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PIA Press Release
2007/11/13

BIR Nat'l Tax Amnesty Roadshow deemed a big success in Davao

Davao City (13 November) -- The Bureau of Internal Revenue (BIR) "Tax Amnesty National Roadshow" held here in Davao was a big success with more than 1,200 participants, the largest group in attendance composed of DCCCI, Filipino-Chinese Chamber of Commerce and Industry, corporations, cooperatives, PICPA members, and private entities just recently held at Grand Men Seng Davao City.

The BIR National Tax Amnesty Roadshow has been going around in different parts of the country to promote government's tax amnesty program that provides lots of privileges on delinquent taxpayers including immunities.

Congressman Danilo E. Suarez, Chairman on Oversight committee (Quezon, 3rd district), Atty. Ma. Victoria Reinante, Office of the Deputy Commissioner, together with Davao City 1st District Congressman Prospero Nograles, BIR Regional Director Atty. Marcelinda Omila-Yap led the whole day forum after a press conference with Davao media practitioners. RDOs were also present: RDO Jose Eric-Furia; Tagum RDO Atty. Franklin Ladores; Digos RDO Eddie Castillo; and Mati RDO Abilia Bentulan.

Congressman Suarez told mediamen said that the Finance department in Manila is expecting some P4 to P8-billion additional tax collection out of the national tax amnesty program being implemented throughout the country.

Though the collection is material, Congressman Suarez made it clear that the objective of the law is to broaden its taxbase.

Suarez said they are promoting the Tax Amnesty program for the public specifically delinquent taxpayers to be guided on the implementing rules and regulations of Revenue memorandum circular 55-2007 of Republic Act 9480 known as Tax Amnesty Act of 2007.

The tax amnesty covers all national internal revenue taxes imposed by the national government for taxable year 2005 and prior years, with or without assessments issued that have remained unpaid as of December 31, 2005.

Covered under RA 9480 are individuals, whether resident or nonresident citizens or resident or nonresident aliens; estates and trusts; corporations; cooperatives and tax exempt entities that have become taxable as of December 31, 2005; and other juridical entities including partnerships.

Said tax amnesty shall not be extended to persons or cases existing as of the effectivity of RA 9480 like withholding agents with respect to their withholding tax liabilities; those with pending cases falling under the jurisdiction of the PCGG; those with pending cases filed in court involving violation of the Anti-Money Laundering law; those pending criminal cases filed in court or in the DOJ for tax evasion and other criminal offenses; those with pending criminal cases filed in court for felonies of frauds, illegal exactions and transactions, and malversation of public funds and property; and those tax cases subject of final and executory judgment by the court. (PIA) [top]

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