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RMC No. 79-2007: Circularizes the conduct of post-audit review by the Office of the Commissioner of Internal Revenue on randomly-selected audit and collection cases

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Summary

RMC No. 79-2007 circularizes the post-audit review by the Office of the Commissioner of Internal Revenue of randomly-selected audit and collection cases.

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Key points

  1. Scope. The Commissioner, through her authorized representative, reviews audit cases, collection cases and Mission Order cases acted upon and terminated in 2007. From January 2008, randomly-selected cases of the Regional Offices, Enforcement Service and Large Taxpayers Service are reviewed.
  2. Audit cases. These include cases under a Letter of Authority, Tax Verification Notice, Mission Order or Letter Notice that ended in 2007, reviewed for correctness of action. Those still pending are reviewed for the cause of delay.
  3. Delinquent accounts. Accounts collected in 2007 and those still pending may be reviewed.
  4. Focus. The review gives particular attention to taxpayers’ VAT compliance and Documentary Stamp Tax compliance.

Who is affected

  • Regional Offices
  • Enforcement Service
  • Large Taxpayers Service

Deadlines and effectivity

  • Review starts January 2008 for cases terminated in 2007

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.