Summary
RMO No. 05-2000 issued January 20, 2000, immediately suspends the issuance of Letters of Authority, mission orders or any written orders to audit and/or investigate income tax, value-added tax and other internal revenue taxes.
CollapseExpand
Key points
- Exception for prescribing taxes. The suspension does not cover taxes that will prescribe in 2000 under the statute of limitations unless timely assessed or collected.
- Exception for transfer taxes. Capital gains tax, estate tax and donor’s tax cases are not covered.
- Exception for assigned cases. Cases to be assigned by the Commissioner of Internal Revenue are not covered.
Who is affected
- Offices issuing Letters of Authority, mission orders or written orders to audit or investigate
Deadlines and effectivity
- Effective immediately from January 20, 2000
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.