Summary
RMC No. 15-2020, issued February 27, 2020, prescribes how taxpayers are informed of the procedures for responding to Deficiency Tax Assessments arising from audit or investigation.
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Key points
- Guideline furnished to taxpayer. A guideline titled Procedures in Responding to the Deficiency Tax Assessments (Annex A of the Circular) is given to the taxpayer during the Discussion of Discrepancy.
Who is affected
- Taxpayers under audit or investigation who receive Deficiency Tax Assessments
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.