Revenue Regulation No. 12-99, September 6, 1999. 3.1.2 Preliminary Assessment Notice (PAN). If after review and evaluation by the Assessment Division, or by the Commissioner or his duly authorized representative, as the case may be, it is determined that there exists sufficient basis to assess the taxpayer for any deficiency tax or taxes, the saidContinue reading “On PAN”
Author Archives: Rey Lozada
On LOA
GR#222743, April 5, 2017Medicard vs CIR Highlights The absence of a LOA violated Medicars’ right to due process.An LOA is the authority given to the appropriate revenue officer assigned to perform assessment functions. It empowers or enables said revenue officer to examine the books of account and other accounting records of a taxpayer for theContinue reading “On LOA”
