Sunday, 1 February 2015

BIR Benchmarking Notice, a Desperate Move to Cover Bad Habits?

100,000 Benchmarking Notices Released (BIR)

Roaming now is the 100k Benchmarking Notices. Two (2) have reached ETM. And, they showed that the concerned taxpayers, by way of WARNING THEM THAT ALL THE AVAILABLE ADMINISTRATIVE REMEDIES such as eLA, tax mapping, surveillance, Oplan Kandado, tax evasion, SDT, etc. will be imposed, must pay the POSSIBLE deficiencies that amount to 2.2M and 1.3M, respectively.

Don’t be afraid. It’s an old trick. It's nothing. It can’t hurt any taxpayer. It’s contrary to Section 269, National Internal Revenue Code, as amended. However, you need to answer it within the timeframe (15 days) stated therein so that you would not be burdened by the so-called ‘ESTOPPEL’.

Estoppel means that when there is a need to speak, you failed to speak.

To be sure, please consult an authority thereto,
ETM Tax Agent Office, located at Unit 419 Corporate 101, Mother Ignacia, Quezon City

Call: 439 3918 
Text: 0922 8010922
Email: go@taxaccountingguru.com









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