BIR RR No. 18 - South Central Mindanao

𝗣𝗥𝗘𝗦𝗦 𝗥𝗘𝗟𝗘𝗔𝗦𝗘
𝗕𝗜𝗥 𝗡𝗢𝗪 𝗖𝗢𝗟𝗟𝗘𝗖𝗧𝗦 𝗥𝗢𝗬𝗔𝗟𝗧𝗬 𝗙𝗥𝗢𝗠 𝗟𝗔𝗥𝗚𝗘-𝗦𝗖𝗔𝗟𝗘 𝗠𝗘𝗧𝗔𝗟𝗟𝗜𝗖 𝗠𝗜𝗡𝗜𝗡𝗚 𝗢𝗣𝗘𝗥𝗔𝗧𝗜𝗢𝗡𝗦, 𝗜𝗦𝗦𝗨𝗘𝗦 𝗡𝗘𝗪 𝗚𝗨𝗜𝗗𝗘𝗟𝗜𝗡𝗘𝗦

The Bureau of Internal Revenue (BIR) has started collecting Quarterly Royalty from large-scale metallic mining contractors and operators under Republic Act No. 12253, otherwise known as the “Enhanced Fiscal Regime for Large-Scale Metallic Mining Act.”

“Mining companies benefit from the use of the country’s mineral resources. It is only right that the government collects what is due under the law. These royalties help ensure that the gains from mining also support public services and national development,” Commissioner Charlito Martin R. Mendoza said.

To guide compliance with this new obligation, the BIR issued Revenue Memorandum Circular (RMC) No. 58-2026, prescribing the procedures for the filing and payment of Quarterly Royalty while the dedicated return and corresponding electronic filing and payment facilities are still being finalized. Affected mining contractors and operators are required to file and pay the corresponding Quarterly Royalty within sixty (60) days after the close of each calendar or fiscal quarter. To ensure proper monitoring and compliance, the Circular likewise requires separate filing and payment for each Mineral Agreement, Financial or Technical Assistance Agreement (FTAA), and operating agreement, consistent with the ring-fencing provisions of the law.

The BIR reminds all affected large-scale metallic mining contractors and operators to comply with the prescribed filing and payment procedures and observe the applicable deadlines for the Quarterly Royalty.

Read the full text of the RMC here:https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2058-2026.pdf

KaBIRkada, don't miss this!

Tax Deadline!

May 30, 2026 Saturday

SUBMISSION
Proof of eFiled BIR Form 1702–RT/1702-EX/1702-MX with Audited Financial Statements (AFS), 1709 (if applicable), and Other Attachments through Electronic Audited Financial Statements (eAFS)– Fiscal Year ending January 31, 2026
Soft copies of Inventory List and Schedules stored and saved in DVD-R/USB properly labeled together with Notarized Sworn Declaration – Fiscal Year ending April 30, 2026
e-SUBMISSION
Quarterly Summary List of Sales/Purchases/Importations by a VAT Registered Taxpayers. eFPS Filers – Fiscal Quarter ending April 30, 2026

e-FILING & PAYMENT (Online/Manual)
BIR Form 1702Q (Quarterly Income Tax Return For Corporations, Partnerships and Other Non-Individual Taxpayers) and Summary Alphalist of Withholding Taxes (SAWT) – For the Quarter ending March 31, 2026

ONLINE REGISTRATION (thru ORUS)
Computerized Books of Accounts and Other Accounting Records – Fiscal Year ending April 30, 2026

Join us this June 4, 2026 at 8:00 AM, live via Zoom and Facebook Live for a FREE webinar to learn about the Business Registration for Micro and Small Taxpayers.

Scan the QR Code or click this link to pre-register:
https://tinyurl.com/emzsjdbc

During the Taxpayer Portal Launch for the Large Taxpayers Service on May 26, 2026, Commissioner Charlito Martin R. Mendoza emphasized the Bureau’s “improve-as-we-go” approach in moving reforms forward under BIR DARES.

Learn more about the Taxpayer Portal through this video: https://www.facebook.com/share/v/1Edk1bX1Xc/?mibextid=wwXIfr