BIR warns of fake documentary stamps
THE Bureau of Internal Revenue (BIR) said taxpayers need to purchase documentary stamps from authorized revenue officers, noting that fake stamps are proliferating.
“Loose documentary stamps shall only be purchased from and sold by the authorized specialized revenue collecting officers (SRCO)/revenue collection officers (RCO) assigned at the national office and revenue district office of this bureau,” the BIR said in a Revenue Memorandum Circular.
The BIR said it has received reports of fake eDST system-printed and loose documentary stamps being affixed to taxable documents. Stamps were also being sold online or in physical stores, sometimes for more than the prescribed amount.
Loose documentary stamps are attached to official documents or certificates issued by government agencies as proof of payment of the documentary stamp tax. — Beatriz Marie D. Cruz