Tax Compromise

barrister · 1 Tax Compromise Tue Sep 23, 2008 6:52 pm

barrister

Reclusion Perpetua

Posts : 318
Join date : 23/08/2008

REQUISITES:
o The taxpayer have a tax liability
o There must be an offer (by the taxpayer of an amount to be paid by the taxpayer)
o There must be an acceptance (by the Commissioner or the taxpayer as the case may be) of the offer in the settlement of the original claim

barrister · 2 Re: Tax Compromise Tue Sep 23, 2008 6:53 pm

barrister

Reclusion Perpetua

Posts : 318
Join date : 23/08/2008

CASES NOT SUBJECT TO COMPROMISE:
1. Withholding tax cases
2. Criminal tax fraud cases
3. criminal violations already filed in court
4. Delinquent accounts with duly approved
5. cases where final reports of reinvestigation or reconsideration have been issued resulting to reduction in the original assessment and the taxpayer is agreeable to such decision
6. Cases which become final and executory after final judgment of a court (Sec 2 RR
7-2001).

Tax Compromise

1 Tax Compromise Tue Sep 23, 2008 6:52 pm

barrister

2 Re: Tax Compromise Tue Sep 23, 2008 6:53 pm

barrister