RMC No. 05-2007: Circularizes the guidelines in the implementation of RR Nos. 13-2001 and 15-2006 for taxpayers under the jurisdiction of the Large Taxpayers Service

Key points

1. Abatement under RR No. 13-2001. The LTS sub-Technical Working Committee (LTS sub-TWC), created under Revenue Special Order (RSO) No. 374-2006, processes and evaluates these applications. They are not indorsed further to the Technical Working Committee (TWC) on Abatement. The LTS sub-TWC makes the final recommendation to the CIR.
2. One-Time Administrative Abatement under RR No. 15-2006. The concerned LTS divisions first process the applications and elevate them to the LTS sub-TWC for final evaluation and recommendation. The dockets then go directly to the Office of the Commissioner (OCIR) for the CIR’s approval or disapproval.
3. Exception under RR No. 15-2006. For applications under RR No. 15-2006, if an application is otherwise pending with other BIR divisions such as Litigation, Prosecution or Appellate, or with other concerned offices, those divisions process it.
4. Pending applications. All pending applications under RR Nos. 13-2001 and 15-2006 of LTS taxpayers are processed under this Circular.
5. Monthly list to Collection Service. The LTS sub-TWC submits the list of processed applications, with details of evaluation and action taken, every 5th day of the following month. The Collection Service uses it to monitor the results and effectiveness of the Abatement Program.

Who is affected

• Taxpayers under the jurisdiction of the Large Taxpayers Service

Deadlines and effectivity

• Monthly list due every 5th day of the following month
• Issued January 23, 2007