BIR holds tax amnesty info campaign in Bicol
LEGAZPI CITY (26 September) -- Quezon third district Representative Danilo E. Suarez, Chairman of the House of Representatives Congressional Oversight Committee, and Commissioner Lilian Hefti of the Bureau of Internal Revenue (BIR) led the Bicol leg of the nartionwide "Tax Amnesty Roadshow" relative to the implementation of Republic Act No. 9480 or an "Act Enhancing Revenue Administration and Collection by Granting an Amnesty On All Unpaid Internal Revenue Taxes Imposed by the National Government for Taxable Year 2005 and Prior Years".
At the Tax Amnesty forum held at the Concourse Convention Hall here, on Monday, September 24 the tax amnesty crusaders appealed to taxpayers, individual and corporate, to avail of the amnesty program amid efforts of the BIR to make a strong recovery for this year's second semester.
Commissioner Hefti said the BIR is tasked to collect P730 billion for year 2007. "Earlier, the BIR received overwhelming support in its tax amnesty campaign from various business organizations, which sponsored several tax amnesty fora in the Bureau's thrust to maximize its information dissemination efforts."
The tax amnesty roadshow spearheaded by Suarez and Hefti, is aimed at enticing as many taxpayers into the fold of the program which provides details of its objectives, coverage, availment/payment methods. Statement of Assets, Liabilities and Networth (SALN), immunities and privileges, offenses and penalties.
The tax amnesty roadshows are open to all businessmen, professionals like medical practitioners, lawyers, accountants, architects, engineers, local media practitioners and multinational executives.
Also known as "Tax Amnesty Act of 2007" under the Department of Finance (DOF) Department Order No. 29-07, the program seeks to cover all national internal revenue taxes for the year 2005 and prior years, with or without assessment duly issued but have remained unpaid as of December 31, 2005.
However, the tax amnesty shall not extend to: 1) withholding agents with respect to their withholding liabilities; 2) those with pending cases falling under the jurisdiction of the PCGG; 3) those with pending cases involving unexplained or unlawfully acquired wealth, revenue or income under the Anti-Graft and Corrupt Practices Act;
4) those with pending cases filed in court involving violation of the Anti-Money Laundering Law; 5) those with pending cases filed in court or in the DOJ for tax evasion and other criminal offenses under the NIRC of 1997, as amended; 6) those with pending criminal cases filed in court for felonies or frauds, illegal exactions, and transactions, and malversation of public funds and property under the Revised Penal Code (RPC); and 7) tax cases subject to final and executory judgment by the courts.
In availing of the tax amnesty program, taxpayers must file Statements of Assets, Liabilities and Networth (SALN) as of December 31, 2005 with the Tax Amnesty Return (TAR) in forms prescribed by the BIR. The same shall be filed with their respective Revenue District Officer (RDO)/large Taxpayer District office of the BIR having jurisdiction over them or in the case of non-residents, with the BIR Commissioner or with any RDO. Upon filing of the return, the taxpayer shall pay the amnesty tax within six months from the effectivity of these Rules.
The tax amnesty campaigners is scheduled for roadshows in the provincial areas of Visayas and Mindanao. (BIR/PIA) [top]