revenue_memorandum_circular RMC No. 61-2010RMC No. 61-2010 2010-07-14

RMC No. 61-2010 — Suspends the generation and issuance of electronic Letter of Authority (eLAs), revokes RMC No. 56-2010 and clarifies the use of BIR Form 0421 – Tax Verification Notices Digest | Full Text

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE July 12, 2010 REVENUE MEMORANDUM CIRCULAR NO. 61-2010 SUBJECT: Suspension of Generation of electronic Letter of Authority (eLAs), Revocation of Revenue Memorandum Circular No. 56-2010 dated June 28, 2010 and use of BIR Form 0421 - Tax Verification Notices (TVNs) TO: All Internal Revenue Officers and All Others Concerned -------------------------------------------------------------------------------------------------------------------------- This Circular is being issued to disseminate the policies on investigation of internal revenue tax liabilities in line with the adoption of the electronic Letter of Authority Monitoring System (eLAMS). 1. The issuance of eLAs and the conversion of manually issued Letters of Authority into eLA under the Electronic Letter of Authority Monitoring System (eLAMS) shall be temporarily suspended until further notice. 2. Pursuant to RMO No. 62-2010, it is reiterated that manual issuance of Letters of Authority (LAs) has been discontinued effective July 1, 2010. Thus, effective July 1, 2010, only the Commissioner of the Internal Revenue can manually issue and sign Letters of Authority. 3. All offices/task forces issued with booklets of BIR Form 1965 - Letter of Authority are hereby mandated to surrender all unused BIR Form 1965 - Letter of Authority to the Accountable Forms Division by July 16, 2010. 4. On all eLAs already issued prior to July 1, 2010, all investigating offices/task forces are mandated to continue encoding updates to said eLAs. 5. RMC No. 56-2010 dated June 28, 2010 which referred to the "Most Recent Policies on Audit of All Internal Revenue Tax Liabilities for the Year 2009" is hereby revoked. Thus, all examiners or revenue officers are hereby directed to continue conducting tax investigation on manually issued Letters of Authority issued prior to July 1, 2010 and concerned taxpayers cannot invoke RMC No. 56-2010 to refuse investigation.

6. Effective today, manual issuance of Tax Verifications (TVNs) is hereby being allowed but only in the following cases: a) One Time Transactions (Capital Gains Tax/Creditable Withholding Tax and Documentary Stamp Tax involving transfers of real property or shares of stock; b) Donation (Donor's Tax); c) Death (Estate Tax); and d) Request for Reinvestigation The provisions of any internal revenue issuance inconsistent herewith is hereby revoked, amended or modified accordingly. This Circular shall be given as wide a publicity as possible. (Original Signed) KIM S. JACINTO-HENARES Commissioner of Internal Revenue A

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