RMC No. 87-2014 — Suspends all audit and other field operations of the BIR effective December 16, 2014

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City RECORDS "MGT." DIVISION BURFAU OF INTERNAL REVENUE RECEIVEAE DEC 9 201 I0: 10 A:M - Ung

December 5, 2014

REVENUE MEMORANDUM CIRCULAR NO. 87- 2014

SUBJECT Suspension of Ali Audit and other Fieid Operations of the Bureau of

Internal Revenue Effective December 16, 2014

TO All Internal Revenue Officers, Empioyees and Others Concerned

All field audit and other field operations of the Bureau of Internal Revenue relative to examinations and verifications of taxpayers' books of accounts, records and other transactions are hereby ordered suspended for the period December 16, 2014 to January 4, 2015. Thus, no field audit, field operations, or any form of business visitation in execution of Letters of Authority/Audit Notices, Letter Notices, or Mission Orders should be conducted. Likewise, no written orders to audit ard/or investigate taxpayers' internal revenue tax liabilities shall be served, except in the following cases:

tnvestigation of cases prescribing on or before April 15, 2015; Processing and verification of estate tax returns, donor's tax returns, capital gains tax Examination and/or verification of internal revenue tax liabilities of taxpayers retiring together with the documentary stamp tax returns related thereto; from business; returns and withholding tax returns on the sale of real properties or shares of 'stocks

Audit of National Government Agencies (NGAs), Local Government Units (LGUs)and Government Owned and Controlied Corporations (GOCCs) inciuding subsidiaries and affiliates of GOCC:s; Monitoring of privilege stores (tiangge); Stocktaking; and Other matters/concerns where deadlines have been imposed or under the orders oi the Commissioner of internal Revenue.

In generai, examiners and investigators shall make use of this period to do office work on their cases and to complete the report on those with already completed field work. Service

importantly, all efforts should be directed to ensure maximum collection in the remaining days Of the year. of Assessment Notices, Warrants and Seizure Notices should still be effected. Most

All internal revenue officers and others concerned are enjoined to give this Circular as wide a publicity as possible.

KIM S. TO-HENARES Commissioner Of Internal Revenue

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