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PIA Press Release

Tax abatement deadline on February 29 – BIR

By Rose B. Palacio

Davao City (16 February) -- Bureau of Internal Revenue (BIR) regional director Atty. Marcelinda Omila-Yap urged delinquent taxpayers to settle their delinquent accounts with the one-time abatement program of the government. The deadline is February 29, 2008.

Under this latest program, taxpayer can now pay their delinquent tax accounts with the removal of all penalties, including surcharges and interests.

BIR Memorandum Circular No. 63-2006 enables taxpayers to settle their tax deficiencies under the One-Time Administrative Abatement program that ends on February 29 this year.

The Abatement program would make it easier for taxpayers to settle their delinquent accounts without penalties and surcharges which eventually will increase BIR's tax collections, she explained during the radio program "ARENA XI" forum over DXRP Radyo ng Bayan anchored by Josette Olivera and the Philippine Information Agency.

Together with Revenue District Officer Jose Eric Furia during said radio forum, the latter said that the BIR's One-Time Abatement program covers cases involving delinquent accounts, account receivables, second time tax installments, dishonored checks, and administrative protests pending in the BIR and its various offices or districts across the country.

Also covered are assessed cases, whether preliminary or final, as of June 2006; civil tax cases in the Department of Justice and the courts including decided cases which are not yet final and executory; collection cases filed with the courts except in the case of the Presidential Commission on Good Government; and cases with pending requests for compromise settlement, among others.

The program is part of the Administration's campaign to increase tax collection and enhance payments for delinquent taxpayers. (PIA) [top]

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