RMC No. 71-2005: Suspends all field operations of the Bureau of Internal Revenue effective December 19, 2005

Summary

RMC No. 71-2005 suspends all audit and other field operations of the BIR effective December 19, 2005.

Key points

1. Suspension period. Field operations on examinations and verifications of taxpayers’ books, records and transactions are suspended from December 19, 2005 up to January 8, 2006. No field operations or business visitations under Letters of Authority/Audit Notices, Tax Verification Notices, Mission Orders or other written audit orders may be issued.
2. Exceptions. Investigation of cases prescribing on or before 30 June 2006 and processing of estate, donor’s, capital gains and related withholding and DST returns are excepted. So are examination of taxpayers retiring from business, audit of national government agencies, local government units and GOCCs including subsidiaries and affiliates, tax mapping of “Privilege-Store” (tiangges) operations, EVAP implementation under RR No. 18-2005, and matters with deadlines or under the Commissioner’s orders.
3. Office work. Revenue examiners and investigators use the period for office work on their cases and to complete reports on those with finished field work. Assessment Notices, Warrants and Seizure Notices may be served with clearance of the Commissioner/Regional Director.

Who is affected

• Revenue examiners and investigators
• Taxpayers subject to BIR audit and field operations

Deadlines and effectivity

• Suspension effective December 19, 2005
• Suspension runs December 19, 2005 to January 8, 2006

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.