revenue_memorandum_order RMO No. 47-2011RMO No. 47-2011 2011-12-26

RMO No. 47-2011 — Prescribes the reportorial requirements of the Large Taxpayers Service Digest | Full Text | Annex A

REPUBLIC OF THE PHILIPPINES DEPARTME OFINANCE BUREAU OF INTERNAL REVENUE Quezon City November 28, 2011 REVENUE MEMORANDUM ORDER NO. 47-2011 SUBJECT : Reportorial Requirements of the Large Taxpayers Service To : All Revenue Officials, Employees and Others Concerned __________________________________________________________________ I. OBJECTIVES This order is being issued to: 1. Prescribe the reports to be submitted by offices under the Large Taxpayers Service (LTS). 2. Avoid duplication or overlapping of reports and reduce the burden on said offices to afford more time and resources on collection and enforcement activities. II. POLICIES AND GUIDELINES The following policies and guidelines shall be observed: 1. All reports specified under Annex "A" shall be submitted within the prescribed deadlines. 2. The format of the report as prescribed in the pertinent issuance including all other information as prescribed in Annex "A" shall be strictly complied. 3. Submission of reports not listed in Annex "A" shall be discontinued. 4. The Inventory of Reports Required marked as Annex "A" shall be updated as the need arises or in the event that the submission of an existing report shall no longer be required.

III. REPEALING CLAUSE All issuances and/or portion thereof not consistent with the provisions of this Order are hereby repealed or amended accordingly. IV. EFFECTIVITY This Order shall take effect immediately. (Original Signed) KIM S. JACINTO-HENARES Commissioner of Internal Revenue D11 AVM _____ TMD _____ GRF _____ OOL _____ MAA _____ GGH _____

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