Section 3
SEC. 3. Section 21 of the National Internal Revenue Code of 1997, as amended, is hereby amended to read as follows: "SEC. 21. Sources of Revenue and Classification of Taxpayers. - (a) The following taxes, fees and charges are deemed to be national internal revenue taxes: (1) Income tax; (2) Estate and donor's taxes; (3) Value-added tax; (4) Other percentage taxes; (5) Excise taxes; (6) Documentary stamp taxes; and (7) Such other taxes as are hereafter may be imposed and collected by the Bureau of Internal Revenue. (b) Classification of Taxpayers. - For purposes of responsive tax administration, taxpayers shall be classified as follows: GROUP GROSS SALES Micro Less than Three million pesos (P3,000.00) Small Three million pesos (P3,000.00) to less than Twenty million pesos (P20,000.00) Medium Twenty million pesos (P20,000.00) to less than One billion pesos (P1,000,000.00) Large One billion pesos (P1,000,000.00) and above SEC. Section 22 of the National Internal Revenue Code of 1997, as amended, is hereby further amended to read as follows: "SEC. 22. Definitions. - When used in this Title: x x x (KK) The term of 'filing of return' shall refer to the act of accomplishing and submitting the prescribed tax return, electronically or manually, to the Bureau of Internal Revenue, or through any authorized agent bank or authorized agent bank or authorized tax software provider, as required under this Code or as prescribed under existing rules and regulations. (LL) The terms 'payment of tax' or 'remittance of tax' shall refer to the act of delivering the amount of tax due or withheld, either electronically or manually, to the Bureau of Internal Revenue, or through any authorized agent bank or authorized tax software provider, as required under this Code or as prescribed under existing rules and regulations."