Summary
RMO No. 49-2000 sets the Year 2000 Audit Program of the Enforcement Service, covering tax fraud cases and policy cases.
Key points
- Tax fraud cases coverage. The Program covers any taxable year, quarter or period where prima facie evidence of fraud was established or discovered in year 2000 and until the Order is in full force and effect. The audit or re-examination covers all internal revenue taxes.
- Kinds of fraud cases. These are cases under Sec. 248(B) of the Tax Code, cases from confidential information filed by informers, and cases developed by the Tax Fraud Division (TFD) or Special Investigation Division (SID) or elevated to the TFD by Regional Offices. They also include cases referred by the Enforcement Service to the SID and cases the Commissioner refers to the TFD/SID from the Office of the President, the Senate and House of Representatives, or the Executive Branch Departments.
- Policy cases. The Program covers 1999 income, value-added, percentage, withholding and other internal revenue tax liabilities of selected taxpayers in the chemical and chemical products and food and beverage industries. It also covers other industries or cases the Commissioner assigns.
- Meaning of taxable year 1999. For income tax purposes, taxable year 1999 covers returns filed on a fiscal year basis ending on or before June 30, 2000.
Who is affected
- Taxpayers with prima facie evidence of fraud
- Selected taxpayers in the chemical and chemical products and food and beverage industries
Deadlines and effectivity
- Fraud cases: evidence established or discovered in year 2000 and until the Order is in full force and effect
- Policy cases: taxable year 1999
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
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