369947-2024-Publishing The Full Text of The Joint20240116-13-V7wanj

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January 10, 2024

REVENUE MEMORANDUM CIRCULAR NO. 6-2024

SUBJECT : Publishing the Full Text of the Joint Administrative Order


(JAO) No. 001-2023 Guidelines to Implement Sections
305, 306, 307, and 308 of the National Internal Revenue
Code of 1997, as Amended by the Republic Act No.
11534, Otherwise Known as the CREATE Act for
Cooperatives; and Full Text of FIRB-Advisory No. 017-
2023 Regarding the Availability of the Updated
Templates for the Annual Tax Incentives Report and
Annual Benefits Report of Cooperatives (FIRB Form No.
3003AS v2.1 dated 6 October 2023)

TO : All Revenue Officials, Employees and Others Concerned

For the information and guidance of all concerned, attached are the full
texts of the following:
1) Joint Administrative Order No. 001-2023 of the Department
of Finance and Department of Trade and Industry re: Guidelines
to implement Sections 305, 306, 307, and 308 of the National
Internal Revenue Code, as amended by the Republic Act No.
11534, otherwise known as the Corporate Recovery and Tax
Incentives for Enterprises (CREATE) Act for Cooperatives; and
2) Fiscal Incentives Review Board (FIRB)-Advisory No. 017-
2023 re: Availability of the updated templates for the Annual Tax
Incentives Report and Annual Benefits Report of Cooperatives
(FIRB Form No. 3003AS v2.1 dated 6 October 2023) relative to
Section 2 of the said JAO.
All concerned are hereby enjoined to be guided accordingly and give
this Circular a wide publicity as possible. HTcADC

(SGD.) ROMEO D. LUMAGUI, JR.


Commissioner of Internal Revenue
ATTACHMENT
DOF-DTI Joint Administrative Order No. 001-2023
March 9, 2023

FIRB Advisory No. 017-2023


October 6, 2023

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