Summary
RR No. 9-2013 amends Section 6 of RR No. 30-2002 on the payment of the amount offered as compromise settlement under Section 204 of the Tax Code.
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Key points
- Approval by the NEB. Compromise settlements within National Office jurisdiction are approved by a majority of all NEB members, namely the Commissioner and the four (4) Deputy Commissioners. This does not apply to offers whose approval is delegated to the REB. NEB decisions favorable to the taxpayer need the Commissioner’s concurrence.
- Payment on filing. The taxpayer pays the compromise offer when filing the application. No application is processed without full settlement of the offered amount.
- If disapproved. If the application is disapproved, the amount paid on filing is deducted from the total outstanding tax liabilities.
Who is affected
- Taxpayers applying for compromise settlement
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.