Summary
RMC No. 58-2011 suspends all field audit and other field operations of the BIR for December 19, 2011 to January 6, 2012.
Key points
- What is suspended. No field audit, field operation or business visitation may be conducted under Letters of Authority, Audit Notices, Letter Notices or Mission Orders. No written orders to audit or investigate tax liabilities are served either.
- Exceptions. The suspension does not cover cases prescribing on or before April 15, 2012, and processing of Estate Tax, Donor’s Tax, Capital Gains Tax and related withholding and Documentary Stamp Tax returns on real property or share sales. It also does not cover taxpayers retiring from business, audits of NGAs, LGUs and GOCCs, and matters with imposed deadlines or Commissioner orders.
- Office work continues. Examiners and investigators use the period for office work and for reports on cases with completed field work. Service of Assessment Notices, Warrants and Seizure Notices continues.
Who is affected
- BIR examiners and investigators
- Taxpayers under audit
Deadlines and effectivity
- Suspension period: December 19, 2011 to January 6, 2012
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.