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PIA Press Release
2008/02/12

Tax amnesty eyed to boost tax collection

by ES Subong

Iloilo City (12 February) -- The Bureau of Internal Revenue (BIR) Region 11 is intensifying the implementation of Republic Act No. 9480 through a grant of Amnesty on all unpaid Internal Revenue taxes imposed by the national government for taxable year 2005 and prior years which became effective in June 16, 2007.

BIR Dir. Atty. Alert Alocilja said the Amnesty Program is open to individuals, whether residents or non-resident citizen or resident, or non resident aliens, estates and trusts, corporations, corporations, cooperative and tax exempt entities that have become taxable as of December 31, 2005.

Also Included in the program are other juridical entities, including partnership could avail of such amnesty.

Alocilja said the Amnesty program also offers benefits and privileges such as immunity from payment of taxes as well as additions, and the attached civil, criminal or administrative penalties under the National Internal Revenue Code of 1977, as amended arising from failure to pay any and all internal revenue taxes for taxable year 2005 and prior years.

Further, the BIR director said, the books of accounts and other records of the tax payer for the years covered by the tax amnesty availed of shall not be examined by the BIR.

The Commissioner of Internal Revenue or his authorized representative, howver, may authorize in writing the examination of the said books of accounts and other records to verify validity or correctness of a claim for any tax refund, tax credit, tax incentives under existing laws.

Details of the Tax Amnesty Program as stated in the Tax Amnesty Act of 2007 can be obtained from BIR offices in the region, as well as through www.bir.gov.ph. The program is until March 6, 2008 only. (BIR/PIA 6) [top]

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