Correct Waiver of Stature of Limitations (Compromise/Abatement) -Emelino T Maestro.com

WAIVER OF THE DEFENSE OF THE  STATUTE OF LIMITATIONS OF THE NATIONAL INTERNAL REVENUE CODE

09989793922@MaestroTaxation.org, if your lawyers resulted in bribing the BIR instead of solving your tax problems legally

         I,___________________________________________in consideration of the approval by  the Commissioner of Internal Revenue of the  request for compromise settlement/abatement of penalties  with reference to its/my deficiency ___________________________ liability/ies, for the year/s ________________, under Assessment/Demand Nos. ____________________ ________________involving the total amount of ______________________________ ______________(P                      ), including surcharges, interest and penalties, do hereby waive the defines of prescription under the statute of limitations prescribed in Sections

​ ​

204(A) and (B), 

​and ​

223  of the National Internal Revenue Code of 1997, as amended, and consent to the collection of the tax or taxes due, including the delinquency increments, for the said years which may be found due after approval of its/my request for compromise settlement/abatement of penalties  at any time before or after the lapse of the period of limitations fixed by said sections of the Tax Code, but not after 

​ December 31, 2014​

.

The intent and purpose of this waiver is to afford the Commissioner of Internal Revenue ample time to carefully consider the instant request  of the undersigned taxpayer against the aforesaid liabilities. It is understood, however, that the undersigned taxpayer  neither, by the execution of this waiver, admit in advance the correctness of the  assessments made for the year/s above mentioned nor waive the right to use any of the legal remedies

​​

accorded by the law pursuant to the applicable provisions of the Tax Code, as amended

 ​ and/or forego its/my legal actions against the incompetence, malfeasance, misfeasance and nonfeasance​ that the assigned Revenue Officer/s had previously/knowingly perpetuated.

           Executed this             day of                     , 20     in the City of                        , Philippines.

___________________________

Taxpayer or Authorized Representative

Accepted: 

___________________________

Commissioner of Internal Revenue

     (Signature over Printed Name)

Date: _______________, 20___