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    Rmo 20 90

    Uploaded by

    smtm06
    This document outlines the proper procedures for executing a Waiver of the Statute of Limitations between the Commissioner of Internal Revenue and a taxpayer. It details that: 1) The waiver must use the specified form, including filling in the expiration date of the agreed upon period for assessment/collection of taxes after the ordinary three-year period. 2) The waiver must be signed by the taxpayer or authorized representative, and then signed by the Commissioner or authorized revenue official to indicate acceptance. 3) It specifies the revenue officials in the National and Regional Offices authorized to sign waivers for tax cases of varying amounts. 4) The waiver must be executed in triplicate, with copies distributed accordingly.

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    © All Rights Reserved
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    Rmo 20 90

    Uploaded by

    smtm06
    101 views2 pages
    This document outlines the proper procedures for executing a Waiver of the Statute of Limitations between the Commissioner of Internal Revenue and a taxpayer. It details that: 1) The waiver must use the specified form, including filling in the expiration date of the agreed upon period for assessment/collection of taxes after the ordinary three-year period. 2) The waiver must be signed by the taxpayer or authorized representative, and then signed by the Commissioner or authorized revenue official to indicate acceptance. 3) It specifies the revenue officials in the National and Regional Offices authorized to sign waivers for tax cases of varying amounts. 4) The waiver must be executed in triplicate, with copies distributed accordingly.

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    tax 2

    Original Title

    RMO-20-90

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    This document outlines the proper procedures for executing a Waiver of the Statute of Limitations between the Commissioner of Internal Revenue and a taxpayer. It details that: 1) The waiver must use the specified form, including filling in the expiration date of the agreed upon period for assessment/collection of taxes after the ordinary three-year period. 2) The waiver must be signed by the taxpayer or authorized representative, and then signed by the Commissioner or authorized revenue official to indicate acceptance. 3) It specifies the revenue officials in the National and Regional Offices authorized to sign waivers for tax cases of varying amounts. 4) The waiver must be executed in triplicate, with copies distributed accordingly.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    101 views2 pages

    Rmo 20 90

    Uploaded by

    smtm06
    This document outlines the proper procedures for executing a Waiver of the Statute of Limitations between the Commissioner of Internal Revenue and a taxpayer. It details that: 1) The waiver must use the specified form, including filling in the expiration date of the agreed upon period for assessment/collection of taxes after the ordinary three-year period. 2) The waiver must be signed by the taxpayer or authorized representative, and then signed by the Commissioner or authorized revenue official to indicate acceptance. 3) It specifies the revenue officials in the National and Regional Offices authorized to sign waivers for tax cases of varying amounts. 4) The waiver must be executed in triplicate, with copies distributed accordingly.

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    © All Rights Reserved
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    of 2

    April 4, 1990

    REVENUE MEMORANDUM ORDER NO. 20-90


    Subject : Proper Execution of the Waiver of the Statute of Limitations under the National Internal Revenue Code
    To : All Internal Revenue Officers and Others Concerned

    Pursuant to Section 223 of the Tax Code, internal revenue taxes may be assessed or collected after the ordinary
    prescriptive period, if before its expiration, both the Commissioner and the taxpayer have agreed in writing to its
    assessment and/or collection after said period. The period so agreed upon may be extended by subsequent written
    agreement made before the expiration of the period previously agreed upon. This written agreement between the
    Commissioner and the taxpayer is the so-called Waiver of the Statute of Limitations. In the execution of said waiver, the
    following procedures should be followed: cd

    1. The waiver must be in the form identified hereof. This form may be reproduced by the Office concerned but there
    should be no deviation from such form. The phrase "but not after ______ 19 ___" should be filled up. This indicates the
    expiry date of the period agreed upon to assess/collect the tax after the regular three-year period of prescription. The
    period agreed upon shall constitute the time within which to effect the assessment/collection of the tax in addition to the
    ordinary prescriptive period.

    2. The waiver shall be signed by the taxpayer himself or his duly authorized representative. In the case of a
    corporation, the waiver must be signed by any of its responsible officials. Acd

    Soon after the waiver is signed by the taxpayer, the Commissioner of Internal Revenue or the revenue official authorized by
    him, as hereinafter provided, shall sign the waiver indicating that the Bureau has accepted and agreed to the waiver. The
    date of such acceptance by the Bureau should be indicated. Both the date of execution by the taxpayer and date of
    acceptance by the Bureau should be before the expiration of the period of prescription or before the lapse of the period
    agreed upon in case a subsequent agreement is executed.

    3. The following revenue officials are authorized to sign the waiver.

    A. In the National Office

    1. ACIRs for Collection, For tax cases involving


    Special Operations, not more than P500,000.00
    National Assessment,
    Excise and Legal on
    tax cases pending before
    their respective offices.
    In the absence of the ACIR,
    the Head Executive Assistant
    may sign the waiver.

    2. Deputy Commissioner For tax cases involving more


    than P500,000.00 but not
    more than P1M

    3. Commissioner For tax cases involving


    more than P1M

    B. In the Regional Offices


    1. The Revenue District Officer with respect to tax cases still pending investigation and the period to assess is about
    to prescribe regardless of amount. Cdasia

    2. The Regional Director, the Assistant Regional Director, the Chief, Assessment Branch or the Chief, Legal Branch
    with respect to cases still pending review and the period to assess/collect is about to prescribe, regardless of amount.
    3. The Regional Director, the Assistant Regional Director, the Chief, Collection Branch or the Chief, Legal Branch with
    respect to cases still pending collection and the period to assess/collect is about to prescribe regardless of amount.

    4. The waiver must be executed in three (3) copies, the original copy to be attached to the docket of the case, the
    second copy for the taxpayer and the third copy for the Office accepting the waiver. The fact of receipt by the taxpayer of
    his/her file copy shall be indicated in the original copy.

    5. The foregoing procedures shall be strictly followed. Any revenue official found not to have complied with this
    Order resulting in prescription of the right to assess/collect shall be administratively dealt with. cdtai
    This Revenue Memorandum Order shall take effect immediately.

    (Sgd.) JOSE U. ONG


    Commissioner of Internal Revenue

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