THE Bureau of Internal Revenue (BIR) has suspended all its investigation against possible erring taxpayers despite its goal to meet its full-year collection target for the remainder of the year.
In a Revenue Memorandum Circular 58-2011, Commissioner Kim Jacinto-Henares told all
internal revenue officers and its employees that no field audit shall be made until the lapse of January 6 in view of the month-long celebration of the yuletide season.
“Thus no field audit, field operations, or any form of business visitation in execution of Letters of Authority/Audit Notices, Letter Notices, or Mission Orders should be conducted,” the RMC states.
Such move is aimed at preventing the bureau’s officers and employees to have close contact with taxpayers that are subject of audits since the taxpayers and investigators are susceptible of giving and receiving gifts from each other.
The RMC has taken effect on December 19 to January 6.
During said suspension of all audit and other filed operations, the examiners and investigators are instead ordered “to make use of such period to do office work on their cases and complete the report on those with already completed field work.”
“However, service of assessment notices, warrants and seizure notices should still be affected.”
Despite the suspension of various audits, however, all revenue officers and employees are tasked to do their utmost best to meet its P940-billion full-year collection goal.
“Most importantly, all efforts should be directed to ensure maximum collection in the remaining days of the year,” Jacinto Henares told the BIR employees.
At end-November, the BIR generated P849.515 billion, exclusive of the P5 billion final income tax withheld against the controversial PEACe bonds.
The agency’s monthly revenue performance is released every 15th of the subsequent month.
The BIR now needs to collect P90.485 billion for December in order to attain its full-year revenue goal.
In a Revenue Memorandum Circular 58-2011, Commissioner Kim Jacinto-Henares told all
internal revenue officers and its employees that no field audit shall be made until the lapse of January 6 in view of the month-long celebration of the yuletide season.
“Thus no field audit, field operations, or any form of business visitation in execution of Letters of Authority/Audit Notices, Letter Notices, or Mission Orders should be conducted,” the RMC states.
Such move is aimed at preventing the bureau’s officers and employees to have close contact with taxpayers that are subject of audits since the taxpayers and investigators are susceptible of giving and receiving gifts from each other.
The RMC has taken effect on December 19 to January 6.
During said suspension of all audit and other filed operations, the examiners and investigators are instead ordered “to make use of such period to do office work on their cases and complete the report on those with already completed field work.”
“However, service of assessment notices, warrants and seizure notices should still be affected.”
Despite the suspension of various audits, however, all revenue officers and employees are tasked to do their utmost best to meet its P940-billion full-year collection goal.
“Most importantly, all efforts should be directed to ensure maximum collection in the remaining days of the year,” Jacinto Henares told the BIR employees.
At end-November, the BIR generated P849.515 billion, exclusive of the P5 billion final income tax withheld against the controversial PEACe bonds.
The agency’s monthly revenue performance is released every 15th of the subsequent month.
The BIR now needs to collect P90.485 billion for December in order to attain its full-year revenue goal.
Comments
Post a Comment