l 2008. r&i

418,000 m'!"+l r#$lr &'mp!"i'!. T+ " ;i"++l* ; 412,086.75.COF4UTATION:

T'"l &'mp!"i'! r&i* 3r'm

J$l "' N'm%r 2008 490,000.00A**: C'mp!"i'! "' % r&i* i! D&m%r 18,000.00

PPPPPPPPPP

Gr' &'mp!"i'! 108,000.00

L: 4r'!l Emp"i'! pr'-r"* 67,500.00 PPPPPPPPPP

N" T%l C'mp!"i'! 470,500.00

T D$ 48,00.00 L: T /i"++l* 12,086.75

PPPPPPPPPPP

T' % r3$!** "' Fr. M 46,(86.75T '! 470,000.00 48,500.00

T '! & 4500 20 100.00

PPPPPPPPPP

7/23/2019 RR 2-98 (as Amended)


T '! 486,000.00 48,00.00

QQQQQQQQQ

EAF4LE VIII: Mr-!* *$"m!" &'mp$""i'! < 'r "%l r 2009, /TD C'rp'r"i'!

$ll mp"i'! pr R.A. 950( +ll % $* 3'r &l!*r r 2009 + "+ 3'll';i!# mpl':1. Fr. E, mrri* ;i"+ ";' >$li3i* *p!*!" &+il*r! ;+' r&i* "+ 3'll';i!# &'mp!"i'!

3'r "+ r:

Bi& F'!"+l Slr4(5,000.00Or"im 4 3'r N'm%r 45,000.00

T+ir"!"+ F'!"+ 44(5,000.00

O"+r B!3i"412,000.00/i"++'l*i!# " J!.-N'. 498,082.00

2. Fr. , mrri*, ;+' ;i3 i l' mpl'*, ;i"+ ";' >$li3i* *p!*!" &+il*r!, r&i*

3'r "+ r:Bi& F'!"+l Slr41,500.00

T+ir"!"+ F'!"+ 441,500.00

O"+r B!3i"41,500.00

/i"++'l*i!# " J!.-N'. 412,92(.266. Fr. G, i!#l, ;+' ; +ir* '! J$l , 2009 r&i* "+ 3'll';i!#:

Bi& F'!"+l Slr420,000.00

T+ir"!"+ F'!"+ 4420,000.00F'!"+l Slr 3r'm 4ri'$

Empl'r J!.-J$! 4,000.00

/i"++'l*i!# " < 4ri'$ mpl'r 42,899.84r!" mpl'r 17,500.50

pi* 3'r "+ r ! !!$l prmi$m '! +l"+ !* +'pi"li"i'! i!$r!& m'$!"i!# "'

42,(00.00.

(. Fr. , mrri*, ;+' +$%!* i l' ;'r@i!# r&i* "+ 3'll';i!#:Bi& F'!"+l Slr465,000.00

T+ir"!"+ F'!"+ 4 8=12 65,000.00 426,666.66

O"+r B!3i"420,000.00/i"++'l*i!# " J!.-A$#$" 57,666.6

S+ ri#!* 33&"i A$#$" 61, 2009.

COF4UTATION O /ITOLDING TA OR DECEFBER 2009:1. Fr. E

C'mp!"i'! R&i*'r "+ Mr N'!-T%l T%l

Bi& Slr (5,000 12m'. 45(0,000 45(0,000

Or"im N'. 5,000 5,000

16"+ m'!"+ p (5,000 460,000 15,000O"+r %!3i" 12,000 12,000

PPPPPPPPP PPPPPPPP PPPPPPPP

T'"l 402,000 460,000 4572,000 PPPPPPPP PPPPPPPP QQQQQQQQQ

T'"l Gr' C'mp!"i'! 4572,000.00

L: 4r'!l mp"i'! 450,000.00A**i"i'!l mp"i'! 2 425,000 50,000.00 100,000.00

PPPPPPPPP PPPPPPPPPPP

N" T%l &'mp!"i'! 4(72,000.00

7/23/2019 RR 2-98 (as Amended)


PPPPPPPPPPP

T D$

250,000 450,000.00

222,000 60 ,00.00 PPPPPPPPPP

11,00.00

L: T ;i"++l* 3r'm pri'$ m'!"+ J!.-N'. 98,082.27 PPPPPPPPPP

T "' % &'ll&"* i! D&m%r 2009 418,517.76

QQQQQQQQQ T D$ i &'mp$"* % $i!# "+ r" pr&ri%* i! S&. 2( A, NIRC.

2. Fr.

C'mp!"i'! R&i*

'r "+ Mr N'!-T%l T%l

Bi& Slr 4198,000 4198,000

16"+ m'!"+ p 1,500 41,500O"+r %!3i" 1,500 16,500 6,000

PPPPPPPP PPPPPPPP PPPPPPPP

T'"l 4261,000 460,000 4201,000QQQQQQQ QQQQQQQ QQQQQQQ

E& '3 16"+ m'!"+ p !* '"+r %!3i" 'r "+ 460,000.00 &ili!# $!*r S&. 62 % 7

. SCI&AT'"l C'mp!"i'! 4201,000.00

L: 4r'!l !* **i"i'!l mp"i'! FE2 100,000.00

PPPPPPPPPPP

N" "%l &'mp!"i'! i!&'m 4101,000.00T D$ 41(,700.00

L: T ;i"++l* 3r'm pri'$ m'!"+ J!.-N'. 12,92(.26

PPPPPPPPPP Am'$!" "' % ;i"++l* i! D&m%r 2009 41,775.77

QQQQQQQQQ

6. Fr. G, Si!#l < C'mp$""i'! '3 ;i"++'l*i!# " 3'r D&m%r C'mp!"i'! 3r'm pri'$ mpl'r J!. "' J$! 46,000.00

C'mp!"i'! 3r'm pr!" mpl'r J$l "' D&. 120,000.00

PPPPPPPPPP T'"l "%l &'mp!"i'! J!. "' D&. 15,000.00

L: 4r'!l mp"i'! 50,000.00

4rmi$m pm!" '! +l"+

+'pi"li"i'! i!$r!& 2,(00.00 52,(00.00 PPPPPPPP PPPPPPPPP

N" "%l &'mp!"i'! 4106,00.00

PPPPPPPPPP T D$ 415,220.00

L: T /i"++l* <

4ri'$ mpl'r42,899.8 4r!" mpl'r17,500.50 20,(00.18

PPPPPPPPP PPPPPPPPP

Am'$!" "' % r3$!** i! D&m%r 45,180.18

7/23/2019 RR 2-98 (as Amended)


QQQQQQQQ

4rmi$m pm!" '! +l"+ !*='r +'pi"li"i'! +ll % ll';* &'!i*ri!# "+" #r'

&'mp!"i'! m'$!"* "' 415,000 '!l !* *i* !'" &* 4250,000.00. CDAE

R3r "' Cr"i3i&" '3 C'mp!"i'! 4m!"=T /i"++l* BIR 'rm N'. 261 i$* % pri'$ mpl'r.

T ;i"++l* 3r'm J$l "' D&m%r 61, 2008 &'mp$"* % "+ pr!" mpl'r $i!# "+

&$m$l"i &'mp$""i'!. ECST(. Fr. , mrri* &'mp$""i'! '3 " $p'! ri#!"i'!:

Bi& F'!"+l Slr465,000.00

T+ir"!"+ F'!"+ 4 8=12 65,000 426,666.66O"+r B!3i"420,000.00

S+ ri#!* 33&"i A$#$" 61, 2009.

C'mp!"i'! R&i*'r "+ Mr N'!-T%l T%l

Bi& Slr 4280,000.00 4280,000.00

16"+ m'!"+ p 26,666.66 426,666.66

O"+r %!3i" 20,000.00 ,.7 16,666.66 PPPPPPPPPPP PPPPPPPPPP PPPPPPPPPPP

T'"l 4626,666.66 60,000.00 4296,666.66

QQQQQQQQQQT'"l C'mp!"i'! 4296,666.00

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T'"l 457,800.00QQQQQQQQQQ

SECTION 2.79.1. Appli&"i'! 3'r R#i"r"i'! 3'r I!*ii*$l Er!i!# C'mp!"i'! I!&'m BIR

'rm N'. 1902. < T+ ppli&"i'! 3'r r#i"r"i'! '3 mpl' +ll % &&'mpli+* % %'"+

7/23/2019 RR 2-98 (as Amended)


mpl'r !* mpl' rl"i!# "' "+ 3'll';i!# i!3'rm"i'! !* '"+r r>$irm!":

A Empl'. <

1 Nm=Tpr? I*!"i3i&"i'! N$m%r TIN=A**r '3 mpl'='"+r i!3'rm"i'! r>$ir*

""* i! BIR 'rm N'. 19022 S""$ '3 mpl' ;+"+r SINGLE=l#ll pr"*=;i*'; 'r ;i*';r ;i"+ !' *p!*!"

&+il* 'r mrri*

6 S""$ '3 p'$ '3 "+ mpl'. < I3 "+ mpl' i l#ll mrri*, "+ Nm=TIN, i3 !,'3 "+ p'$ !* ;+"+r i* p'$ i mpl'*, $!mpl'*, mpl'* %r'*, 'r i !##* i!

"r* 'r %$i! +'$l* % i!*i&"* '! "+ ppli&"i'!

( $li3i* *p!*!". < Nm !* *" '3 %ir"+ '3 >$li3i* *p!*!"= &+il*r!5 Clim!" '3 mp"i'! 3'r &+il*r!. < T+ +$%!* i "+ pr'pr &lim!" '3 **i"i'!l

mp"i'! 3'r >$li3i* *p!*!" &+il*r!. ';r, "+ ;i3 +ll &lim 3$ll **i"i'!l mp"i'!

3'r &+il*r! i! "+ 3'll';i!# &: $%!* i $!mpl'*

% $%!* i !'!-ri*!" &i"i! *rii!# i!&'m 3r'm 3'ri#! '$r&

& T+ +$%!* ;i +i ri#+" "' &lim "+ mp"i'! '3 &+il*r! ;ir +'$l* % 3'r ll

&+il*r! i! ;'r! ""m!" "' % ""&+* "' +i Appli&"i'! 3'r R#i"r"i'! BIR 'rm N'. 1902!* "+" '3 +i ;i3?, i! &&'r*!& ;i"+ "+ pr'&*$r pr&ri%* i! "+i S&"i'!

R>$ir* 3'rm !* ""&+m!". < Up'! 3ili!# "+ Appli&"i'! 3'r R#i"r"i'! BIR 'rm

N'. 1902 'r Cr"i3i&" '3 Up*" '3 Emp"i'! !* '3 Empl'r? !* Empl'? I!3'rm"i'! BIR'rm N'. 2605, ;+i&+r i ppli&%l, "+ "pr i r>$ir* "' ""&+ ! '3 "+ 3'll';i!#

*'&$m!" "' "%li+ "+ ""$ '3 "+ "pr, i3 ppli&%l, "' "+ ppli&"i'!:

Frri# C'!"r&"% Bir"+ Cr"i3i&" '3 &+ >$li3i* *p!*!" &+il*r!, &r"i3i* % "+ L'&l Ciil R#i"r

O33i&=N"i'!l S""i"i& O33i& NSO=>$il!" *'&$m!" i$* % #'r!m!" '33i& pri'$l

r>$iri!# &r"i3i* &'p +';i!# "+ !m '3 pr!"=!* "+ !m '3 "+ DC ;i"+ %ir"+ *" .#.

pp'r" '3 DC &r"i3i* % &'mp!? $m! R'$r& O33i&r& Cr"i3i&" '3 mpl'm!" '3 "+ +$%!* i3 + i ;'r@i!# %r'*

* S;'r! D&lr"i'! !* /ir '3 Ri#+" "' Clim Emp"i'! '3 $li3i* Dp!*!"

C+il*r! % "+ $%!* A!! )) i! & ;i3 i &limi!# "+ **i"i'!l mp"i'! '3 "+&+il*r!

F*i&l Cr"i3i&" '3 >$li3i* *p!*!" &+il*, i3 p+i&ll=m!"ll i!&p&i""*

3 C'$r" *&ii'! '3 l#l *'p"i'! '3 &+il*r!# D"+ Cr"i3i&" !*

+ O"+r *'&$m!"r i*!&, ;+r "+ %' *'&$m!" r !'" il%l.

7 C'!&$rr!" m$l"ipl mpl'm!". < A! mpl' ;+' i mpl'* &'!&$rr!"l % ";' 'rm'r mpl'r ;i"+i! "+ m pri'* '3 "im *$ri!# "+ "%l r +ll 3il "+ Appli&"i'! 3'r

R#i"r"i'! BIR 'rm N'. 1902 ;i"+ +i mi! mpl'r mpl'r "' ;+'m "+ i* mpl'

r!*r +i ri& 3'r m'" '3 +i "im *$ri!# "+ "%l r !* +ll 3$r!i+ &'p '3 "+ *$l

r&i* Appli&"i'! ;i"+ +i &'!*r mpl'r 2!*, 6r*, "&. mpl'r. T+ mpl'* +$%!*!* ;i3 +ll &+ 3il pr" ppli&"i'! ;i"+ "+ir rp&"i mpl'r

8 S$&&i m$l"ipl mpl'm!" < A! mpl' ;+' "r!3rr* "' !'"+r mpl'r *$ri!#

"+ "%l r, +ll 3$r!i+ +i !; Empl'r ;i"+ Cr"i3i&" '3 Up*" '3 Emp"i'! !* '3Empl'r? !* Empl'? I!3'rm"i'! BIR 'rm N'. 2605 i!*i&"i!# "+ri! +i pri'$

mpl'm!" *$ri!# "+ "%l r !m '3 mpl'r=, **r=, TIN= !* "+ *"= '3 +i

pr"i'! !* ""&+ "' "+ i* &r"i3i&", &'p '3 "+ Cr"i3i&" '3 C'mp!"i'! 4m!"=T/i"++l* BIR 'rm N'. 261 3'r &'mp!"i'! pm!" ;i"+ 'r ;i"+'$" ;i"++'l*i!# " 3'r "+

&l!*r r i$* % pri'$ mpl'r=.

'r ! mpl' ;i"+ $&&i mpl'm!" %#i!!i!# J$l , 2008 "' D&m%r 61, 2008, "+

7/23/2019 RR 2-98 (as Amended)


mpl'r= 3'r "+ &'!* m"r +ll ppl "+ pr'-r"* mp"i'! prili!# 3'r "+ 3ir" m"r

!*i!# J$l 5, 2008 %* '! BIR 'rm N'. 261 i$* % "+ pri'$ mpl'r ;+i&+ ;

$%mi""* % "+ mpl' !* "+ pr'-r"* mp"i'! prili!# 3'r "+ &'!* m"r !*i!#

D&m%r 61, 2008 i! "+ &'mp$""i'! '3 r-!* *$"m!"9 Fi* I!&'m < A! i!*ii*$l r&ii!# &'m%i!"i'! '3 &'mp!"i'! !*

%$i!=pr'3i'!l i!&'m +ll 3ir" **$&" "+ ll';%l pr'!l !* **i"i'!l mp"i'! 3r'm

&'mp!"i'! i!&'m, '!l "+ & "+r3r'm &! % **$&"* 3r'm %$i! 'r pr'3i'!li!&'m. I! "+ & '3 +$%!* !* ;i3, "+ +$%!* +ll % "+ pr'pr &lim!" '3 "+ **i"i'!l

mp"i'! $!l + ;i i" i! 3'r '3 +i ;i3.

B Empl'r. < T+ mpl'r ;i"+ ;+'m "+ Appli&"i'! 3'r R#i"r"i'! BIR 'rm N'. 1902i 3il*, m$" i!*i&" "+ *" '3 r&ip" "+r'! !* &&'mpli+ 4r" V '3 "+ i* Appli&"i'!

pr"i!i!# "' Empl'r? I!3'rm"i'! $&+ TIN, Empl'r? R#i"r* Nm, !* '"+r rl!"

i!3'rm"i'!.C 4r'&*$r 3'r "+ 3ili!# '3 "+ Appli&"i'! 3'r R#i"r"i'! BIR 'rm N'. 1902 <

1 All mpl'r +ll r>$ir "+ir mpl' "' &&'mpli+ i! "ripli&" "+ Appli&"i'! 3'r

R#i"r"i'! BIR 'rm 1902 Ori#i!l &'p - RDO D$pli&" - mpl'r Tripli&" - mpl'

*&ri%* %' 3'll';: N; mpl'= +ll &&'mpli+ !* 3il "+ Appli&"i'! 3'r R#i"r"i'! 3'r I!*ii*$l

Er!i!# C'mp!"i'! I!&'m BIR 'rm N'. 1902 ;i"+i! "! 10 * 3r'm "+ *" '3

mpl'm!"% I! & '3 &+!# i! "+ i!3'rm"i'! *" i! "+ Appli&"i'! 3'r R#i"r"i'! BIR 'rm N'.

1902 pri'$l $%mi""* % "+ mpl', &'!i"i!# '3 &+!# i! ""$ !* pr'!l !*

**i"i'!l mp"i'!, mpl'm!"=;'r@i!# ""$ '3 "+ p'$ '3 "+ mpl', m$l"iplmpl'm!" ""$ !* m'$!" '3 &'mp!"i'! i!&'m, Cr"i3i&" '3 Up*" '3 Emp"i'! !* '3

Empl'r? !* Empl'? I!3'rm"i'! BIR 'rm N'. 2605 r3l&"i!# "+ &+!#, "'#"+r ;i"+ "+

r>$ir* *'&$m!"=i*!& '3 &+!# m$" % $%mi""* "' "+ mpl'r ;i"+i! "! 10 * 3"r

$&+ &+!#. T+ mpl'r +ll "+! m@ "+ !&r *$"m!" '! "+ ;i"++'l*i!# " '3 "+mpl' %* '! "+ !; i!3'rm"i'!

2 T+ mpl'r +ll "r!mi" ll &'pi '3 "+ Appli&"i'! 3'r R#i"r"i'! BIR 'rm N'. 1902

'r Cr"i3i&" '3 Up*" '3 Emp"i'! !* '3 Empl'r? !* Empl'? I!3'rm"i'! BIR 'rm N'.2605, ;+i&+r i ppli&%l, 3"r &&'mpli+i!# "+ p'r"i'! '3 Empl'r? i!3'rm"i'! '3 i"+r

3'rm "' "+ RDO ;+r "+ mpl'r i r#i"r* ;i"+i! "+ir" 60 * 3'll';i!# i" r&ip" 3r'm

"+ mpl'. T+ RDO 'r +i *$l $"+'ri* rpr!""i, ;+r "+ mpl'r i r#i"r*, +llr&i !* "mp "+ "+r &'pi. T+ "ripli&" &'p *$l "mp* r&i* % "+ BIR +ll % #i!

"' "+ mpl'.

6 T+ mpl'r +ll ri; "+ mp"i'! '3 "+ mpl' !* +ll, i! "+ &'mp$""i'! '3" r>$ir* "' % ;i"++l* '! "+ &'mp!"i'! '3 mpl', ppl "+ &'rr&" !* ppli&%l

mp"i'! pr'i** i! "+ r#$l"i'!.

( I! & "+ +$%!* ;i +i ri#+" "' &lim "+ **i"i'!l mp"i'! '3 &+il*r! i! 3'r '3

+i ;i3, + +ll &&'mpli+ S;'r! D&lr"i'! !* /ir '3 Ri#+" "' Clim Emp"i'! '3$li3i* Dp!*!" C+il*r! % "+ $%!* A!! )) i! &&'r*!& ;i"+ "+ 3'll';i!#

pr'&*$r:

ill $p "+r 6 &'pi '3 "+ pr&ri%* ;ir 3'rm.% S$%mi" "+ ;ir 3'rm "'#"+r ;i"+ "+ BIR 'rm N'. 1902 "' +i mpl'r ;i"+i! "! 10

* 3r'm mpl'm!", 3'r &@!';l*#m!" i! "+ p& pr'i** 3'r "+" p$rp'.

T+ mpl'r '3 "+ +$%!* +ll:i A3"r 3illi!# $p "+ &@!';l*#m!" p'r"i'! '3 "+ ;ir 3'rm, r"i! "+ *$pli&" &'p '3 "+

3'rm !* 3$r!i+ "+ mpl' "+ 'ri#i!l !* "ripli&" &'pi 3'r $%mii'! "' "+ mpl'r '3 "+

;i3 !* 3'r 3il '3 "+ mpl', rp&"il.

7/23/2019 RR 2-98 (as Amended)


ii S"'p **$&"i'! '3 **i"i'!l mp"i'! 3'r >$li3i* *p!*!" &+il*r! 3r'm "+ +$%!*?

&'mp!"i'! i!&'m "r"i!# "+ 3'll';i!# m'!"+.

T+ mpl'r '3 "+ ;i3 +ll, $p'! r&ip" '3 &'p '3 "+ ;ir 3'rm *$l &@!';l*#* % "+

mpl'r '3 "+ +$%!*, "r" **$&"i!# **i"i'!l mp"i'! 3'r &+il*r! 3r'm "+ ;i3? i!&'m '!"+ m'!"+ ;+! "+ mpl'r '3 "+ +$%!* "'pp* **$&"i!# "+ mp"i'! '3 &+il*r! 3r'm "+

+$%!*? i!&'m.

& T+ mpl'* +$%!* !* ;i3 +ll ppl "+ ;ir i! "+ &'mp$""i'! '3 "+ir rp&"i"%l i!&'m i! "+ i!&'m " r"$r! r>$ir* "' % 3il* % "+m 3'll';i!# "+ pr'&*$r 3'r 3ili!#

"+ ;ir $!*r S&"i'! 2.79.1 C( '3 "+ r#$l"i'!, "+" i, "+ +$%!* +ll !'" **$&"

mp"i'! '3 &+il*r! 3r'm +i &'mp!"i'! i!&'m %&$ + + ;i* "+ m mp"i'! '3&+il*r! i! 3'r '3 +i ;i3 ;+' ;ill !'; **$&" i* mp"i'! 3r'm +r i!&'m i! &'mp$"i!# +r

" *$.

/ir r&i* *$ri!# "+ &l!*r r +ll % m* '!l '!& i! &l!*r r !* +ll "@33&" 3'r "+ pr!" &l!*r r !* $&&*i!# r= $!"il r'@* % "+ +$%!*. A!

;ir=r'&"i'! '3 $&+ ;ir +ll "@ 33&" '!l "r"i!# "+ $&&*i!# &l!*r r. I! !' &

+'$l* ! mpl'r '3 "+ ;i3 **$&" mp"i'! '3 &+il*r! 3r'm "+ ;i3? i!&'m $!l "+ ;ir

% "+ +$%!* + %! *$l &@!';l*#* % "+ mpl'r '3 "+ +$%!*.R#i"r"i'! '3 mpl' r&ii!# p$rl &'mp!"i'! i!&'m +ll % " "+ RDO +i!#

$ri*i&"i'! 'r "+ mpl'? pl& '3 i#!m!" &'!i*ri!# "+" "+ mpl' $%mi" ppli&"i'!

3'r r#i"r"i'!=mp"i'! $p*" "' "+ir mpl'r. I! & '3 m$l"ipl mpl'm!", i" +ll % " "+RDO ;+r "+ mi! mpl'r i r#i"r*.

SECTION 2.79.2. il$r "' 3il Appli&"i'! 3'r R#i"r"i'! BIR 'rm N'. 1902 'r Cr"i3i&" '3

Up*" '3 Emp"i'! !* '3 Empl'r? !* Empl'? I!3'rm"i'! BIR 'rm N'. 2605. < /+r! mpl', i! i'l"i'! '3 "+ r#$l"i'! i"+r 3il 'r r3$ "' 3il ! Appli&"i'! 3'r

R#i"r"i'! BIR 'rm N'. 1902 "'#"+r ;i"+ "+ r>$ir* ""&+m!", "+ mpl'r +ll ;i"++'l*

"+ " pr&ri%* $!*r "+ S&+*$l 3'r r' Emp"i'! '3 "+ Ri* /i"++'l*i!# T T%l. I!

& '3 3il$r "' 3il "+ Cr"i3i&" '3 Up*" '3 Emp"i'! !* '3 Empl'r? !* Empl'?I!3'rm"i'! BIR 'rm N'. 2605 "'#"+r ;i"+ "+ ""&+m!", "+ mpl'r +ll ;i"++'l* "+ "

%* '! "+ rp'r"* pr'!l mp"i'! i"i!# pri'r "' "+ &+!# '3 ""$ !* ;i"+'$" r3l&"i!#

! &+!#. A! r3$!* 'r $!*r;i"++'l*i!# "+" +ll ri *$ "' "+ i'l"i'! +ll % &'r* %"+ p!l"i pr&ri%* i! S&"i'! 80 '3 "+ NIRC, m!**.

SECTION 2.79.6. /i"++'l*i!# '! "+ Bi '3 Ar# C'mp!"i'!. < T+ mpl'r m

;i"++'l* "+ " $!*r "+ NIRC, m!**, '! "+ %i '3 "+ mpl'? r# "im"*&'mp!"i'!, ;i"+ "+ !&r *$"m!", 3'r ! m'!"+=>$r"r=r.

SECTION 2.79.(. $%!* !* /i3. </+r %'"+ +$%!* !* ;i3 r &+ r&ipi!" '3

&'mp!"i'! i"+r 3r'm "+ m 'r *i33r!" mpl'r, " "' % ;i"++l* +ll % *"rmi!* '!"+ 3'll';i!# %i:

A T+ +$%!* +ll % *m* "+ pr'pr &lim!" '3 "+ **i"i'!l mp"i'! i! rp&" "' !

*p!*!" &+il*r!, $!l + pli&i"l ;i +i ri#+" i! 3'r '3 +i ;i3 i! "+ ppli&"i'! 3'r

r#i"r"i'! 'r i! "+ ;i"++'l*i!# mp"i'! &r"i3i&". T+ ;ir m % *'! ! "im *$ri!# "+r.

B I! #!rl, " +ll % ;i"++l* 3r'm "+ ;# '3 "+ ;i3 i! &&'r*!& ;i"+ "+ &+*$l

3'r mrri* pr'! ;i"+'$" ! >$li3i* *p!*!".SECTION 2.79.5. N'!-Ri*!" Ali!. < C'mp!"i'! 3'r ri& r!*r* i! "+ 4+ilippi!

pi* "' !'!-ri*!" li! !##* i! "r* 'r %$i! +ll % $%&" "' ;i"++'l*i!# $!*r "+

R#$l"i'!.SECTION 2.79.. Mr-E!* A*$"m!". < O! 'r %3'r "+ !* '3 "+ &l!*r r, !* pri'r "'

"+ pm!" '3 "+ &'mp!"i'! 3'r "+ l" pr'll pri'*, "+ mpl'r +ll *"rmi! "+ $m '3

"+ "%l r#$lr !* $pplm!"r &'mp!"i'! pi* "' &+ mpl' 3'r "+ !"ir r,

7/23/2019 RR 2-98 (as Amended)


i!&l$*i!# "+ l" &'mp!"i'! "' % pi* !* &'mp$" 3'r "+ m'$!" '3 i!&'m " '! "+ !!$li*

#r' &'mp!"i'! i!&'m 4r'i** +';r, "+" "+ "%l 3ri!# %!3i" r&i* % mpl'

&p" "+' #i! "' "+ r!@ !* 3il +ll % $%&" "' 3i!l 3ri!# %!3i" ".

SECTION 2.80. Li%ili" 3'r T. < A Empl'r. <

1 I! #!rl, "+ mpl'r +ll % rp'!i%l 3'r "+ ;i"++'l*i!# !* rmi""!& '3 "+ &'rr&"

m'$!" '3 " r>$ir* % **$&"i!# !* ;i"++'l*i!# 3r'm "+ &'mp!"i'! i!&'m '3 +i mpl'.I3 "+ mpl'r 3il "' ;i"++'l* !* rmi" "+ &'rr&" m'$!" '3 ", $&+ " +ll % &'ll&"* 3r'm

"+ mpl'r "'#"+r ;i"+ "+ p!l"i 'r **i"i'! "' "+ " '"+r;i ppli&%l.

2 T+ mpl'r ;+' i r>$ir* "' &'ll&", &&'$!" 3'r !* rmi" ! " imp'* % "+ NIRC, m!**, ;+' ;ill3$ll 3il "' &'ll&" $&+ ", 'r &&'$!" 3'r !* rmi" $&+ " 'r ;ill3$ll i" i!

! m!!r "' * ! pm!" "+r'3, +ll i! **i"i'! "' '"+r p!l"i, pr'i** 3'r i! "+ C'*,

m!**, % li%l, $p'! &'!i&"i'!, "' p!l" >$l "' "+ m'$!" '3 "+ " !'" &'ll&"* !'r&&'$!"* 3'r 'r rmi""*. C*pr

6 A! mpl'r=;i"++'l*i!# #!" ;+' 3il, 'r r3$ "' r3$!* & ;i"++'l*i!# " !'" l"r

"+! J!$r 25 '3 "+ $&&*i!# r +ll, i! **i"i'! "' ! p!l"i pr'i** i! Ti"l '3 "+

C'*, m!**, % li%l "' p!l" >$l "' "+ "'"l m'$!" '3 r3$!* ;+i&+ ; !'" r3$!** "'"+ mpl' r$l"i!# 3r'm ! & '3 "+ m'$!" ;i"++l* 'r "+ " &"$ll *$ '! "+ir

r"$r!.

B Empl'. < /+r ! mpl' 3il 'r r3$ "' 3il "+ Appli&"i'! '3 R#i"r"i'! 'rCr"i3i&" '3 Up*" '3 Emp"i'! !* '3 Empl'r? !* Empl'? I!3'rm"i'! BIR 'rm N'.

2605 "'#"+r ;i"+ "+ ""&+m!" 'r ;ill3$ll $ppli 3l 'r i!&&$r" i!3'rm"i'! "+r$!*r

3"r *$ ;ri""! !'"i& % "+ mpl'r, "+ " '"+r;i "' % ;i"++l* % "+ mpl'r +ll %&'ll&"* 3r'm +im i!&l$*i!# p!l"i 'r **i"i'! "' "+ " 3r'm "+ *$ *" '3 rmi""!& $!"il "+

*" '3 pm!". O! "+ '"+r +!*, ;+r "+ mpl', 3"r *$ ;ri""! !'"i& 3r'm "+ mpl'r,

;ill3$ll 3il 'r r3$ "' 3il "+ Appli&"i'! 3'r R#i"r"i'! 'r "+ Cr"i3i&" '3 Up*" '3

Emp"i'! !* '3 Empl'r? !* Empl'? I!3'rm"i'!, ;+i&+r i ppli&%l, 'r ;ill3$ll$ppli 3l !* i!&&$r" i!3'rm"i'!, "+ & " ;i"++l* % "+ mpl'r +ll !'" %

r3$!** "' "+ mpl' %$" +ll % 3'r3i"* i! 3'r '3 "+ #'r!m!".

C A**i"i'! "' T. <1 T+r +ll % imp'*, i! **i"i'! "' "+ " r>$ir* "' % pi*, p!l" >$il!" "' ";!"

3i pr&!" 25 '3 "+ m'$!" *$, i! "+ 3'll';i!# &:

il$r "' 3il ! r"$r! !* p "+ " *$ "+r'! r>$ir* $!*r "+ pr'ii'! '3 "+C'* 'r "+ r#$l"i'! '! "+ *" pr&ri%* 'r

% U!l '"+r;i $"+'ri* % "+ C'mmii'!r, 3ili!# r"$r! ;i"+ ! i!"r!l r!$

'33i&r '"+r "+! "+' ;i"+ ;+'m "+ r"$r! i r>$ir* "' % 3il 'r & il$r "' p "+ *3i&i!& " ;i"+i! "+ "im pr&ri%* 3'r i" pm!" i! "+ !'"i& '3

m!" 'r

* il$r "' p "+ 3$ll 'r pr" '3 "+ m'$!" '3 " +';! '! ! r"$r! r>$ir* "' % 3il*

$!*r "+ pr'ii'! '3 "+ C'* 'r "+ r#$l"i'!, 'r "+ 3$ll m'$!" '3 " *$ 3'r ;+i&+ !' r"$r!i r>$ir* "' % 3il*, 'r %3'r "+ *" pr&ri%* 3'r i" pm!" 'r

I! & '3 ;ill3$l !#l&" "' 3il "+ r"$r! ;i"+i! "+ pri'* pr&ri%* % "+ C'* 'r

r#$l"i'!, 'r i! & 3l 'r 3r$*$l!" r"$r! i ;ill3$ll m*, "+ p!l" "' % imp'* +ll %3i3" pr&!" 50 '3 "+ *3i&i!& ", i! & ! pm!" + %! m* '! "+ %i '3 $&+

r"$r! %3'r "+ *i&'r '3 "+ 3li" 'r 3r$*.

3 T+ p!l"i imp'* +r$!*r +ll ppl i! "+ & '3 *3i&i!& " m!" ;+i&++ %&'m 3i!l !* &$"'r %$" ;+i&+ i !'" pi* ;i"+i! "+ "im pr&ri%* 3'r pm!". T+

i!"r" +ll % imp'* '! "+ "'"l m'$!" *$, i!&l$i '3 "+ *3i&i!& i!&rm!".

2 I!"r" < T+r +ll % * !* &'ll&"* '! ! $!pi* m'$!" '3 ", ! i!"r" " "+

7/23/2019 RR 2-98 (as Amended)


r" '3 ";!" pr&!" 20 pr !!$m, 'r $&+ +i#+r r" m % pr&ri%* 3'r pm!" $!"il "+

m'$!" i 3$ll pi*.

6 D3i&i!& I!"r" < A! *3i&i!& i! "+ %i& " *$, "+ "rm i *3i!* i! "+ C'*,

+ll % $%&" "' "+ i!"r" pr&ri%* i! pr#rp+ +r'3, ;+i&+ i!"r" +ll % * !*&'ll&"* 3r'm "+ *" pr&ri%* 3'r i" pm!" $!"il "+ 3$ll pm!" "+r'3. C*pr

I3 "+ ;i"++'l*i!# #!" i "+ #'r!m!" 'r ! '3 i" #!&i, p'li"i&l $%*iii'!, 'r

i!"r$m!"li"i 'r #'r!m!"-';!* 'r &'!"r'll* &'rp'r"i'!, "+ mpl' "+r'3 rp'!i%l3'r "+ ;i"++'l*i!# !* rmi""!& '3 " +ll % pr'!ll li%l 3'r "+ $r&+r# !* i!"r"

imp'* +ri!.

D il$r "' il Cr"i! I!3'rm"i'! R"$r! S&. 250 '3 "+ C'*. < I! "+ & '3 &+ 3il$r"' 3il ! i!3'rm"i'! r"$r!, ""m!" 'r li", 'r @p ! r&'r*, 'r $ppl ! i!3'rm"i'! r>$ir*

% "+i C'* 'r % "+ C'mmii'!r '! "+ *" pr&ri%* "+r3'r, $!l i" i +';! "+" $&+

3il$r i *$ "' r'!%l &$ !* !'" "' ;ill3$l !#l&", "+r +ll, $p'! !'"i& !* *m!* % "+C'mmii'!r, % pi* % "+ pr'! 3ili!# "' 3il, @p 'r $ppl "+ m, '! "+'$!* p'

41,000 3'r &+ $&+ 3il$r: 4r'i**, +';r, T+" "+ ##r#" m'$!" "' % imp'* 3'r ll

$&+ 3il$r *$ri!# &l!*r r +ll !'" &* ";!"-3i "+'$!* p' 425,000.

E Sp&i3i& 4!l"i. < N'";i"+"!*i!# "+ p!l"i +r$!*r pr'i**, "+ 3'll';i!#i'l"i'! m % "r$*i&ill ""l* "+r'$#+ &'mpr'mi p$r$!" "' S&. 20( '3 "+ C'*.

1 il$r "' 3il r"$r!, $ppl &'rr&" !* &&$r" i!3'rm"i'!, p ", ;i"++'l* !* rmi" "

!* r3$!* & " ;i"++l* '! &'mp!"i'! S&. 255 '3 "+ C'*. < A! pr'! r>$ir* $!*r"+ C'*, m!**, 'r % r#$l"i'! "' p ! ", m@ r"$r!, @p ! r&'r*=, 'r $ppl

&'rr&" !* &&$r" i!3'rm"i'!, ;+' ;ill3$ll 3il "' p $&+ ", m@ $&+ r"$r!, @p !

r&'r*=, 'r $ppl &'rr&" !* &&$r" i!3'rm"i'!, 'r ;i"++'l* 'r rmi" " ;i"++l*, 'r r3$!*& " ;i"++l* '! &'mp!"i'!, " "+ "im 'r "im r>$ir* % l;, +ll i! **i"i'! "' "+

'"+r p!l"i pr'i** % l;, $p'! &'!i&"i'! "+r'3, % 3i!* !'" l "+! "! "+'$!* p'

410,000 !* impri'!m!" '3 !'" l "+! '! 1 r %$" !'" m'r "+! "+ 10 r.

2 D&lr"i'! $!*r p!l"i '3 pr$r S&. 27 '3 "+ C'*. < A! *&lr"i'!, r"$r! !*'"+r ""m!" r>$ir* $!*r "+ C'*, m!**, +ll, i! li$ '3 ! '"+, &'!"i! ;ri""!

""m!" "+" "+ r m* $!*r "+ p!l"i '3 pr$r. A! pr'! ;+' ;ill3$ll 3il

*&lr"i'!, r"$r! 'r ""m!" &'!"i!i!# i!3'rm"i'! ;+i&+ i !'" "r$ !* &'rr&" "' rm"ril m""r +ll, $p'! &'!i&"i'!, % $%&" "' "+ p!l"i pr&ri%* 3'r pr$r $!*r "+

Ri* 4!l C'*.

6 Vi'l"i'! '3 ;i"++'l*i!# " pr'ii'! % #'r!m!" '33i&r S&. 272 '3 "+ C'*. <Er '33i&r 'r mpl' '3 "+ #'r!m!" '3 "+ Rp$%li& '3 "+ 4+ilippi! 'r ! '3 i" #!&i

!* i!"r$m!"li"i, i" p'li"i&l $%*iii'!, ;ll #'r!m!"-';!* 'r &'!"r'll* &'rp'r"i'!

i!&l$*i!# "+ C!"rl B!@ ;+', $!*r "+ pr'ii'! '3 "+ C'*, m!**, 'r r#$l"i'! pr'm$l#"* "+r$!*r, i &+r#* ;i"+ "+ *$" "' **$&" !* ;i"++'l* ! i!"r!l r!$ " !*

"' rmi" "+ m i! &&'r*!& ;i"+ "+ pr'ii'! '3 "+ C'* m!**, !* '"+r l; +ll %

#$il" '3 ! '33! +ri! %l'; p&i3i* !* $p'! &'!i&"i'! '3 &+ &" 'r 'mii'!, % 3i!* i!

$m !'" l "+! 3i "+'$!* p' 45,000 %$" !'" m'r "+! 3i3" "+'$!* p' 450,000 'rimpri'!* 3'r "rm '3 !'" l "+! i m'!"+ !* '! * %$" !'" m'r "+! ";' r, 'r %'"+:

T+' ;+' 3il 'r &$ "+ 3il$r "' **$&" !* ;i"++'l* ! i!"r!l r!$ " $!*r ! '3

"+ ;i"++'l*i!# " l; !* implm!"i!# r#$l"i'!% T+' ;+' 3il 'r &$ "+ 3il$r "' rmi" " **$&"* !* ;i"++l* ;i"+i! "+ "im

pr&ri%* % l;, !* implm!"i!# r#$l"i'! !*

& T+' ;+' 3il 'r &$ "+ 3il$r "' 3il r"$r! 'r ""m!" ;i"+i! "+ "im pr&ri%*, 'rr!*r 'r 3$r!i+ 3l 'r 3r$*$l!" r"$r! 'r ""m!" r>$ir* $!*r "+ ;i"++'l*i!# " l; !*

r#$l"i'!.

( Vi'l"i'! '3 '"+r pr'ii'! '3 "+ C'* 'r r#$l"i'! i! #!rl S&. 275 '3 "+ C'*. < A

7/23/2019 RR 2-98 (as Amended)


pr'! ;+' i'l" ! pr'ii'! '3 "+ C'*, m!**, 'r ! r#$l"i'!, 3'r ;+i&+ !' p&i3i&

p!l" i pr'i** % l; +ll, $p'! &'!i&"i'! 3'r i" &" 'r 'mii'!, % 3i!* i! $m '3 !'" m'r

"+! '! "+'$!* p' 'r impri'!* 3'r "rm '3 !'" m'r "+! i m'!"+, 'r %'"+.

T+ p&i3i& &+*$l '3 p!l"i +ll % pr'i** i! pr" r#$l"i'!.SECTION 2.81. ili!# '3 R"$r! !* 4m!" '3 I!&'m T /i"++l* '! C'mp!"i'! 'rm

N'. 101. < Er pr'! r>$ir* "' **$&" !* ;i"++'l* "+ " '! &'mp!"i'!, i!&l$*i!# lr#

"pr *"rmi!* % "+ C'mmii'!r, +ll m@ r"$r! !* p $&+ " '! 'r %3'r "+10"+ * '3 "+ m'!"+ 3'll';i!# "+ m'!"+ i! ;+i&+ ;i"++'l*i!# ; m* "' ! $"+'ri* #!"

%!@ ;i"+i! "+ R!$ Di"ri&" O33i& RDO 'r i! pl& ;+r "+r r !' #!" %!@, "' "+

R!$ Di"ri&" O33i&r '3 "+ Ci" 'r F$!i&ipli" ;+r "+ ;i"++'l*i!# #!"=mpl'r? l#lri*!& 'r pl& '3 %$i! 'r '33i& i l'&"* pr'i**, +';r, "+" " ;i"++l* 3r'm "+ l"

&'mp!"i'! D&m%r 3'r "+ &l!*r r +ll % pi* !'" l"r "+! J!$r 15 '3 "+

$&&*i!# r 4r'i**, +';r, "+" ;i"+ rp&" "' "pr, ;+"+r lr# 'r !'!-lr#, ;+'il* '3 "+ E4S, "+ **li! 3'r l&"r'!i&ll 3ili!# "+ 3'ri* ;i"++'l*i!# " r"$r! !*

pi!# "+ " *$ "+r'! i "+ E4S +ll % 3i 5 * l"r "+! "+ **li! " %'.

I3 "+ pr'! r>$ir* "' ;i"++'l* !* p "+ " i &'rp'r"i'!, "+ r"$r! +ll % m* i! "+ !m

'3 "+ &'rp'r"i'! !* +ll % i#!* !* ri3i* % "+ pri*!", i&-pri*!", 'r $"+'ri*'33i&r.

/i"+ rp&" "' ! " r>$ir* "' % ;i"++l* % 3i*$&ir, "+ r"$r! +ll % m* i! "+ !m '3

"+ i!*ii*$l, "", 'r "r$" 3'r ;+i&+ $&+ 3i*$&ir &", !* +ll % i#!* !* ri3i* % $&+3i*$&ir. I! "+ & '3 ";' 'r m'r 'i!" 3i*$&iri "+ r"$r! +ll % i#!* !* ri3i* % '! '3

$&+ 3i*$&iri.

SECTION 2.82. R"$r! !* 4m!" i! C /+r "+ G'r!m!" i "+ Empl'r. < I3 "+G'r!m!" '3 "+ 4+ilippi!, i" p'li"i&l $%*iii'! 'r ! #!& 'r i!"r$m!"li", ;ll

#'r!m!"-';!* 'r &'!"r'll* &'rp'r"i'! i "+ mpl'r, "+ r"$r! '3 "+ " m % m* % "+

'33i&r 'r mpl' +i!# &'!"r'l '3 pm!" '3 &'mp!"i'! 'r '"+r '33i&r 'r mpl'

ppr'pri"l *i#!"* 3'r "+ p$rp'.SECTION 2.86. S""m!" !* R"$r!.

SECTION 2.86.1. Empl' /i"++'l*i!# S""m!" BIR 'rm N'. 261. < I! #!rl, r

mpl'r 'r '"+r pr'! ;+' i r>$ir* "' **$&" !* ;i"++'l* "+ " '! &'mp!"i'! i!&l$*i!#3ri!# %!3i" #i! "' r!@ !* 3il mpl', +ll 3$r!i+ r mpl' 3r'm ;+'

&'mp!"i'! " + %! ;i"++l* "+ Cr"i3i&" '3 C'mp!"i'! 4m!"=T /i"++l* BIR

'rm N'. 261 '! 'r %3'r J!$r 61 '3 "+ $&&*i!# &l!*r r, 'r i3 mpl'm!" i"rmi!"* %3'r "+ &l' '3 $&+ &l!*r r, '! "+ * '! ;+i&+ "+ l" pm!" '3

&'mp!"i'! i m*. il$r "' 3$r!i+ "+ m +ll % #r'$!* 3'r "+ m!*"'r $*i" '3 p'r?

i!&'m " li%ili"i i!&l$*i!# ;i"++'l*i!# " $p'! ri3i* &'mpli!" '3 "+ p.Empl'r '3 F/E r "ill r>$ir* "' i$ BIR 'rm N'. 261 J$! 2008 E!& ri'! "' "+

F/E '! 'r %3'r J!$r 61 '3 "+ 3'll';i!# r.

T+ mpl'r +ll 3$r!i+ &+ mpl' ;i"+ "+ 'ri#i!l !* *$pli&" &'pi '3 BIR 'rm N'.

261 +';i!# "+ !m !* **r '3 "+ mpl'r mpl'r? TIN !m !* **r '3 "+mpl' mpl'? TIN m'$!" '3 mp"i'! &lim* m'$!" '3 prmi$m pm!" '! +l"+

!*='r +'pi"li"i'! i!$r!& !'" &*i!# 42,(00.00, i3 ! "+ $m '3 &'mp!"i'! pi*

i!&l$*i!# "+ !'!-"%l %!3i" "+ m'$!" '3 ""$"'r mi!im$m ;# r&i* % F/EOr"im p, +'li* p, !i#+" +i3" *i33r!"il p !* +r* p r&i* % F/E "+ m'$!"

'3 " *$ "+ m'$!" '3 " ;i"++l* *$ri!# "+ &l!*r r !* $&+ '"+r i!3'rm"i'! m %

r>$ir*. T+ ""m!" m$" % i#!* % %'"+ "+ mpl'r 'r '"+r $"+'ri* '33i&r !* "+mpl', !* +ll &'!"i! ;ri""! *&lr"i'! "+" i" i m* $!*r "+ p!l"i '3 pr$r. I3 "+

mpl'r i "+ G'r!m!" '3 "+ 4+ilippi!, i" p'li"i&l $%*iii'!, #!& 'r i!"r$m!"li" 'r

#'r!m!"-';!* 'r &'!"r'll* &'rp'r"i'!, "+ ""m!" +ll % i#!* % "+ *$l *i#!"*

7/23/2019 RR 2-98 (as Amended)


'33i&r 'r mpl'.

T+ Cr"i3i&" '3 C'mp!"i'! 4m!"=T /i"++l* BIR 'rm N'. 261 +ll &'!"i!

&r"i3i&"i'! "' "+ 33&" "+" "+ mpl'r? 3ili!# '3 BIR 'rm N'. 10(-C +ll % &'!i*r*

$%"i"$"* 3ili!# '3 "+ mpl'? i!&'m " r"$r! "' "+ "!" "+" "+ m'$!" '3 &'mp!"i'!!* " ;i"++l* ppri!# i! BIR 'rm N'. 10(C 3il* ;i"+ "+ BIR i &'!i"!" ;i"+ "+

&'rrp'!*i!# m'$!" i!*i&"* i! BIR 'rm N'. 261. I" +ll % i#!* % %'"+ "+ mpl' !*

mpl'r """i!# "' "+ 3&" "+" "+ i!3'rm"i'! ""* "+ri! + %! ri3i* !* i "r$ !*&'rr&" "' "+ %" '3 "+ir @!';l*#. ';r, "+ ;i"++'l*i!# #!"=mpl'r r r>$ir* "'

r"i! &'pi '3 "+ *$l i#!* BIR 'rm N'. 261 3'r pri'* '3 "+r 6 r r>$ir* $!*r "+

NIRC./+r "+ mpl' i F/E *3i!* $!*r RA 950( ;+' i!&'m i mp" 3r'm i!&'m " !*,

&'!>$!"l, 3r'm ;i"++'l*i!# ", BIR 'rm N'. 261 +ll +'; "+ $m '3 !'!-"%l SF/ pi*

i!&l$*i!# "+ !'!-"%l %!3i" $&+ +'li* p, 'r"im p, !i#+" +i3" *i33r!"il p !*+r* p r!* *$ri!# "+ &l!*r r !* $&+ '"+r i!3'rm"i'! m % r>$ir*. 4r'i**,

"+" "+ ppli&%l %' 3'r F/E $!*r BIR 'rm N'. 261 J$! 2008 E!&. ri'! r $33i&i!"l

3ill*-$p. T+i r pr''3 '3 3i!!&il &p&i" 3'r p$rp' '3 l'!, !* 3'r '"+r p$rp' ;i"+

ri'$ #'r!m!" #!&i.Spr"*="rmi!"* mpl' ;i"+i! "+ pri'* 3r'm J!$r 1 "' J$l 5, 2008, ;+r "+ "'"l

mp"i'! .#. mrri*-462,000 $* i! "+ !!$li* &'mp$""i'! ;r li@;i +';! i! "+

i$* BIR 'rm 261, +ll % rp'r"* % "+ mpl'r $!*r "+ lp+li" '3 "rmi!"* mpl';i"+ *" '3 "rmi!"i'!=pr"i'!.

'r "+' ;i"+ &+!# i! mp"i'!, $&+ "+" '3 +i!# ! **i"i'!l *p!*!" &+il*, 'r 3'r "+'

;i"+ $&&i mpl'm!" 3'r "%l r 2008, "+ ppli&%l pp'r"i'!* mp"i'! 3'r J!$r 1"' J$l 5, 2008 +ll % ppli* 3'r "+ 3ir" m"r !* "+ ppli&%l pp'r"i'!* mp"i'! 3'r J$l

"' D&m%r 61, 2008 +ll % ppli* 3'r "+ &'!* m"r.

T+ mpl' ;+' i >$li3i* 3'r $%"i"$"* 3ili!# '3 i!&'m " r"$r! $!*r "+ r#$l"i'! +ll

!' l'!#r % r>$ir* "' 3il i!&'m " r"$r! BIR 'rm N'. 1700 i!& BIR 'rm N'. 10(-C;i"+ lp+li" '3 mpl' +ll % &'!i*r* $%"i"$"* r"$r! 3il* % "+ mpl'r. BIR 'rm

N'. 261, *$l &r"i3i* % %'"+ mpl' !* mpl'r, +ll r "+ m p$rp' i3 BIR

'rm N'. 1700 +* %! 3il*, $&+ pr''3 '3 3i!!&il &p&i" 3'r p$rp' '3 l'!, &r*i" &r*, 'r'"+r ppli&"i'!, 'r 3'r "+ p$rp' '3 ili!# " &r*i" i! "+ mpl'? +'m &'$!"r !* 3'r

'"+r p$rp' ;i"+ ri'$ #'r!m!" #!&i. T+i m % $* 3'r p$rp' '3 &$ri!# "rl "

mp"i'!, ;+! !&r.';r, i!3'rm"i'! r3rri!# "' "+ &r"i3i&"i'!, ppri!# " "+ %'""'m '3 BIR 'rm N'. 261,

+ll !'" % i#!* % %'"+ "+ mpl'r !* "+ mpl' i3 "+ l""r i !'" >$li3i* 3'r $%"i"$"*

3ili!#. I! ;+i&+ &, BIR 'rm N'. 261 3$r!i+* % "+ mpl'r "' "+ mpl' +ll % ""&+*"' "+ mpl'? I!&'m T R"$r! BIR 'rm N'. 1700 'r 1701 i! "+ & '3 mi* i!&'m

r!r "' % 3il* '! 'r %3'r April 15 '3 "+ 3'll';i!# r.

I! & '3 $&&i mpl'm!" *$ri!# "+ "%l r, ! "r &'p '3 BIR 'rm N'. 261 +ll

% 3$r!i+* % "+ mpl', *$l &r"i3i* % +i pri'$ mpl'r= !* % +im, "' +i !;mpl'r.

SECTION 2.86.2. A!!$l I!3'rm"i'! R"$r! '3 I!&'m T /i"++l* '! C'mp!"i'! !*

i!l /i"++'l*i!# T BIR 'rm N'. 10(-C. < Er mpl'r 'r '"+r pr'! r>$ir* "'**$&" !* ;i"++'l* "+ " i r>$ir* "' 3il ;i"+ "+ Lr# Tpr Ai"!& Diii'!

LTAD=Lr# Tpr Di"ri&" O33i& LTDO=RDO ;+r "+ p'r=mpl'r i r#i"r*

/i"++'l*i!# A#!" '! 'r %3'r J!$r 61 '3 "+ 3'll';i!# r ! A!!$l I!3'rm"i'! R"$r! '3I!&'m T /i"++l* '! C'mp!"i'! !* i!l /i"++'l*i!# T BIR 'rm N'. 10(-C, "' %

$%mi""* ;i"+ "+ lp+%"i&l li" '3 mpl'=p.

A T+ A!!$l I!3'rm"i'! R"$r! '3 I!&'m T /i"++l* '! C'mp!"i'! m$" +'; m'!#

7/23/2019 RR 2-98 (as Amended)


'"+r, "+ 3'll';i!#:

1 /i"++'l*i!# A#!"? r#i"r* !m, **r !* Tpr? I*!"i3i&"i'! N$m%r TIN

B T+ lp+%"i&l li" '3 mpl' m$" +'; "+ 3'll';i!#:

1 Nm !* TIN '3 mpl'2 Gr' &'mp!"i'! pi* % pr!" !* pri'$ mpl'r 3'r "+ &l!*r r

6 T%l 16"+ m'!"+ p='"+r %!3i" 3'r "+ r!@ !* 3il mpl'

% T%l 3ri!# %!3i" 3'r m!#ril mpl'( N'!-"%l 16"+ m'!"+ p='"+r %!3i" 4r!" mpl'r

5 N'!-"%l ""$"'r mi!im$m ;#

N'!-"%l +'li* p, 'r"im p, !i#+" +i3" *i33r!"il p !* +r* p mi!im$m;# r!r '!l

7 'r 2008, Am'$!" '3 Emp"i'! J!$r 1 "' J$l 5, 2008 !* Am'$!" '3 Emp"i'!

J$l "' D&m%r 61, 2008% 'r 2009 !* "+r3"r, Am'$!" '3 Emp"i'!

8 Am'$!" '3 prmi$m pm!" '! +l"+ !*='r +'pi"li"i'! i!$r!& !'" &*i!#

42,(00.00, i3 !

9 T r>$ir* "' % ;i"++l* &'mp$"* i! &&'r*!& ;i"+ S&. 2( A '3 "+ C'*10 T ;i"++l* % ll pr!" mpl'r 3'r "+ &l!*r r !*

11 A*$"m!", i3 !.

C T+ lp+%"i&l li" '3 mpl' +ll % prpr* i!*i&"i!#, m'!# '"+r, pr" li"i!#'3 "+ 3'll';i!#:

1 Empl' Spr"*=Trmi!"* %3'r D&m%r 61 '3 "+ "%l r i!*i&" *" '3

pr"i'!="rmi!"i'!2 Empl' ;+' &'mp!"i'! i!&'m r mp" 3r'm ;i"++'l*i!# " BUT $%&" "'

i!&'m "

6 Empl' ;+' "'"l &'mp!"i'! i!&'m r mp" 3r'm ;i"++'l*i!# " !* !'" $%&"

"' i!&'m " i!*i&" i3 F/E( Empl' '3 D&m%r 61 '3 "+ "%l r ;i"+ !' pri'$ mpl'm!" ;i"+i! "+

r

5 Empl' '3 D&m%r 61 '3 "+ "%l r ;i"+ pri'$ mpl'm!" ;i"+i! "+ r Empl' ;+' r&i* ri!# B!3i" $%&"* "' ri!# B!3i" T

7 Ali! mpl' $%&" "' ;i"++'l*i!# ".

Empl'r ;i"+ &!"rli* &&'$!"i!# "m, 'r "+' m!*"* "' &'!'li*" rmi""!& .#. lr#"pr, +ll prpr lp+li" '! r#i'!l %i 'r pr %r!&+ '33i&, *$ "' "+ i*!"i3i&"i'! '3

SF/ pr r#i'! ;+r "+ mpl' i i#!*, ;+i&+ +ll % $%mi""* "' "+ BIR ;+r "+ +*

'33i& i l'&"*.I! & ;+r !' i!3'rm"i'! ; pr'i** % pri'$ mpl'r, $&+ 3&" +ll % ""* i! BIR

'rm N'. 10(-C !* "+ pr!" mpl'r +ll !'" % li%l "' ! p!l"i.

SECTION 2.86.6. R>$irm!" 3'r Li" '3 4. < I! **i"i'! "' "+ m!$ll prpr*

lp+%"i&l li" '3 mpl' !* li" '3 p !* i!&'m pm!" $%&" "' &r*i"%l !* 3i!l;i"++'l*i!# " ;+i&+ r r>$ir* "' % ""&+* i!"#rl pr" '3 "+ A!!$l I!3'rm"i'! R"$r!

BIR 'rm N'. 10(C=10(E, F'!"+l Rmi""!& R"$r! BIR 'rm N'. 101C "&., "+

;i"++'l*i!# #!" m $%mi" '3" &'p i! 6.5-i!&+ 3l'pp *i@""=CD 'r mil:$%mii'!%ir.#'.p+, &'!"i!i!# "+ i* lp+li".

';r, "pr, ;+' !$m%r '3 mpl' 'r i!&'m p r "! 10 'r m'r, r

m!*"'ril r>$ir* "' $%mi" "+ i* li" i! 6.5-i!&+ 3l'pp *i@""=CD 'r mil:$%mii'!%ir.#'.p+ $i!# "+ i"i!# CSV *" 3il 3'rm", "'#"+r ;i"+ "+ m!$ll prpr*

lp+%"i&l li". I! 'r*r "' &'mpl ;i"+ "+i 3'rm", "+ ;i"++'l*i!# #!" +ll + "+ 'p"i'! "'

$ ! '3 "+ 3'll';i!#:

7/23/2019 RR 2-98 (as Amended)


1. E&l 3'rm" pr'i** $!*r R!$ R#$l"i'! N'. 7-2000, m!**, 3'll';i!# "+

"&+!i&l p&i3i&"i'! r>$ir* % "+ BIR

2. T+ir ';! "r&" pr'#rm "+" +ll m" "+ "&+!i&l p&i3i&"i'! r>$ir* % "+ BIR 'r

6. D" E!"r F'*$l $i!# Vi$l '4r' "+" ;ill % il%l $p'! r>$" 'r % *';!l'*i!#3r'm "+ BIR? ;% i" " +""p:==;;;.%ir.#'.p+ ;i"+ "+ &'rrp'!*i!# '% i*.

'r "+' ;+' ;'$l* &+'' i"+r 'p"i'! 1 'r 2, $&+ "pr +ll $ li*"i'! m'*$l

*l'p* % "+ BIR, ;+i&+ &! % *';!l'** 3r'm "+ BIR ;%i".I! ! &, "+ ;i"++'l*i!# #!" r r>$ir* "' "+ m "' &'!*r "'r# %&@ $p 3'r

pri'* '3 "+r 6 r 3r'm $%mii'! '3 "+ *i@"", 3'rm!"i'!*, 3'r 3$"$r r3r!&.

'r ;i"++'l*i!# #!" &li3i* lr# "pr !* &i "pr 3lli!# ;i"+i! "+ $ri*i&"i'!'3 "+ Lr# Tpr Sri& !*='r Lr# Tpr Di"ri&" O33i&, "+ A!!$l I!3'rm"i'! R"$r!

'3 I!&'m T /i"++l* '! C'mp!"i'! !* i!l /i"++'l*i!# T BIR 'rm N'. 10(-C

!* "+ A!!$l I!3'rm"i'! R"$r! '3 Cr*i"%l I!&'m T /i"++l* Ep!**= I!&'m4m!" Emp" 3r'm /i"++'l*i!# T BIR 'rm N'. 10(-E +ll % $%mi""* "' "+ Lr#

Tpr Ai"!& Diii'!, Lr# Tpr Di"ri&" O33i& 'r E&i Tpr Ai"!&

Diii'!, "+ & m %. 'r '"+r ;i"++'l*i!# #!", "+ 3'ri* !!$l r"$r! +ll %

$%mi""* "' "+ir rp&"i R!$ Di"ri&" O33i&. BIR 'rm N'. 10(-C +ll % $%mi""* '! 'r %3'r J!$r 61 '3 "+ $&&*i!# r ;+il BIR 'rm N'. 10(-E +ll % 3il* '! 'r %3'r Fr&+

1 '3 "+ 3'll';i!# r. O!l *i@""=CD=mil: $%mii'!%ir.#'.p+ r*%l !* ir$ 3r 3il

$p'! $%mii'! +ll % &'!i*r* *$l 3il* )Alp+%"i&l Li" '3 Empl'=4) % "+mpl'r. Vi'l"i'! +r'3, +ll % #r'$!* 3'r "+ m!*"'r $*i" '3 i'l"'r? i!&'m " li%ili"i

i!&l$*i!# ;i"++'l*i!# ". Di@""=CD m$" % $pl'** % "+ %'-m!"i'!* '33i& ;i"+i!

3i3"! 15 * 3r'm r&ip".T+ m!$ll prpr* +r* &'p 3'r %l'; 10 mpl'=p lp+%"i&l li" '3 mpl' +ll

% 3il* i! "ripli&" &'pi ";' &'pi 3'r "+ BIR "' % "mp* )r&i*) % "+ BIR-Lr#

Tpr Ai"!& Diii'!, Lr# Tpr Di"ri&" O33i& 'r "+ E&i Tpr Ai"!&

Diii'!, 'r "+ R!$ Di"ri&" O33i& ;+r "+ p'r=mpl'r i r#i"r* /i"++'l*i!# A#!".F!$ll 3il* lp+li" m$" % !&'** !* $pl'** % "+ %'m!"i'!* '33i& ;i"+i! "+ir"

60 * 3r'm r&ip".

SECTION 2.86.(. S$%"i"$"* ili!# '3 I!&'m T R"$r! % Empl' R&ii!# 4$rlC'mp!"i'! I!&'m. < I!*ii*$l "pr r&ii!# p$rl &'mp!"i'! i!&'m, r#r*l '3

m'$!", 3r'm '!l '! mpl'r i! "+ 4+ilippi! 3'r "+ &l!*r r, "+ i!&'m " '3 ;+i&+ +

%! ;i"++l* &'rr&"l % "+ i* mpl'r " *$ >$l " ;i"++l* +ll !'" % r>$ir* "' 3ilBIR 'rm N'. 1700. I! li$ '3 BIR 'rm N'. 1700, "+ A!!$l I!3'rm"i'! R"$r! '3 I!&'m T

/i"++l* '! C'mp!"i'! !* i!l /i"++'l*i!# T BIR 'rm N'. 10(-C +r* &'p 3il* %

"+ir rp&"i mpl'r, *$l "mp* )r&i*) % "+ BIR, +ll % "!"m'$!" "' "+ $%"i"$"*3ili!# '3 i!&'m " r"$r! % i* mpl'.

T+ 3'll';i!# i!*ii*$l, +';r, r !'" >$li3i* 3'r $%"i"$"* 3ili!# !* "+r3'r, "ill r>$ir*

"' 3il BIR 'rm N'. 1700 i! &&'r*!& ;i"+ i"i!# r#$l"i'!:

A I!*ii*$l *rii!# &'mp!"i'! 3r'm ";' 'r m'r mpl'r &'!&$rr!"l 'r $&&il "!"im *$ri!# "+ "%l r.

B Empl' *rii!# &'mp!"i'! i!&'m, r#r*l '3 "+ m'$!", ;+"+r 3r'm i!#l 'r

rl mpl'r *$ri!# "+ &l!*r r, "+ i!&'m " '3 ;+i&+ + !'" %! ;i"++l* &'rr&"li.. " *$ i !'" >$l "' "+ " ;i"++l* r$l"i!# "' &'ll&"i%l 'r r3$!*%l r"$r!.

C Fi!im$m ;# r!r i!&l$*i!# mpl' '3 "+ #'r!m!" '3 "+ 4+ilippi!, 'r !

p'li"i&l $%*iii'!, #!&i 'r i!"r$m!"li"i, ;i"+ Slr Gr* 1 "' 6 ;+' i!&'m ;r !'"$%&"* "' ;i"++'l*i!# " %$" $%&" "' i!&'m " 3r'm J!$r 1 "' J$l 5, 2008.

D I!*ii*$l *rii!# '"+r !'!-%$i!, !'!-pr'3i'!-rl"* i!&'m i! **i"i'! "'

&'mp!"i'! i!&'m !'" '"+r;i $%&" "' 3i!l ".

7/23/2019 RR 2-98 (as Amended)


E I!*ii*$l r&ii!# p$rl &'mp!"i'! i!&'m 3r'm i!#l mpl'r, l"+'$#+ "+ i!&'m

" '3 ;+i&+ + %! &'rr&"l ;i"++l*, %$" ;+' p'$ 3ll $!*r S&"i'! 2.86AA, B, C !*

D '3 "+ R#$l"i'!.

N'!-ri*!" li! !##* i! "r* 'r %$i! i! "+ 4+ilippi! *rii!# p$rl&'mp!"i'! i!&'m, 'r &'mp!"i'! i!&'m !* '"+r !'!-%$i!, !'!-pr'3i'!-rl"* i!&'m.

I! & '3 mrri* i!*ii*$l ;+' r "ill r>$ir* "' 3il r"$r! $!*r i"i!# pr'ii'! '3 "+ l;,

i.., i! "+' i!"!& !'" &'r* % "+ $%"i"$"* 3ili!# '3 r"$r!, '!l '! r"$r! 3'r "+ "%lr +ll % 3il* % i"+r p'$ "' &'r "+ i!&'m '3 "+ p'$, ;+i&+ r"$r! +ll % i#!* %

"+ +$%!* !* ;i3 $!l i" i p+i&ll imp'i%l "' *' ', i! ;+i&+ & i#!"$r '3 '! '3 "+

p'$ ;'$l* $33i&.Empl' !'" >$li3i* 3'r $%"i"$"* 3ili!# %$" r r>$ir* "' 3il "+ I!&'m T R"$r! +ll 3il

"+ m !'" l"r "+! April 15 '3 "+ r imm*i"l 3'll';i!# "+ "%l r. 4r'i**, "+"

mpl' ;i"+ pri'$=$&&i mpl'r= ;i"+i! "+ "%l r +ll 3$r!i+ "+ir !;mpl'r ;i"+ BIR 'rm N'. 261 i$* % "+ pri'$ mpl'r=.

SECTION 2.86.5. R#i"r"i'! /i"++'l*i!# A#!". < A! pr'! ;+' m@ pm!" 'r

p&" "' m@ pm!" '3 &'mp!"i'! i! "+ m'$!" &*i!# "+ ""$"'r mi!im$m ;#, "'

! i!#l mpl' +ll r#i"r % 3ili!# i! *$pli&", ;i"+ "+ R!$ Di"ri&" O33i& RDO '3 "+&i" 'r m$!i&ipli" ;+r +i l#l ri*!& 'r pl& '3 %$i! i l'&"*, ! Appli&"i'! 3'r

R#i"r"i'! ;i"++'l*i!# #!" $i!# "+ 3'rm pr&ri%* % "+ B$r$ !'" l"r "+! "! 10 *

3"r %&'mi!# ! mpl'r.SECTION 2.86.. Appli&%ili" '3 C'!"r$&"i R&ip" '3 C'mp!"i'!. < T+ ;i"++'l*i!# "

'! &'mp!"i'! +ll ppl "' &'mp!"i'! &"$ll 'r &'!"r$&"il pi*. C'mp!"i'! i

&'!"r$&"il pi* ;i"+i! "+ m!i!# '3 "+ R#$l"i'! ;+! i" i &r*i"* "' "+ &&'$!" '3 'r "pr" 3'r ! mpl' ' "+" i" m % *r;! $p'! % +im " ! "im l"+'$#+ !'" "+! &"$ll

r*$&* "' p'i'!. T' &'!"i"$" pm!" i! $&+ &, "+ &'mp!"i'! m$" % &r*i"* 'r "

pr" 3'r "+ mpl' ;i"+'$" ! $%"!"il limi""i'! 'r r"ri&"i'! "' "im 'r m!!r '3 pm!"

'r &'!*i"i'! $p'! ;+i&+ pm!" i "' % m*, !* m$" % m* il%l "' +im ' "+" i" m %*r;! $p'! " ! "im, !* i" pm!" %r'$#+" ;i"+ +i &'!"r'l !* *ip'i"i'!. A %''@ !"r, i3

m*, +'$l* i!*i&" ! %'l$" "r!3r 3r'm '! &&'$!" "' !'"+r. I3 "+ i!&'m i !'" &r*i"*,

%$" i" i " pr", $&+ i!&'m m$" % $!>$li3i*l $%&" "' "+ *m!* '3 "+ "pr. /+r &'rp'r"i'! &'!"i!#!"l &r*i" i" mpl' ;i"+ %'!$ "'&@, ;+i&+ i !'" il%l "' $&+

mpl' $!"il 'm 3$"$r *", "+ mr &r*i"i!# '! "+ %''@ '3 "+ &'rp'r"i'! *' !'"

&'!"i"$" pm!". LLi%SECTION 2.86.7. E"!i'! '3 Tim 3'r $r!i+i!# S""m!" "' Empl'. < A! "!i'! '3

"im, !'" &*i!# "+ir" 60 *, ;i"+i! ;+i&+ "' 3$r!i+ "+ Cr"i3i&" '3 I!&'m T /i"++l* '!

C'mp!"i'! 'rm N'. 261 r>$ir* % S&. 2.86 '3 "+ R#$l"i'! $p'! "rmi!"i'! '3mpl'm!" i +r% #r!"* "' ! mpl'r ;i"+ rp&" "' ! mpl' ;+' mpl'm!" i

"rmi!"* *$ri!# "+ &l!*r r. I! "+ & '3 i!"rmi""!" 'r i!"rr$p"* mpl'm!" ;+r "+r

i r'!%l p&""i'! '! "+ pr" '3 %'"+ mpl'r !* mpl' 'r 3$r"+r mpl'm!", "+r i

!' r>$irm!" "+" ! mpl'? ;i"++'l*i!# ""m!" % imm*i"l 3$r!i+* "+ mpl' %$";+! $&+ p&""i'! & "' i", "+ ""m!" m$" % 3$r!i+* ;i"+i! "+ir" 60 * 3r'm "+

*" '3 "rmi!"i'! '3 mpl'm!". T+ "!i'! m!"i'!* $!*r "+i S&"i'! r3r "' "!i'! '3

"im 3'r 3$r!i+i!# "+ Cr"i3i&" '3 I!&'m T /i"++l* '! C'mp!"i'! 'rm N'. 261 $p'!"rmi!"i'! '3 mpl'm!".

SECTION (.11(. /i"++'l*i!# '3 Vl$-A*** T. <

I! #!rl, l$-*** " *$ '! "+ l '3 #''* !* ri& r !'" $%&" "' ;i"++'l*i!# i!&"+ " i !'" *"rmi!%l " "+ "im '3 l. ';r, #r' pm!" "' !'!-ri*!" % %'"+

#'r!m!" !* pri" !"i"i 3'r ri& r!*r* i! "+ 4+ilippi! +ll % $%&" "' 3i!l

;i"++'l*i!# " " "+ r" '3 10 "' % 3il* !* pi* $i!# BIR 'rm N'. 100 < F'!"+l

7/23/2019 RR 2-98 (as Amended)


Rmi""!& R"$r! '3 Vl$-A*** T !* O"+r 4r&!"# T /i"++l*.

F'r'r, l '3 #''* !* ri& $%&" "' VAT "' "+ #'r!m!" +ll % $%&" "' ;i"++'l*i!#

p$r$!" "' S&. 11(C '3 "+ N"i'!l I!"r!l R!$ C'* '3 1997.

A R" !* %i '3 l$-*** " "' % ;i"++l*. < T+ #r' pm!" m* % "+#'r!m!" "' llr '3 #''* !* ri& +ll % $%&" "' ;i"++'l*i!# " " "+ r" +ri!

pr&ri%*:

1 I! #!rl, pm!" % "+ #'r!m!" 'r ! '3 i" p'li"i&l $%*iii'!, i!"r$m!"li"i 'r#!&i i!&l$*i!# #'r!m!"-';!* 'r &'!"r'll* &'rp'r"i'! GOCC '! &&'$!" '3 i" p$r&+

'3 #''* 3r'm llr !* ri& r!*r* % &'!"r&"'r=ri& pr'i*r ;+' r $%&" "' "+

l$-*** " <O! #r' lli!# pri& 3'r "+ p$r&+ '3 #''* &r*i"%l 6

O! #r' pm!" 3'r ri& r!*r* &r*i"%l

2 4m!" m* "' #'r!m!" p$%li& ;'r@ &'!"r&"'r &r*i"%l 8.56 4m!" 3'r ri& r!*r* i! "+ 4+il. % !'!-ri*!" <

'r l 'r $ '3 pr'pr" 'r pr'pr" ri#+"

';!* % !'!-ri*!" i! "+ 4+il. 3i!l 10

Sri& r!*r* "' l'&l i!$r!& &'mp!i,;i"+ rp&" "' ri!$r!& prmi$m p%l

"' !'!-ri*!" i!$r!& 'r ri!$r!&

&'mp!i 3i!l 10O"+r ri& r!*r* i! "+ 4+il.

% !'!-ri*!" 3i!l 10

B 4r'! r>$ir* "' **$&" !* ;i"++'l*. < All l'&l #'r!m!" $!i", rpr!"* % "+4r'i!&il Tr$rr i! "+ pr'i!&, "+ Ci" Tr$rr i! "+ &i"i, "+ F$!i&ipl Tr$rr i! "+

m$!i&ipli"i, !* Br!# Tr$rr i! "+ %r!#, Tr$rr '3 GOCC !* "+ C+i3

A&&'$!"!" 'r ! pr'! +'l*i!# imilr p'i"i'! !* pr3'rmi!# imilr 3$!&"i'! i! #'r!m!"

'33i& !* GOCC, ;i"++'l*i!# #!", +ll **$&" !* ;i"++'l* "+ l$-*** " %3'rm@i!# ! pm!" "' "+ llr '3 #''* !* ri&.

/+r "+ #'r!m!" +ri! *3i!* + r#i'!l '33i&, %r!&+ 'r $!i", "+ ;i"++'l*i!# !*

rmi""!& '3 "+ VAT ;i"++l* m % *'! '! *&!"rli* %i. A $&+ "+ "r$rr 'r "+ &+i3 &&'$!"!" 'r ! pr'! +'l*i!# imilr 3$!&"i'! i! i* r#i'!l '33i&, %r!&+ 'r $!i" +ll **$&"

!* ;i"++'l* "+ VAT %3'r m@i!# ! pm!" "' "+ llr '3 #''* !* ri&. D&!"rli*

rmi""!&, +';r, i !'" ppli&%l i3 "+ "pr-;i"++'l*i!# #!" i &li3i* lr# "pr % "+ C'mmii'!r '3 I!"r!l R!$.

4ri" !"i"i r li@;i &'!i*r* ;i"++'l*i!# #!" '! #r' pm!" m* "' !'!-

ri*!", ppli!# "+ 3i!l ;i"++'l*i!# " r" '3 "! 10 pr&!".C R"$r! !* pm!" '3 " ;i"++l*. < T+ ;i"++'l*i!# #!" +ll &&'mpli+ "+

F'!"+l Rmi""!& R"$r! '3 Vl$ A*** " !* O"+r 4r&!"# T /i"++l* BIR 'rm N'.

100 i! "ripli&" &'pi ;i"+ F'!"+l Alp+li" '3 4 FA4, "+ " % !* "+ m'$!"

;i"++l* pi* $p'! 3ili!# "+ r"$r! ;i"+ "+ $"+'ri* #!" %!@ $!*r "+ $ri*i&"i'! '3 "+R!$ Di"ri&" O33i& RDO=Lr# Tpr Di"ri&" O33i& LTDO ;+r "+ ;i"++'l*i!# #!"

i r>$ir* "' r#i"r !* 3il "+ r"$r!. I! pl& ;+r "+r i !' $"+'ri* #!" %!@, "+ r"$r!

+ll % 3il* *ir&"l ;i"+ "+ R!$ C'll&"i'! O33i&r 'r "+ *$l $"+'ri* F$!i&ipl=Ci""r$rr '3 "+ R!$ Di"ri&" O33i& ;+r "+ ;i"++'l*i!# #!" i r>$ir* "' r#i"r 'r 3il "+

r"$r!, &p" i! & ;+r "+ C'mmii'!r '"+r;i prmi".

D Cr"i3i&" '3 Vl$-A*** T /i"++l* A" S'$r&. < Er #'r!m!" #!", ;+"+r lr# 'r !'!-lr# "pr, +ll 3$r!i+ &+ llr '3 #''* !* ri& 3r'm ;+'m l$-***

" VAT + %! **$&"* !* ;i"++l*, "+ Cr"i3i&" '3 Cr*i"%l T /i"++l* " S'$r&

BIR 'rm N'. 2607 "' % &&'mpli+* i! >$*r$pli&", "+ 3ir" "+r &'pi '3 ;+i&+ +ll %

7/23/2019 RR 2-98 (as Amended)


#i! "' "+ llr=p !'" l"r "+! "+ 10"+ * '3 "+ 3'll';i!# m'!"+. T+ r$l ""* +ri! +ll

l' ppl "' pri" p'r=pr'! i! &'!"r'l '3 "+ pm!", ;+"+r lr# 'r !'! lr# "pr,

3'r: "+ l 'r $ '3 pr'pr"i 'r pr'pr" ri#+" ';!* % !'!-ri*!" % ri& r!*r* "'

l'&l i!$r!& &'mp!i, ;+"+r lr# 'r !'!-lr# "pr, ;i"+ rp&" "' ri!$r!& prmi$m p%l "' !'!-ri*!" i!$r!& 'r ri!$r!& &'mp!i !* & ri& r!*r* i! "+ 4+ilippi!

% !'!-ri*!" %$" "+ &r"i3i&" 'r ""m!" "' % i$* i! "+i & i "+ Cr"i3i&" '3 i!l T

/i"++l* " S'$r& BIR 'rm N'. 260 ;+i&+ +'$l* % i$* $p'! r>$" '3 "+ p. 4r'i**,+';r, "+" 3'r i!&'m i!"r"=*i&'$!"="r*i!# #i! r!* % 3i!!&il i!"i"$"i'! I '!

Tr$r Bill=B'!*, "+ B$r$ '3 Tr$r BTR m % ll';* "' i$ '! &'!'li*"*

Cr"i3i&" '3 Vl$-A*** T /i"++l* " S'$r& BIR 'rm N'. 2607 &'ri!# "+ "'"l i!&'m pm!" !* "+ &'rrp'!*i!# l$-*** " ;i"++l* *$ri!# "+ m'!"+. T+ Cr"i3i&" '3 Vl$-

A*** T /i"++l* " S'$r& BIR 'rm N'. 2607 +ll + i" ""&+m!" $mmr li"

r3l&"i!# "+ 3'll';i!#: 1 Nm '3 "+ 3i!!&il i!"i"$"i'! 2 TIN Tpr I*!"i3i&"i'! N$m%r 6 4ri'* &'r* ( Am'$!" '3 I!&'m i!"r"=*i&'$!"="r*i!# #i! r!* '! Tr$r

Bill=B'!* !* 5 VAT Rmi""* "' "+ &&'$!" '3 "+ B$r$ '3 I!"r!l R!$. S$&+ Cr"i3i&"

'3 Cr*i"%l T /i"++l* " S'$r& BIR 'rm N'. 2607 !* A""&+m!" +ll %r "+ i#!"$r '3

"+ Tr$rr '3 "+ 4+ilippi! 'r +i *$l $"+'ri* rpr!""i !* +ll % $%mi""* *ir&"l "'"+ B$r$ '3 I!"r!l R!$ BIR, A""!"i'!: ISOS DC *. 4r'i**, 3$r"+r, "+" "+ R!$

Di"ri&" O33i&r +i!# $ri*i&"i'! 'r "+ pri!&ipl pl& '3 %$i! '3 "+ B$r$ '3 Tr$r +ll

% rp'!i%l 3'r "+ i$!& '3 i!*ii*$l &r"i3i&"=&r"i3i&"i'! "' "+ 3i!!&il i!"i"$"i'!r3l&"i!# &"l '! pr I=p %i, "+ i!3'rm"i'!=*" i! "+ Cr"i3i&" '3 Cr*i"%l T

/i"++l* " S'$r& BIR 'rm N'. 2607 !* "+ A""&+m!" i$* % "+ BTR. Si* &r"i3i&"i'! i

r>$ir* "' % ""&+* "' "+ VAT r"$r! i! li$ '3 BIR 'rm N'. 2607 pr''3 '3 "+ &r*i"%l l$-*** " ;i"++l* &lim* **$&"i'! "+r'3.

E Li%ili" '3 *i#!"* '33i&r. <

1 A**i"i'! "' "+ ". < T+ *i#!"* Tr$rr, C+i3 A&&'$!"!" !* '"+r pr'!

+'l*i!# imilr p'i"i'!, ;+' + "+ *$" "' ;i"++'l* !* rmi" "+ l$ *** " i! "+irrp&"i '33i& +ll % pr'!ll li%l 3'r "+ **i"i'! "' "+ " pr&ri%* i! S&. 2(7 '3 "+

C'*.

2 4$!i+%l &" 'r 'mii'!. < Er '33i&r 'r mpl' '3 "+ #'r!m!" '3 "+ Rp$%li&"' "+ 4+ilippi! 'r ! '3 i" #!&i !* i!"r$m!"li"i, i" p'li"i&l $%*iii'!, ;ll

#'r!m!" ';!* 'r &'!"r'll* &'rp'r"i'! &+r#* ;i"+ "+ *$" "' **$&" !* ;i"++'l* !

i!"r!l r!$ " !* "' rmi" "+ m i! &&'r*!& ;i"+ "+ r#$l"i'! +ll, $p'! &'!i&"i'!3'r &+ &" 'r 'mii'! +ri!-%l'; p&i3i*, % 3i!* i! $m '3 !'" l "+! 3i "+'$!* p'

45,000.00 %$" !'" m'r "+! 3i3" "+'$!* p' 450,000.00 'r impri'!* 3'r "rm '3 !'" l

"+! i m'!"+ !* '! * %$" !'" m'r "+! ";' r, 'r %'"+. il 'r &$ "+ 3il$r "' **$&" !* ;i"++'l* ! i!"r!l r!$ " &'r* % "+

r#$l"i'!

% il 'r &$ "+ 3il$r "' rmi" "+ " **$&"* !* ;i"++l* ;i"+i! "+ "im pr&ri%*

"+ri!& il 'r &$ "+ 3il$r "' 3il "+ r"$r! 'r i$ &r"i3i&" r>$ir*.

SECTION 5.11. /i"++'l*i!# '3 4r&!"# T. <

B$r$, '33i& !* i!"r$m!"li"i '3 "+ #'r!m!", i!&l$*i!# #'r!m!"-';!* 'r &'!"r'll*&'rp'r"i'! ;ll "+ir $%i*iri, pr'i!&, &i"i !* m$!i&ipli"i m@i!# ! m'!

pm!" "' pri" i!*ii*$l, &'rp'r"i'!, pr"!r+ip !*='r '&i"i'! r r>$ir* "' **$&"

!* ;i"++'l* "+ pr&!"# " *$ 3r'm "+ p '! &&'$!" '3 $&+ m'! pm!".A I!"r!l r!$ " r>$ir* "' % ;i"++l*. < 4r&!"# " '! #r' m'! pm!",

"' "+ 3'll';i!# +ll % $%&"* "' ;i"++'l*i!# " "+ r" +ri! pr&ri%*:

1 4r'! mp" 3r'm l$-*** " VAT. < O! #r' pm!" "' pr'! ;+' r mp"

7/23/2019 RR 2-98 (as Amended)


$!*r S&. 109 '3 "+ C'* 3r'm pm!" '3 l$-*** " !* ;+' i !'" VAT r#i"r*

pr'! &p" pm!" "' &''pr"i < T+r pr&!" 6 C*pr

2 D'm"i& &rrir !* @pr '3 #r#. < O! #r' pm!" "' 'pr"'r '3 &r 3'r r!" 'r

+ir *ri! % "+ l, "r!p'r""i'! &'!"r&"'r, i!&l$*i!# "+' ;+' "r!p'r" p!#r 3'r +ir,!* '"+r *'m"i& &rrir % l!*, ir 'r ;"r, 3'r "r!p'r" '3 p!#r, &p" ';!r '3 %!&

!* ';!r '3 !iml-*r;! ";' ;+l* +i&l, !* @pr '3 #r# < T+r pr&!" 6

6 I!"r!"i'!l &rrir < O! #r' pm!" "' i!"r!"i'!l ir &rrir *'i!# %$i! i! "+ 4+ilippi! < T+r

pr&!" 6

% O! #r' pm!" "' i!"r!"i'!l +ippi!# &rrir *'i!# %$i! i! "+ 4+ilippi! < T+r pr&!" 6

( r!&+i <

O! #r' pm!" "' ll 3r!&+i '! r*i' !*='r "lii'! %r'*&"i!# &'mp!i ;+'!!$l #r' r&ip" '3 "+ pr&*i!# r *' !'" &* 410,000.00 < T+r pr&!" 6

% O! #r' pm!" "' 3r!&+i '! l&"ri&, # !* ;"r $"ili"i < T;' pr&!" 2

5 B!@ !* !'!-%!@ 3i!!&il i!"rm*iri <

O! i!"r", &'mmii'! !* *i&'$!" pi* 'r #i! "' %!@ !* !'!-%!@ 3i!!&ili!"rm*iri rii!# '$" '3 l!*i!# &"ii"i ;ll 3i!!&il li!#, '! "+ %i '3 "+ rmi!i!#

m"$ri"i '3 "+ i!"r$m!" <

S+'r"-"rm m"$ri" !'" &*i!# 2 r 5F*i$m-"rm m"$ri" 'r 2 r %$" !'" &*i!# ( r 6

L'!#-"rm m"$ri"

i 'r ( r %$" !'" &*i!# 7 r 1ii 'r 7 r 0

% O! *ii*!* 0

& O! r'l"i, r!"l '3 pr'pr", rl 'r pr'!l, pr'3i" 3r'm &+!# !* ll '"+r #r'

i!&'m < i pr&!" 5 i!!& &'mp!i <

O! i!"r", *i&'$!" !* '"+r i"m '3 #r' i!&'m pi* "' 3i!!& &'mp!i !* '"+r

3i!!&il i!"rm*iri !'" pr3'rmi!# >$i-%!@i!# 3$!&"i'! < i pr&!" 5% O! i!"r", &'mmii'! !* *i&'$!" pi* 3r'm "+ir l'! "r!&"i'! 3r'm 3i!!&

&'mp!i ;ll 3i!!&il li!# %* '! "+ rmi!i!# m"$ri"i '3 "+ i!"r$m!":

S+'r"-"rm m"$ri" !'" &*i!# 2 r 5F*i$m-"rm m"$ri" 'r 2 r %$" !'" &*i!# ( r 6

L'!#-"rm m"$ri"

i 'r ( r %$" !'" &*i!# 7 r 1ii 'r 7 r 0

7 Li3 i!$r!& prmi$m < O! "+ "'"l prmi$m pi* "' pr'! *'i!# li3 i!$r!&

%$i! '3 ! 'r" i! "+ 4+ilippi! < i pr&!" 5

';r "+ 3'll';i!# +ll !'" % i!&l$** i! "+ "%l r&ip" !* &'!>$!"l !'" $%&" "';i"++'l*i!# ":

4rmi$m r3$!** ;i"+i! i m'!"+ 3"r pm!" '! &&'$!" '3 r&"i'! '3 ri@ 'r

r"$r!* 3'r '"+r r'! "' "+ i!$r*% ri!$r!& prmi$m ;+r "+ " + pri'$l %! pi*

& prmi$m &'ll&"* 'r r&i* % ! %r!&+ '3 *'m"i& &'rp'r"i'!, 3irm 'r '&i"i'!

*'i!# %$i! '$"i* "+ 4+ilippi! '! &&'$!" '3 ! li3 i!$r!& '3 !'!-ri*!" i!$r*, i3 !" '! $&+ prmi$m i imp'* % 3'ri#! &'$!"r ;+r "+ %r!&+ i "%li+*

* prmi$m &'ll&"* 'r r&i* '! &&'$!" '3 ! ri!$r!&, i3 "+ i!$r*, i! & '3 pr'!l

i!$r!& ri* '$"i* "+ 4+ilippi!, i3 ! " '! $&+ prmi$m i imp'* % 3'ri#! &'$!"r

7/23/2019 RR 2-98 (as Amended)


;+r "+ 'ri#i!l i!$r!& + %! i$* 'r pr3&"* LLp+il

p'r"i'! '3 "+ prmi$m &'ll&"* 'r r&i* % "+ i!$r!& &'mp!i '! ri%l &'!"r&"

i! & '3 "+ m'$!" !&r "' i!$r "+ li '3 "+ ri%l &'!"r&" ;'r@r.

8 A#!" '3 3'ri#! i!$r!& &'mp!i < O! prmi$m pi* "' r 3ir, mri!, 'r mi&ll!'$ i!$r!& #!" l#ll $"+'ri*

$!*r "+ I!$r!& C'* "' pr'&$r p'li&i '3 i!$r!& '! ri@ l'&"* i! "+ 4+ilippi! 3'r

&'mp!i !'" $"+'ri* "' "r!&" %$i! i! "+ 4+ilippi! &p" '! ri!$r!& prmi$m < T! pr&!" 10

% O! prmi$m pm!" '%"i!* *ir&"l ;i"+ 3'ri#! &'mp!i ;+r "+ ';!r '3 "+

pr'pr" *' !'" m@ $ '3 "+ ri& '3 ! #!", &'mp! 'r &'rp'r"i'! ri*i!# 'r *'i!# %$i! i! "+ 4+ilippi!, i! ;+i&+ &, i" +ll % "+ *$" '3 i* ';!r "' rp'r" "' "+ I!$r!&

C'mmii'!r !* "' "+ BIR C'mmii'!r &+ & ;+r i!$r!& + %! ' 33&"* < i

pr&!" 59 Am$m!" < O! #r' pm!" "' "+ pr'pri"'r, l, 'r 'pr"'r '3 &'&@pi", &%r",

!i#+" 'r * &l$%, %'i!# +i%i"i'!, pr'3i'!l %@"%ll #m, i-li !* r&"r&@ " "+ r"

+ri! pr&ri%*:

&'&@pi" < Ei#+"! pr&!" 18% C%r", !i#+" !* * &l$% < Ei#+"! pr&!" 18

& B'i!# +i%i"i'! &p" "+' ;+ri! /'rl* 'r Ori!"l C+mpi'!+ip i! ! *iii'! i "

"@ !* " l" '! '3 "+ &'!"!*r i &i"i! '3 "+ 4+ilippi! !* pr'm'"* % &i"i!= '3 "+4+ilippi! 'r % &'rp'r"i'! 'r '&i"i'! " l" 0 '3 "+ &pi"l '3 ;+i&+ i ';!* % $&+

&i"i! < T! pr&!" 10

* 4r'3i'!l %@"%ll #m !ii'!* i! 4ri*!"il D&r N'. 871 < i3"! pr&!"15

Ji-li !* r&"r&@ irrp&"i '3 ;+"+r 'r !'" ! m'$!" i &+r#* 3'r *mii'! <

T+ir" pr&!" 60

10 Sl, %r"r 'r &+!# '3 +r '3 "'&@ li"* !* "r** "+r'$#+ "+ l'&l "'&@ &+!#. < O! "+ #r' lli!# pri& 'r #r' l$ i! m'! *ri* '! r l, %r"r 'r '"+r *ip'i"i'!

'3 +r '3 "'&@ li"* !* "r** "+r'$#+ "+ l'&l "'&@ &+!# '"+r "+! "+ l % *lr i!

&$ri"i < O!-+l3 '3 '! pr&!" 1=2 '3 111 S+r '3 "'&@ 'l* 'r &+!#* "+r'$#+ i!i"il p$%li& '33ri!#. < O! "+ #r' lli!# pri&

'r #r' l$ i! m'! *ri* '! r l, %r"r, &+!# 'r '"+r *ip'i"i'! "+r'$#+ i!i"il

p$%li& '33ri!# '3 +r '3 "'&@ i! &l'l +l* &'rp'r"i'! i! &&'r*!& ;i"+ "+ pr'p'r"i'! '3 $&++r "' "+ "'"l '$""!*i!# +r '3 "'&@ 3"r "+ li"i!# i! "+ l'&l "'&@ &+!# " "+ r"

+ri! pr&ri%*:

N'" 'r 25 (Or 25 %$" !'" &*i!# 66 1=6 2

Or 66 1=6 1

B R"$r! !* pm!" '3 " ;i"++l*. < N' m'! pm!" +ll % m* % !

#'r!m!" '33i& 'r #!& $!l "+ " *$ "+r'! +ll + %! **$&"* !* ;i"++l*.T **$&"* !* ;i"++l* +ll % &'r* % "+ F'!"+l Rmi""!& R"$r! '3 VAT !* O"+r

4r&!"# T /i"++l* BIR 'rm N'. 100 i! "ripli&" &'pi ;i"+ F'!"+l Alp+li" '3 4

FA4, "+" li@;i pr!" "+ " % !* " ;i"++l* "' % 3il* !* "+ " "' % pi* "' "+$"+'ri* #!" %!@ $!*r "+ $ri*i&"i'! '3 "+ Lr# Tpr Sri& i!&l$*i!# "+ Lr#

Tpr? Di"ri&" O33i&, i! & '3 lr# "pr, 'r "+ A$"+'ri* A#!" B!@ $!*r "+

$ri*i&"i'! '3 "+ R!$ Di"ri&" O33i& ;r "+ ;i"++'l*i!# #!" i l'&"*, 3'r !'!-lr#"pr. I! pl& ;+r "+r r !' $"+'ri* #!" %!@, "+ r"$r! +ll % 3il* *ir&"l ;i"+ "+

R!$ C'll&"i'! O33i&r 'r "+ *$l $"+'ri* Tr$rr '3 "+ Ci" 'r F$!i&ipli" ;+r "+

;i"++'l*i!# #!" i r>$ir* "' r#i"r &p" i! & ;+r "+ C'mmii'!r '"+r;i prmi".

7/23/2019 RR 2-98 (as Amended)


T+ r>$ir* r"$r! +ll % 3il* !* pm!" m* ;i"+i! "! 10 * 3'll';i!# "+ !* '3 "+

m'!"+ "+ ;i"++'l*i!# ; m* 'r "+ ;i"++'l*i!# " + &&r$*.

C Cr"i3i&" '3 pr&!"# " ;i"++l* " '$r&. < Er ;i"++'l*i!# #!" +ll 3$r!i+ &+

pr'pri"'r, 'pr"'r, &'mm'! &rrir, 3r!&+i +'l*r, %!@ !* !'!-%!@ 3i!!&il i!"rm*iri,3i!!& &'mp!, i!$r!& &'mp! 'r #!" 3r'm ;+'m " $!*r "+ r#$l"i'! +* %!

**$&"* !* ;i"++l* "+ Cr"i3i&" '3 Cr*i"%l T /i"++l* " S'$r& BIR 'rm 2607 "' %

&&'mpli+* i! "ripli&", ";' &'pi "' % #i! "' "+ p im$l"!'$l ;i"+ "+ m'! pm!" !'" l"r "+! "+ 3i3"+ 5"+ * '3 "+ 3'll';i!# m'!"+. T+ "+ir* &'p '3 "+ &r"i3i&" +ll

% "+ 3il &'p '3 "+ ;i"++'l*i!# #!".

D Li%ili" '3 *i#!"* '33i&r < 1 A**i"i'! "' "+ " < T+ *i#!"* Tr$rr, C+i3 A&&'$!"!" !* '"+r pr'!

+'l*i!# imilr p'i"i'!, ;+' + "+ *$" "' ;i"++'l* !* rmi" "+ l$ *** " i! "+ir

rp&"i '33i& +ll % pr'!ll li%l 3'r "+ **i"i'! "' "+ " pr&ri%* i! S&. 2(7 '3 "+C'*.

2 4$!i+%l &" 'r 'mii'! < Er '33i&r 'r mpl' '3 "+ #'r!m!" '3 "+ Rp$%li&

'3 "+ 4+ilippi! 'r ! '3 i" #!&i !* i!"r$m!"li"i, i" p'li"i&l $%*iii'!, ;ll

#'r!m!" ';!* 'r &'!"r'll* &'rp'r"i'! &+r#* ;i"+ "+ *$" "' **$&" !* ;i"++'l* !i!"r!l r!$ " !* "' rmi" "+ m i! &&'r*!& ;i"+ "+ r#$l"i'! +ll, $p'! &'!i&"i'!

3'r &+ &" 'r 'mii'! +ri!-%l'; p&i3i*, % 3i!* i! $m '3 !'" l "+! 3i "+'$!* p'

45,000.00 %$" !'" m'r "+! 3i3" "+'$!* p' 450,000.00 'r impri'!* 3'r "rm '3 !'" l"+! i m'!"+ !* '! * %$" !'" m'r "+! ";' r, 'r %'"+.

il 'r &$ "+ 3il$r "' **$&" !* ;i"++'l* ! i!"r!l r!$ " &'r* % "+

r#$l"i'!% il 'r &$ "+ 3il$r "' rmi" "+ " **$&"* !* ;i"++l* ;i"+i! "+ "im pr&ri%*

"+ri!

& il 'r &$ "+ 3il$r "' 3il "+ r"$r! 'r i$ &r"i3i&" r>$ir*.

SECTION 5.128. /i"++'l*i!# '3 4r&!"# T '! 4$r&+ '3 G''* !*='r 4m!" 3'rSri& A&>$ir* i! "+ C'$r '3 Tr* 'r B$i! !* R!*r* % 4r'! S$%&" "' "+ 6

4r&!"# T 4$r$!" "' S&"i'! 11 '3 "+ C'*. <

A 4r'! R>$ir* "' /i"++'l* "+ 4r&!"# T. < I! #!rl, ! pr'!, !"$rl 'r $ri*i&l, ;i"+ rp&" "' +i=i" p$r&+ '3 #''* 'r pm!" 3'r p$r&+ '3 ri& !'" rii!# 3r'm

'r i!&i*!" "' ! mpl'r-mpl' rl"i'!+ip %$" m* i! "+ &'$r '3 "r* 'r %$i! i!&l$*i!#

r&i '3 pr'3i'! 'r &lli!#, 3r'm N'!-VAT r#i"r* pr'! $%&" "' "+ 6 pr&!"# "$!*r S&"i'! 11 '3 "+ C'* Ki.., "+' ;+' #r' !!$l l, 3'r l '3 #''*, 'r #r' !!$l

r&ip", 3'r l '3 ri&, *' !'" &* 3i +$!*r* 3i3" "+'$!* p' 4550,000.00, !* ;+'

*' !'" 'p" "' % r#i"r* VAT "pr !*, "+r3'r, &+' "' % r#i"r* !'!-VAT pr'! p$r$!" "' S&"i'! 26I '3 "+ C'*, +ll % $%&" "' pr&!"# " ;i"++'l*i!# " '$r& " "+

r" '3 "+r pr&!" 6, %* '! "+ p? #r' l=r&ip", p$r$!" "' S&"i'! 11, i! rl"i'!

"' S&"i'! 128 !* 2(5#, i !* '3 "+ C'* i3 "+ "pr-p 'p" "' rmi" +i pr&!"# "

"+r'$#+ "+ ;i"++'l*i!# !* rmi""!& '3 "+ m % "+ ;i"++'l*i!# #!"-p'r ;+i&+ 'p"i'! im!i3"* % 3ili!# "+ )N'"i& '3 Ailm!" '3 "+ Op"i'! "' 4 "+ T "+r'$#+ "+ /i"++'l*i!#

4r'&) A!! E, &'p-3$r!i+* "+ ;i"++'l*i!# #!"-p'r !* "+ R!$ Di"ri&" O33i& '3

%'"+ "+ p'r !* p.T+ pr&!"# " ;i"++l* +ll % rmi""* % "+ ;i"++'l*i!# #!" $i!# BIR 'rm N'. 100

F'!"+l Rmi""!& R"$r! '3 Vl$-*** T !* O"+r 4r&!"# T /i"++l* "' "+

ppr'pri" &'ll&"i'! #!" KA&&r*i"* A#!" B!@ AAB 'r R!$ C'll&"i'! O33i&r RCO,;+i&+r i ppli&%l '3 "+ B$r$ '3 I!"r!l R!$ BIR. S$&+ r"$r! r "+

;i"++'l*i!# " r"$r! '3 "+ p'r-;i"++'l*i!# #!" !*, li@;i, r "+ $%"i"$"*

pr&!"# " r"$r! '3 "+ p i3 "+ i* i!&'m r&ipi!"-p + '!l '! p'r 3r'm ;+'m +

7/23/2019 RR 2-98 (as Amended)


#!r" +i i!&'m !* pr'i**, 3$r"+r, "+" )N'"i& '3 Ailm!" '3 "+ S$%"i"$"* ili!# '3

4r&!"# T R"$r!) A!! )A) i 3il* ;i"+ "+ R!$ Di"ri&" O33i& RDO ;+r "+

i!&'m-r&ipi!" i r#i"r* 'r r>$ir* "' r#i"r 'm RDO. S$&+ N'"i& '3 Ailm!" +ll

"" "+" "+ i!&'m r&ipi!" i !'!-VAT "pr, +i!# !'" 'p"* "' % &'r* % "+ VAT"m, ;i"+ &"$l !!$l #r' l 3'r l '3 #''* 'r #r' r&ip" 3'r l '3 ri&, 'r

p&"* !!$l #r' l=r&ip" 3'r !; "pr '3 !'" m'r "+! 4550,000 3r'm $" '! p'r

!* "+" + i 'p"i!# "' 3il $!*r "+ $%"i"$"* 3ili!# '3 pr&!"# " r"$r!. A &'p '3 "+ i* N'"i& +ll % 3$r!i+* "+ l'! p'r '3 "+ i!&'m. F'r'r, BIR 'rm N'. 260 Cr"i3i&" '3

i!l T /i"++l* " S'$r&-Fr&+ 2006 ri'!, *$l i#!* % %'"+ "+ p'r !* "+ p, +ll

% ""&+* "' "+ *$l 3il* BIR 'rm N'. 100 !* +ll &'!"i"$" "+ $"+'ri" #i! % "+ p "' "+ p'r "' 3il !* &'!i*r "+ p'r? *$l 3il* BIR 'rm 100 "+ $%"i"$"*

pr&!"# " r"$r! '3 "+ p. T+ *$l 3il* 'r "mp* )R&i*) BIR 'rm 260 +ll r

"+ m p$rp' "+ pr&!"# " r"$r! BIR 'rm 2551F '3 "+ p. A&&'r*i!#l, "pr ili!# '3 "+ S$%"i"$"* ili!# '3 4r&!"# T R"$r! +ll $p*" +i r#i"r"i'! *" ;i"+ +i

'm RDO.

O! "+ '"+r +!*, i3 "+ p + m'r "+! '! p'r, "+ pr&!"# " ;i"++l* !* rmi""* %

"+ p'r $!*r BIR 'rm N'. 100 +ll % "r"* &r*i"%l " % "+ p ;+! + 3il "+m'!"+l pr&!"# " r"$r! $!*r BIR 'rm N'. 2551F. T+ &lim* " &r*i" +ll % i*!&*

% BIR 'rm N'. 2607 Cr"i3i&" '3 Cr*i"%l T /i"++l* " S'$r&-Fr&+ 2006 ri'! *$l

&$"* !* i#!* % %'"+ "+ p'r !* "+ p """i!# "' "+ &'rr&"! '3 "+ 3i#$r r3l&"*"+ri!. Si!& "+ pr&!"# " + lr* %! ;i"++l* " '$r& %* '! #r' m'$!" !*

rmi""* % "+ p'r $!*r BIR 'rm N'. 100, "+ 4r&!"# T R"$r! BIR 'rm N'. 2551F

"' % 3il* % "+ p ;+i&+ ;ill !'" % r3l&"i!# ! m'$!" p%l, +ll $" r r"$r!&'!'li*"i!# ll "+ "r!&"i'! ;i"+ ll "+ p'r ;+i&+ + lr* %! $%&"* "' ;i"++'l*i!#

" !* ;+i&+ r"$r! BIR 'rm N'. 2551F +ll % 3il* *ir&"l ;i"+ "+ ppr'pri" BIR '33i&

;i"+'$" "+ !* '3 pi!# "+r'$#+ ! A&&r*i"* A#!" B!@ AAB 'r R!$ C'll&"i'! O33i&r

RCO. N'!"+l, i! & "+ "'"l m'$!" '3 " ;i"++l* % "+ p'r ;+' r !##* i! %$i! i i!&'rr&" 'r "+ p + "r!&"i'! ;i"+ p'r ;+' r !'" !##* i! %$i! !*

"+r3'r !'" '%li#* "' ;i"++'l*, "+ pr&!"# " r"$r! BIR 'rm N'. 2551F '3 "+ p ;+i&+

;ill % r3l&"i!# ! m'$!" p%l +ll % 3il* ;i"+ "+ AAB 'r "+ RCO, i! "+ %!& '3 !AAB, '3 "+ R!$ Di"ri&" O33i& "+" + $ri*i&"i'! 'r "+ "pr-p.

4r'i**, 3$r"+r "+", i3 " ! "im '3 "+ r, "+ &&$m$l"* #r' l 'r #r' r&ip" &*

4550,000, "+ i!&'m r&ipi!"-p +ll &+!# i"=+i r#i"r"i'! ;i"+ "+ BIR 3r'm N'!-VAT "'VAT ;i"+i! '! m'!"+ 3r'm "+ &l' '3 "+ m'!"+ ;+! "+ "+r+'l* m'$!" ; r&+*. S$&+

p +ll %&'m VAT-r#i"r* "pr "r"i!# "+ 3ir" * '3 "+ m'!"+ 3'll';i!# "+ m'!"+ '3

+i VAT r#i"r"i'!. A&&'r*i!#l, !'"i3i&"i'! "' "+ p'r '3 i!&'m +ll % m* ;i"+ rp&" "'$&+ &+!# i! )"pr &li3i&"i'!) '3 "+ p. C+!# i! "+ " "p !* r" '3 ;i"++'l*i!#

+ll &'rrp'!*i!#l % m* % "+ i!&'m p'r.

B R"$r! !* 4m!" '3 T /i"++l*. < E&p" i! & ;+r "+ C'mmii'!r

'"+r;i prmi", " **$&"* !* ;i"++l* p$r$!" "' "+i S&"i'! +ll % rmi""* $i!# "+F'!"+l Rmi""!& R"$r! '3 VAT !* O"+r 4r&!"# T /i"++l* BIR 'rm 100 i!

"ripli&" ;+i&+ r"$r! "' % 3il* !* "+ " "' % pi* "' "+ A$"+'ri* A#!" B!@ AAB $!*r

"+ $ri*i&"i'! '3 "+ Lr# Tpr? Sri& i!&l$*i!# Lr# Tpr? Di"ri&" O33i&, i! & '3lr# "pr, 'r "+ AAB $!*r "+ $ri*i&"i'! '3 "+ R!$ Di"ri&" O33i& RDO ;+r "+

;i"++'l*i!# #!" i l'&"*, i! & '3 !'!-lr# "pr. I! pl& ;+r "+r i !' AAB, "+ r"$r!

+ll % 3il* ;i"+ !* "+ " pi* *ir&"l "' "+ R!$ C'll&"i'! O33i&r RCO 'r "+ *$l$"+'ri* Tr$rr '3 "+ Ci" 'r F$!i&ipli" ;+r "+ ;i"++'l*i!# #!" i r>$ir* "' r#i"r.


m'!"+ "+ ;i"++'l*i!# ; m* 'r "+ ;i"++'l*i!# + &&r$*. I3 "+ ;i"++'l*i!# #!" i !r'll* i!

7/23/2019 RR 2-98 (as Amended)


El&"r'!i& ili!# !* 4m!" S"m E4S, "+ 3ili!# '3 r"$r! !* pm!" '3 ;i"++'l*i!# "

+ll % i! &&'r*!& ;i"+ "+ r$l !* r#$l"i'! #'r!i!# E4S.

C Cr"i3i&" '3 4r&!"# T /i"++l*. < T+ p'r-;i"++'l*i!# " #!" +ll i$ "' "+

p )Cr"i3i&" '3 i!l T /i"++l* " S'$r&) BIR 'rm N'. 260 3'r "+ 6 3i!l pr&!"#" ;i"++l*, "' % &&'mpli+* i! >$*r$pli&", ";' &'pi '3 ;+i&+ +ll % #i! "' "+ 4

;i"+i! "! 10 * 3'll';i!# "+ !* '3 "+ m'!"+ "+ ;i"++'l*i!# ; m*, '! &'p '3 "+

Cr"i3i&" +ll % "+ 3il &'p '3 "+ ;i"++'l*i!# #!" !* "+ l" &'p +ll % ""&+* "' "+ 3il*BIR 'rm N'. 100. T+ Cr"i3i&" BIR 'rm N'. 260 "' % i$* % "+ ;i"++'l*i!# #!" +ll

% i#!* % %'"+ "+ ;i"++'l*i!# #!" !* "+ p """i!# "' "+ &'rr&"! !* &&$r& '3 "+

i!3'rm"i'! &'!"i!* "+ri! !* li@;i ""i!# "+" i" r "+ $"+'ri" #i! % "+ p "'"+ p'r "' 3il !* &'!i*r "+ p'r? *$l 3il* BIR 'rm 100 "+ $%"i"$"* pr&!"# "

r"$r! '3 "+ p 3'r p ;i"+ '!l '! p'r. BIR 'rm N'. 2607 Cr"i3i&" '3 Cr*i"%l T

/i"++l* " S'$r& i "+ &r"i3i&" "+" +'$l* % i$* "' "+ p % "+ p'r i3 "+ p +rl '"+r p'r i#!i3i* % $&+ p. S$&+ Cr"i3i&" +ll % i$* i! >$*r$pli&", ";'

&'pi "' % i$* "' "+ p 3'r ""&+m!" "' "+ 4r&!"# T R"$r! BIR 'rm N'. 2551F "'

% 3il* % "+ p &'!'li*"i!# ll i"=+i "%l "r!&"i'! 3'r "+ m'!"+, '! &'p "' %

""&+* % "+ p'r "' "+ 3il* BIR 'rm N'. 100 !* '! &'p r "+ 3il &'p '3 "+ p'r.D S$%"i"$"* 4r&!"# T R"$r!. < I! "+ & '3 l '3 #''* 'r ri& % pr'!

$%&" "' 6 pr&!"# " $!*r S&"i'! 11 '3 "+ C'*, ;+' #r' l 'r r&ip" + lr*

%! $%&"* "' "+ ;i"++'l*i!# '3 "+ 6 pr&!"# " % "+ l'! p'r, "+ p +ll !' l'!#r % r>$ir* "' 3il "+ m'!"+l pr&!"# " r"$r! BIR 'rm N'. 2551F ;i"+ rp&" "' $&+

r&ip". T+ BIR 'rm N'. 100 *$l 3il* % "+ p'r r "+ $%"i"$"* r"$r! '3 "+ p

;i"+ l'! p'r pr'i** "+" "+ BIR 'rm N'. 260 *$l &$"* !* i#!* % %'"+ "+ p'r !*"+ p i ""&+* "' "+ 3il* BIR 'rm N'. 100.

E R#$lr 4r&!"# T R"$r!. < 4 ;i"+ rl p'r r "ill r>$ir* "' 3il "+

r#$lr pr&!"# " r"$r! r3l&"i!# "+ri! "+ &'!'li*"* "'"l '3 ll "+ "%l "r!&"i'! 3'r

"+ "%l pri'* !* ppli!# " &r*i" "+ " ;i"++l* % rl p'r i*!&* % "+ *$li$* BIR 'rm N'. 2607 ;+i&+ m$" % ""&+* "' "+ 4r&!"# T R"$r! BIR 'rm N'.

2551F. I3 ll "+ "r!&"i'! r3l&"*=&'!'li*"* i! "+ 4r&!"# T R"$r! BIR 'rm N'.

2551F r ;i"+ rl p'r ;+' r !##* i! %$i! !* "+r3'r + %! $%&"* "' "+6 ;i"++'l*i!# ", "+ 4r&!"# T R"$r! ;ill !' l'!#r r3l&" ! " p%l %$" ;ill $" %

impl &'!'li*"i'! '3 ll "+ "%l "r!&"i'! 3'r #i! "%l pri'* ;+i&+ m % 3il*

*ir&"l ;i"+ "+ ppr'pri" BIR '33i& !* "+$ !* !'" p "+r'$#+ ! AAB 'r &'ll&"i!# RCO. N'!"+l, i! & "+ "'"l m'$!" '3 " ;i"++l* % "+ p'r ;+' r !##* i! %$i! i

i!&'rr&" 'r "+ p + "r!&"i'! ;i"+ p'r ;+' r !'" !##* i! %$i! !* "+r3'r !'"

'%li#* "' ;i"++'l* "+ ", "+ pr&!"# " r"$r! BIR 'rm N'. 2551F '3 "+ p ;+i&+ ;ill % r3l&"i!# ! m'$!" p%l +ll % 3il* ;i"+ "+ AAB 'r "+ RCO, i! "+ %!& '3 ! AAB, '3

"+ R!$ Di"ri&" O33i& "+" + $ri*i&"i'! 'r "+ "pr-p.

S$%"i"$"* O33i&il R&ip". < 'r llr '3 ri& ;+' #r' r&ip" + %! $%&"*

"' "+ ;i"++'l*i!# '3 "+ 6 pr&!"# ", "+ +ll % mp"* 3r'm "+ '%li#"i'! '3 i$i!# *$lr#i"r* !'!-VAT r&ip" &'ri!# "+ir r&ip" '3 pm!" 3'r ri& 'l*. I! li$ "+r'3, "+

i$* )Cr"i3i&" '3 i!l T /i"++l* " S'$r&) BIR 'rm N'. 260, 3'r p ;i"+ $" '!

p'r, 'r )Cr"i3i&" '3 Cr*i"%l T /i"++l* " S'$r&) BIR 'rm N'. 2607, 3'r p ;i"+rl p'r, +ll % &'!"i"$"* !* "r"* "+ $%"i"$"* '33i&il r&ip", p$r$!" "' "+

pr'ii'! '3 S&"i'! 267 '3 "+ C'*, "+ pr"i!!" p'r"i'! '3 ;+i&+ pr'i*:

)SEC. 267. I$!& '3 R&ip" 'r Sl 'r C'mmr&il I!'i&. < . . . .)T+ C'mmii'!r m, i! mri"'ri'$ &, mp" ! pr'! $%&" "' ! i!"r!l r!$ "

3r'm &'mpli!& ;i"+ "+ pr'ii'! '3 "+i S&"i'!.)

G T+ Op"i'! "' Rmi" "+ T $!*r "+ /i"++'l*i!# T S"m !* "+ Op"i'! "' Ail '3 "+

7/23/2019 RR 2-98 (as Amended)


S$%"i"$"* ili!# '3 "+ 4r&!"# T R"$r!. < T+ 'p"i'! "' rmi" "+ 4r&!"# T $!*r "+

;i"++'l*i!# "m '!& &+'! rmi! "+ m!!r '3 rmi""i!# "+ " $!l i* 'p"i'! i

&!&ll* % "+ p A!! . F!;+il, "+ 'p"i'! "' 3il $!*r "+ S$%"i"$"* ili!# '3 "+

4r&!"# T R"$r! ll';* "' p ;i"+ $" '! p'r i! #i! "%l r +ll &'!"i!$ "'ppl "' $%>$!" "%l r $!"il $&+ "im "+" "+ "pr-p 3il "+ )N'"i& '3

C!&ll"i'! '3 Ailm!" '3 "+ S$%"i"$"* ili!# '3 R"$r!) A!! D !'" l"r "+! "+ 10"+ * '3

"+ m'!"+ 3'll';i!# "+ &l' '3 "pr? "%l r ;+i&+ +ll $"'m"i&ll rr" i* "pr"' "+ ""$ '3 "pr 3ili!# "+ r"$r! $!*r "+ r#$lr 3ili!# pr'&*$r. I3 ;i"+i! "+ "%l

r, ! **i"i'!l &li!" 'r &$"'mr &'m i!, "+ "pr-p +ll imm*i"l 3il "+ ?N'"i& '3

C!&ll"i'! '3 Ailm!" '3 "+ S$%"i"$"* ili!# '3 R"$r!?.SECTION 9.2(5. /i"++'l*i!# '3 VAT '! 4$r&+ '3 G''* !*='r '! 4m!" 3'r Sri&

A&>$ir* i! "+ C'$r '3 Tr* 'r B$i! !* R!*r* % 4r'! S$%&" "' VAT 4$r$!" "'

S&"i'! 10 !* 108 '3 "+ C'*. < A 4r'! R>$ir* "' /i"++'l* "+ Vl$-A*** T. < I! #!rl, ! pr'!, !"$rl 'r

$ri*i&l, ;i"+ rp&" "' +i=i" p$r&+ '3 #''* 'r pm!" 3'r p$r&+ '3 ri& !'" rii!# 3r'm

'r i!&i*!" "' ! mpl'r-mpl' rl"i'!+ip %$" m* i! "+ &'$r '3 "r* 'r %$i! i!&l$*i!#

r&i '3 pr'3i'! 'r &lli!#, 3r'm VAT r#i"r* pr'! $%&" "' l$-*** " $!*rS&"i'! 10 !* 108 '3 "+ C'*, +ll % $%&" "' VAT ;i"++'l*i!# " '$r& " "+ r" '3 "!

pr&!" 10, %* '! "+ p? #r' l=r&ip", p$r$!" "' S&"i'! 10 !* 108 i! rl"i'! "'

S&"i'! 2(5#, i !* '3 "+ C'*, pr'i** "+" "+ p + &$"* "+ )/ir '3 "+4riil# "' Clim I!p$" T Cr*i") A!! C !* 'p"* "' rmi" "+ VAT "+r'$#+ "+ ;i"++'l*i!#

!* rmi""!& '3 "+ m % "+ ;i"++'l*i!# #!"-p'r % li@;i &$"i!# "+ )N'"i& '3

Ailm!" '3 "+ Op"i'! "' 4 "+ T "+r'$#+ "+ /i"++'l*i!# 4r'&) A!! E, ;+i&+ ;ir !*!'"i& r &'p-3$r!i+* "+ p'r-;i"++'l*i!# #!" !* "+ RDO '3 %'"+ "+ p'r !* "+ p.

T+ VAT ;i"++l* +ll % rmi""* % "+ ;i"++'l*i!# #!" $i!# BIR 'rm 100 F'!"+l

Rmi""!& R"$r! '3 Vl$-*** T !* O"+r 4r&!"# T /i"++l* "' "+ ppr'pri"

&'ll&"i'! #!" KA&&r*i"* A#!" B!@ AAB 'r R!$ C'll&"i'! O33i&r RCO, ;+i&+r ippli&%l '3 "+ B$r$ '3 I!"r!l R!$ BIR. S$&+ r"$r! r "+ ;i"++'l*i!# " r"$r!

'3 "+ p'r-;i"++'l*i!# #!" !* " "+ m "im, li@;i, r "+ $%"i"$"* VAT r"$r! '3

"+ p i3 "+ i* i!&'m r&ipi!"-p + '!l '! p'r 3r'm ;+'m + #!r" +i i!&'m!* pr'i**, 3$r"+r, "+" )N'"i& '3 Ailm!" '3 "+ S$%"i"$"* ili!# '3 VAT R"$r!) A!!

)B) i 3il* ;i"+ "+ RDO ;+r "+ i!&'m-r&ipi!" i r#i"r* 'r r>$ir* "' r#i"r 'm

RDO. S$&+ N'"i& '3 Ailm!" +ll "" "+" "+ i!&'m r&ipi!" i VAT-r#i"r* "pr ;i"+#r' l 3'r l '3 #''* 'r #r' r&ip" 3'r l '3 ri& 3'r "+ ;+'l r &'mi!# 3r'm $"

'! p'r !* "+" + i 'p"i!# "' 3il $!*r "+ $%"i"$"* 3ili!# '3 VAT r"$r! +i!# ;i* "+

priil# "' &lim VAT i!p$" &r*i". C'p '3 "+ i* N'"i& m$" % 3$r!i+* "+ l'! p'r '3 "+i!&'m !* "+ RDO '3 %'"+ "+ p'r !* "+ p. Up'! r&ip" '3 "+ i* N'"i&, "+ p'r i

m!*"'ril r>$ir* "' ;i"++'l* "+ 10 VAT '! "+ i!&'m pm!" "' "+ p !* +ll rmi" "+

m "' "+ ppr'pri" &'ll&"i'! #!" AAB 'r RCO, ;+i&+r i ppli&%l '3 "+ BIR.

F'r'r, BIR 'rm N'. 260 Cr"i3i&" '3 i!l T /i"++l* " S'$r&-Fr&+ 2006 ri'! *$li#!* % %'"+ "+ p'r !* "+ p """i!# "' "+ &&$r& '3 "+ 3i#$r ""* "+ri! +ll %

""&+* "' BIR 'rm N'. 100 3il* ;i"+ "+ BIR !* +ll &'!"i"$" "+ $"+'ri" #i! % "+

p "' "+ p'r "' 3il !* &'!i*r "+ p'r? *$l 3il* BIR 'rm 100 "+ $%"i"$"* VATr"$r! '3 "+ p. T+ *$l 3il* !* "mp* )R&i*) BIR 'rm 260 +ll r "+ m

p$rp' "+ VAT r"$r! BIR 'rm 2550 '3 "+ p. F'r'r, "pr ili!# '3 "+

S$%"i"$"* ili!# '3 VAT R"$r! +ll $p*" +i r#i"r"i'! *" ;i"+ +i 'm RDO.O! "+ '"+r +!*, ! i3 "+ p + m'r "+! '! p'r %$" + &$"* "+ )/ir '3 "+

4riil# "' Clim VAT I!p$" T Cr*i") A!! C, !* "+ )N'"i& '3 Ailm!" '3 "+ Op"i'! "'

4 "+ T "+r'$#+ "+ /i"++'l*i!# 4r'&) A!! E, &'p-3$r!i+* "+ p'r, "+ RDO '3 %'"+

7/23/2019 RR 2-98 (as Amended)


"+ p'r !* "+ p, i* p'r r m!*"'ril r>$ir* "' ;i"++'l* "+ 10 VAT ;+i&+ l$-

*** " +ll % ;i"++l* !* rmi""* % "+ p'r $i!# BIR 'rm N'. 100. U!*r "+i i!"!&,

"+ VAT ;i"++l* +ll % "r"* &r*i"%l " % "+ p ;+! + 3il "+ >$r"rl l$-***

" r"$r! $!*r BIR 'rm N'. 2550. T+ &lim* " &r*i" +ll % i*!&* % BIR 'rm N'.2607 Cr"i3i&" '3 Cr*i"%l T /i"++l* " S'$r&-Fr&+ 2006 ri'! *$l &$"* !* i#!*

% %'"+ "+ p'r !* "+ p """i!# "' "+ &'rr&"! '3 "+ 3i#$r r3l&"* "+ri!. Si!& "+

l$-*** " + lr* %! ;i"++l* " '$r& %* '! #r' m'$!" i! p$r$!& '3 "+ ;ir'3 "+ ri#+" "' &lim i!p$" VAT A!! C &$"* % "+ p !* rmi""* % "+ p'r $!*r BIR

'rm N'. 100, "+ Vl$-*** T R"$r! BIR 'rm N'. 2550 "' % 3il* % "+ p ;+i&+

;ill !'" % r3l&"i!# ! m'$!" p%l +ll $" r r"$r! &'!'li*"i!# ll "+ "r!&"i'!;i"+ ll "+ p'r ;+i&+ + lr* %! $%&"* "' ;i"++'l*i!# " !* ;+i&+ r"$r! +ll %

3il* *ir&"l ;i"+ "+ ppr'pri" BIR '33i& ;i"+'$" "+ !* '3 pi!# "+r'$#+ ! A&&r*i"* A#!"

B!@ AAB 'r R!$ C'll&"i'! O33i&r RCO. C'!i*ri!# "+" $!*r ! i!"!& ;+r ll "+ p'r ;+' r !##* i! %$i! + lr* ;i"++l* !* rmi""* "+ 10 VAT ;i"++'l*i!#

#!" '3 "+ p "+ l""r ;ill !' l'!#r % rmi""i!# ! i!#l m'$!" '3 ", "+ r>$irm!" '3

3ili!# "+ m'!"+l VAT D&lr"i'! BIR 'rm N'. 2550F % "+ p +ll % *ip!* ;i"+.

N'!"+l, i! & "+ "'"l m'$!" '3 " ;i"++l* % "+ p'r ;+' r !##* i! %$i! ii!&'rr&" 'r "+ p + "r!&"i'! ;i"+ p'r ;+' r !'" !##* i! %$i! !* "+r3'r !'"

'%li#* "' ;i"++'l* "+ ", "+ m'!"+l VAT D&lr"i'! BIR 'rm N'. 2550F !* "+ >$r"rl

VAT R"$r! BIR 'rm N'. 2550 '3 "+ p ;+i&+ ;ill % r3l&"i!# ! m'$!" p%l +ll "ill % 3il* ;i"+ "+ AAB 'r "+ RCO, i! "+ %!& '3 ! AAB, '3 "+ R!$ Di"ri&" O33i& "+" +

$ri*i&"i'! 'r "+ "pr-p.

B R"$r! !* 4m!" '3 T /i"++l*. < E&p" i! & ;+r "+ C'mmii'!r'"+r;i prmi", " **$&"* !* ;i"++l* p$r$!" "' "+i S&"i'! +ll % rmi""* $i!# "+

F'!"+l Rmi""!& R"$r! '3 VAT !* O"+r 4r&!"# T /i"++l* BIR 'rm 100 i!

"ripli&" ;+i&+ r"$r! "' % 3il* !* "+ " "' % pi* "' A$"+'ri* A#!" B!@ AAB $!*r "+

$ri*i&"i'! '3 "+ Lr# Tpr? Sri& i!&l$*i!# Lr# Tpr? Di"ri&" O33i&, i! & '3 lr#"pr, 'r "+ AAB $!*r "+ $ri*i&"i'! '3 "+ R!$ Di"ri&" O33i& RDO ;+r "+

;i"++'l*i!# #!" i l'&"*, i! & '3 !'!-lr# "pr. I! pl& ;+r "+r i !' AAB, "+ r"$r!

+ll % 3il* ;i"+ !* "+ " pi* *ir&"l "' "+ R!$ C'll&"i'! O33i&r RCO 'r "+ *$l$"+'ri* Tr$rr '3 "+ Ci" 'r F$!i&ipli" ;+r "+ ;i"++'l*i!# #!" i r>$ir* "' r#i"r.


m'!"+ "+ ;i"++'l*i!# ; m* 'r "+ ;i"++'l*i!# + &&r$*. I3 "+ ;i"++'l*i!# #!" i !r'll* i!El&"r'!i& ili!# !* 4m!" S"m E4S, "+ 3ili!# '3 r"$r! !* pm!" '3 ;i"++'l*i!# "

+ll % i! &&'r*!& ;i"+ "+ r$l !* r#$l"i'! #'r!i!# E4S.

C Cr"i3i&" '3 VAT /i"++l*. < T+ p'r-;i"++'l*i!# #!" +ll i$ "' "+ p )Cr"i3i&" '3 i!l T /i"++l* " S'$r&) BIR 'rm N'. 260 3'r "+ 10 3i!l VAT ;i"++l*, 3'r

p ;i"+ $" '! p'r, 'r "+ )Cr"i3i&" '3 Cr*i"%l T /i"++l* " S'$r&) BIR 'rm N'.

2607, 3'r p ;i"+ rl p'r, "' % &&'mpli+* i! >$*r$pli&", ";' &'pi '3 ;+i&+ +ll %

#i! "' "+ 4 ;i"+i! "! 10 * 3'll';i!# "+ !* '3 "+ m'!"+ "+ ;i"++'l*i!# ; m*, '!&'p +ll % ""&+* "' BIR 'rm N'. 100 *$l 3il* % "+ p'r !* "+ 3'$r"+ &'p '3 "+

Cr"i3i&" +ll % "+ 3il &'p '3 "+ ;i"++'l*i!# #!". T+ Cr"i3i&" BIR 'rm N'. 260 "' %

i$* % "+ ;i"++'l*i!# #!" +ll % i#!* % %'"+ "+ ;i"++'l*i!# #!" !* "+ p """i!#"' "+ &'rr&"! !* &&$r& '3 "+ i!3'rm"i'! &'!"i!* "+ri! !* li@;i ""i!# "+" i" r

"+ $"+'ri" #i! % "+ p "' "+ p'r "' 3il !* &'!i*r "+ p'r? *$l 3il* BIR 'rm

100 "+ $%"i"$"* VAT r"$r! '3 "+ p 3'r p ;i"+ '!l '! p'r. BIR 'rm N'. 2607Cr"i3i&" '3 Cr*i"%l T /i"++l* " S'$r& i "+ &r"i3i&" "+" +'$l* % i$* "' "+ p

% "+ p'r i3 p + rl '"+r p'r i#!i3i* % $&+ p. S$&+ Cr"i3i&" +ll %

i#!* % %'"+ "+ ;i"++'l*i!# #!" !* "+ p """i!# "' "+ &'rr&"! !* &&$r& '3 "+

7/23/2019 RR 2-98 (as Amended)


i!3'rm"i'! &'!"i!* "+ri! !* +ll % i$* i! >$*r$pli&", ";' &'pi "' % #i! "' "+ p

3'r ""&+m!" "' "+ Vl$-*** T R"$r! BIR 'rm N'. 2550 "' % 3il* % "+ p

&'!'li*"i!# ll i"=+i "%l "r!&"i'! 3'r "+ >$r"r, '! &'p "' % ""&+* "' "+ 3il* BIR

'rm N'. 100 '3 "+ p'r !* '! &'p r "+ p'r? 3il &'p.D S$%"i"$"* VAT R"$r!. < I! "+ & '3 l '3 #''* 'r ri& % pr'! $%&" "' 10

VAT $!*r S&"i'! 10 !* 108 '3 "+ C'*, ;+' #r' l 'r r&ip" + lr* %!

$%&"* "' "+ 10 3i!l VAT % "+ l'! p'r, "+ p +ll !' l'!#r % r>$ir* "' 3il "+m'!"+l VAT *&lr"i'! BIR 'rm N'. 2550 F !* >$r"rl VAT r"$r! BIR 'rm N'. 2550

;i"+ rp&" "' $&+ r&ip". T+ BIR 'rm N'. 100 *$l 3il* % "+ p'r r "+ $%"i"$"*

r"$r! '3 "+ p ;i"+ l'! p'r pr'i** "+" "+ BIR 'rm N'. 260 *$l &$"* !* i#!* % %'"+ "+ p'r !* "+ p i ""&+* "' "+ 3il* BIR 'rm N'. 100.

E R#$lr Vl$-*** T R"$r!. < 4 ;i"+ rl p'r r "ill r>$ir* "' 3il "+

r#$lr l$-*** " r"$r! r3l&"i!# "+ri! "+ &'!'li*"* "'"l '3 ll "+ "%l "r!&"i'! 3'r "+ "%l pri'* !* ppli!# " &r*i" "+ " ;i"++l* % rl p'r i*!&* % "+ *$l

i$* BIR 'rm N'. 2607 ;+i&+ m$" % ""&+* "' "+ Vl$-*** T R"$r! BIR 'rm N'.

2550. I3 ll "+ "r!&"i'! r ;i"+ rl p'r ;+' r !##* i! %$i! !* "+r3'r +

%! $%&"* "' "+ 10 ;i"++'l*i!# ", "+ Vl$-*** T R"$r! ;ill !' l'!#r r3l&" ! " p%l %$" ;ill $" % impl &'!'li*"i'! '3 ll "+ "%l "r!&"i'! 3'r #i! "%l pri'*

;+i&+ m % 3il* *ir&"l ;i"+ "+ ppr'pri" BIR '33i& !* "+$ !* !'" p "+r'$#+ ! AAB 'r

&'ll&"i!# RCO.I! & '3 p ;+' ll "r!&"i'! r ;i"+ p'r ;+' r !##* i! %$i! !* ;+' +

$%&"* "+ "r!&"i'! "' "+ ;i"++'l*i!# '3 "+ 10 VAT, "+ p i !' l'!#r r>$ir* "' 3il "+

m'!"+l VAT D&lr"i'! BIR 'rm N'. 2550F. N'!"+l, i! & "+ "'"l m'$!" '3 " ;i"++l* % "+ p'r ;+' r !##* i! %$i! i

i!&'rr&" 'r "+ p + "r!&"i'! ;i"+ p'r ;+' r !'" !##* i! %$i! !* "+r3'r !'"

'%li#* "' ;i"++'l* "+ ", "+ F'!"+l Vl$-*** T D&lr"i'! BIR 'rm N'. 2550F !* "+

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7/23/2019 RR 2-98 (as Amended)


3ili!# '3 R"$r!?.

RE4EALING CLAUSE. < All i"i!# r$l !* r#$l"i'! 'r pr" "+r'3 ;+i&+ r i!&'!i"!"

;i"+ "+ pr'ii'! '3 "+ r#$l"i'! r +r% r'@*.

EECTIVITM. < T+ r#$l"i'! +ll "@ 33&" '! &'mp!"i'! i!&'m pi* %#i!!i!# J!$r1, 1998. N' p!l"i +ll ppl $!"il F 15, 1998 3'r !'!-&'mpli!& ;i"+ "+ !; 3"$r '3 "+

C'* implm!"* i! "+ r#$l"i'!. &*i

SGD. FIL/IDA F. GUEVARAA&"i!# S&r"r '3 i!!&

R&'mm!*i!# Appr'l:

SGD. LI/AM/AM VINONS-CATOC'mmii'!r '3 I!"r!l R!$

rr 2-98 (as amended)

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