RMO No. 71-99: Prescribes an Office Audit Program in the Assessment Division of Revenue Regional Offices

Key points

1. Coverage. The program covers audit of tax returns of individual and corporate taxpayers, estates and trusts within the Region for taxable year 1998. Priority follows the order specified in the Order.
2. How the audit is done. Office Audit is done without field investigation, only by Revenue Officers (Assessment) of the Office Audit Section in the Assessment Division of Regional Offices. The Regional Director may request office audit in far-away Revenue District Offices, subject to approval by the Assistant Commissioner, Assessment Service.
3. Letter of Authority. All tax liabilities of a taxpayer for the same taxable year are investigated together. One Letter of Authority is issued for each taxable year to include all internal revenue tax liabilities.
4. No audit of succeeding year. The same taxpayer cannot be audited for the immediately succeeding taxable year. The exception is a valid written justification with prior approval of the Assistant Commissioner, Assessment Service.

Who is affected

• Individual and corporate taxpayers, estates and trusts within the Region
• Taxpayers in small-scale business and the practice of profession

Deadlines and effectivity

• Taxable year 1998 covered
• Issued September 15, 1999