BIR MEMORANDUM CIRCULAR NO. 19-2022
SUBJECT TO PROVIDING CLARIFICATION AND GUIDANCE ON SECTION 08 OF REVENUE REGULATIONS (RR) NO. 5-2021 ON THE TAX-FREE EXCHANGES OF PROPERTIES UNDER SECTION 40(C)(2) OF THE NATIONAL INTERNAL REVENIE CODE (TAX CODE) OF 1997, AS AMENDED BY REPUBLIC ACT (RA) NO. 11534 OR THE CREATE.
