17/07/2026
🆕 Clearer Guidance on ONETT Transactions — BIR Issues FAQs
The BIR has issued RMC No. 75-2026, consolidating FAQs to clarify the application, processing, and issuance of the ONETT Computation Sheet (OCS) and Electronic Certificate Authorizing Registration (eCAR) .
What this means for you:
✅ Clearer rules for property transfers, share transactions, donations, and estates
✅ Faster processing of OCS and eCAR applications
✅ Uniform implementation of existing policies
✅ Reduced confusion on tax types, deadlines, and documentary requirements
Covered transactions:
📌 Sale of real property (capital or ordinary asset)
📌 Sale/transfer of stocks not traded in the stock exchange
📌 Donation of property
📌 Estate transfers
📎 Read the full text and FAQs here: https://tinyurl.com/RMC75-2026
📩 Need help navigating ONETT transactions or securing your eCAR? PACE Consultancy can assist you every step of the way.
𝗕𝗜𝗥 𝗜𝗦𝗦𝗨𝗘𝗦 𝗙𝗔𝗤𝘀 𝗢𝗡 𝗧𝗛𝗘 𝗔𝗣𝗣𝗟𝗜𝗖𝗔𝗧𝗜𝗢𝗡 𝗙𝗢𝗥 𝗢𝗡𝗘𝗧𝗧 𝗖𝗢𝗠𝗣𝗨𝗧𝗔𝗧𝗜𝗢𝗡 𝗦𝗛𝗘𝗘𝗧 (𝗢𝗖𝗦) 𝗔𝗡𝗗 𝗘𝗟𝗘𝗖𝗧𝗥𝗢𝗡𝗜𝗖 𝗖𝗘𝗥𝗧𝗜𝗙𝗜𝗖𝗔𝗧𝗘 𝗔𝗨𝗧𝗛𝗢𝗥𝗜𝗭𝗜𝗡𝗚 𝗥𝗘𝗚𝗜𝗦𝗧𝗥𝗔𝗧𝗜𝗢𝗡 (𝗲𝗖𝗔𝗥)
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 75-2026, providing Frequently Asked Questions (FAQs) to guide taxpayers and other stakeholders on the application, processing, and issuance of the One-Time Transaction (ONETT) Computation Sheet (OCS) and the Electronic Certificate Authorizing Registration (eCAR) for property transactions.
The Circular consolidates key policies and procedures covering ONETT transactions, including the applicable type of tax/es, filing and payment procedures, documentary requirements, processing offices, prescribed processing timelines, and other common concerns involving the transfer of real properties, shares of stock, donations, and estates. It also clarifies the requirements for the issuance, replacement, and validity of eCARs, as well as the application of relevant tax rules in various transaction scenarios.
The issuance aims to provide taxpayers with clearer guidance on ONETT transactions, promote uniform implementation of existing policies, and facilitate faster and more efficient processing of applications for OCS and eCAR.
For the full text of RMC No. 75-2026, visit the BIR website or access the Circular through this link: https://tinyurl.com/RMC75-2026