RMO No. 48-2018: Prescribes additional cases to be covered by Tax Verification Notice

Key points

1. Added cases. Estate tax cases where the decedent has no other tax liabilities, and tax refund claims. The refund claims are VAT refunds under Section 112, claims of Job Order personnel, and claims from erroneous or double payment of taxes, including double payment due to system error or glitch.
2. Time for estate tax. The Revenue Officer submits the report within 60 days from submission of complete documents.
3. Time for VAT refunds. At the VAT Credit Audit Division, 55 to 65 days from receipt of the application, per item III.3 of RMC No. 17-2018. At Large Taxpayers Service audit divisions and Revenue District Offices under the Revenue Regions, 60 days from receipt.
4. Time for other refunds. Claims of Job Order personnel and claims from erroneous or double payment take 30 days from submission of complete supporting documents.
5. How the TVN is issued. The TVN is issued manually until the Tax Verification Notice System is in place. The Head of Office authorized to process the estate tax return or refund claim signs it.

Who is affected

• Estate tax cases
• Tax refund claimants
• Job Order personnel

Deadlines and effectivity

• Estate tax: 60 days
• VAT refund: 55 to 65 days (VCAD) or 60 days (LTS, RDOs)
• Other refunds: 30 days