RR 18-2013... A pain in the taxpayer's neck (New Rules in Assessing a Tax)

New BIR Rules on Issuing and Protesting Assessments
by Emelino T Maestro, Father of Tax Accounting, Tax Guru
"Small and simple crime that is habitually performed nationwide is the biggest crime of all."

Here are the gists of RR 18-2013
1. Notice for Informal Conference (NIC) was removed. Thus, you shall no longer receive such Notice from the Revenue District Officer
2. After an eLetter of Authority is served, expect that a Preliminary Assessment Notice (PAN) shall be prepared and served.
3. The PAN shall state the fact and the laws from which the deficiency tax assessment is derived. Otherwise, the such assessment is to be considered 'Void'
4. A protest should be made within 15 days from receipt of the PAN otherwise a FLD/FAN shall be prepared and issued.
5. The protest may either be a request for reconsideration or reinvestigation which you must clearly stated in the body of the protest.
6. Although a protest against PAN is lodged on time, still FLD/FAN shall be prepared and issued which will give you a thirty day period to protest it (again?)..{ETM recommends that instead of filing a protest against PAN, a request for extension to file such protest must be prepared and submitted in order to buy time}
7. Failure to dispute all allegations in the said assessment, the amounts shown therein shall become final and collectible.
8. Failure to supply the facts and the laws from which the protest is derived, the amounts shown in such assessment shall become final and collectible
9. Failure to dispute some issues in the said assessment, the amounts pertaining to undisputed issues shall become final and collectible.
10. Failure to submit all relevant records in support of the protest shall make the amount due thereon to become final and collectible.
11. Commissioner shall not accept a request for reinvestigation but only request for reconsideration

On December 23, 2013 at La Salle Campus, RCBC Plaza, Makati City, a open forum on how to deal with this new rule shall be held... ALL ETM STUDENTS, CLIENTS AND FRIENDS ARE INVITED TO ATTEND. Registration and payment of P1,120.00 investment fee shall be on or before December 17, 2013. The room shall accommodate 64 pax. Bring your own snack, pencil and paper. Be informed, be punctual. Starts at 2pm and ends at 5pm

For details, please call
Dhen 0922 801 0922,
Sonia 439 3918,
Juliet 921 6107
Eric 0998 979 3922
Email Katax at kataxpayer@gmail.com