BIR stops investigation of taxpayers

Published May 31, 2022, 10:29 AM

by Jun Ramirez

The Bureau of Internal Revenue (BIR) has suspended the audit and issuance of letters of authority (LA) to investigate the liabilities of taxpayers starting yesterday (May 30)

“All field audit and other field operations covered by LA, mission orders and verification of taxpayers’ financial records are hereby suspended until further notice,” BIR Commissioner Caesar R. Dulay told concerned revenue officials.

Revenue officials explained the BIR chief issued the audit stoppage in Revenue Memorandum Circular 77-2022 to let his successor come out with his own tax administration and collection programs.

President -elect Ferdinand R. Marcos, Jr. has yet to appoint the head of the foremost tax collection arm of the government.

Dulay said, however, his directive does not cover cases prescribing on or before October 31,2022; processing and verification of estate and donor’s taxes, capital gains tax, withholding tax returns on the sale of real properties and shares of stocks together with the documentary stamps tax returns.

He added that taxmen may continue to audit the tax liabilities of national and local government agencies, government-owned and controlled corporations and taxpayers retiring from business.

The serving of assessment notices and seizure warrants shall continue,” Dulay added.

He said taxpayers may also voluntarily pay deficiency taxes without the need to secure authority from the revenue district office.