Buying a house? Settling an estate? Transferring shares? All of it just got a little less confusing.
The Bureau of Internal Revenue has issued a new circular answering the questions taxpayers ask most when applying for the two documents that make property transactions official.
Revenue Memorandum Circular No. 75-2026, dated July 16, 2026, lays out in question-and-answer form how to apply for the ONETT Computation Sheet, or OCS, and the Electronic Certificate Authorizing Registration, or eCAR. Both are required before real estate, shares of stock, donations or inherited property can legally change hands.
The circular spells out which taxes apply to which transactions, what documents to bring, where to file, and how long processing should take. It also covers eCAR replacement and validity rules, plus scenarios that have long confused filers, from estate transfers to donated land.
The goal, the BIR said, is “clearer guidance on ONETT transactions,”with uniform rules that should speed up approvals across BIR offices nationwide.
Under the Ease of Paying Taxes Act, most ONETT returns must now be filed electronically. Manual filing is allowed only when the BIR’s online systems go down. Depending on the transaction, taxpayers settle computed taxes through BIR Forms 1706, 1707, 1606, 1800, 1801 or 2000-OT. Any deficiency found after an eCAR is released gets paid separately, through Form 0605.
Taxpayers no longer need to line up in person, either. The BIR’s eONETT portal lets applicants submit documents, track their OCS approval, and claim their eCAR online, cutting out several trips to the Revenue District Office.
The new circular builds on earlier fixes. In 2024, the BIR clarified that eCAR applications must be processed at the Revenue District Office with jurisdiction over the transaction, whether that means the property’s location, the seller’s registration, or, in estate cases, the deceased’s TIN.
RMC No. 75-2026 folds that guidance, along with years of scattered memos, into one reference taxpayers, brokers and tax practitioners can consult without digging through old circulars.
The full circular is available on the BIR website or at https://tinyurl.com/RMC75-2026.
