Philippines: Tax audit and field operations of task forces suspended

Effectively immediately until further notice, tax audit and field operations of task forces are suspended

Effectively immediately, tax audit and field operations of task task forces are suspended

The Bureau of Internal Revenue issued Revenue Memorandum Circular No. 76-2022 (30 May 2022) to suspend, effectively immediately until further notice, the audit and other field operations of all task forces created thru Revenue Special Orders, Operations Memoranda and other similar orders or directives.

A case-to-case review and evaluation of the necessity and progress of each task force will be conducted by the Office of the Commissioner before they are allowed to resume their audit functions and field operations.

The Bureau of Internal Revenue also issued Revenue Memorandum Circular No. 77-2022 (30 May 2022) to suspend, effective 30 May 2022, all pending letters of authority/audit notices, mission orders and submission of inventory thereafter.

No written orders to audit or investigate taxpayers' internal revenue tax liabilities shall be issued or served, except in the following cases:

  • Investigation of cases prescribing on or before 31 October 2022
  • Processing and verification of estate tax returns, donor's tax returns, capital gains tax returns and withholding tax returns on the sale of real properties or shares of stocks together with the documentary stamp tax returns related thereto
  • Examination or verification of internal revenue tax liabilities of taxpayers retiring from business
  • Audit of national government agencies, local government units and government owned and controlled corporations, including subsidiaries and affiliates
  • Other matters when deadlines have been imposed or under the orders of the Commissioner of lnternal Revenue

In addition, service of assessment notices, warrants, and seizure notices will remain in effect.

Read a May 2022 report prepared by the KPMG member firm in the Philippines

 

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