BIR Chief Declares an Assessment Holiday

From December 16, 2016 up to January 5, 2015, all revenue officers are forbidden to prepare, sign and release a tax deficiency assessment notice to any taxpayer. More so, all tax mapping, oplan kandado and inventory taking activities are suspended.

Many taxpayers had welcomed this development because they will be relieved uninvited guests and unwanted visitors. In turn, a lot of cash may be spared off or saved.

However, all tax investigations and audits for cases prescribing on April 16, 2016 and tax fraud cases will remain in effect and not be affected by the assessment holiday. The full details of the BIR Chief's instructions can be viewed via Revenue Memorandum Order 75-2015.

Taxpayers concerned are advised and strongly encouraged to take photos and prepare relevant proofs against erring and enterprising revenue officers who knowingly disregard the rules on assessment holidays. Comment, please, your spotted violations or upload your photos thereof via Crimes Against Taxpayers Facebook.

ETM Tax Agent Office is much willing to help and assist you in removing from service those who are oppressing you. For the services of a Taxation Professional, please call 0922 801 0922.

Attend and Announce:

Understanding a BIR-Legal Threat:
The Oplan Kandado and Tax Evasion Threat
January 6, 2016, 5-6pm
Webinar Type

CPA on Demand Orientation (Chip-in)
January 12, 2016, 1-5pm
University Hotel, UP Campus, QC

Conference-forum Type

Payroll Accounting, Documentation and Taxation
January 29-30, 2016, 1.30-5pm
University Hotel, UP Campus, QC
Seminar-workshop-training Type