Amendment in the Due Process Requirement in the Issuance of a Deficiency Tax Assessment | 14 September 2023

If a taxpayer is found to be liable for deficiency tax or taxes in the course of an investigation conducted by a Revenue Officer, the taxpayer shall be informed through a Notice of Discrepancy

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Alburo Law
September 14, 2023

Amendment in the Due Process Requirement in the Issuance of a Deficiency Tax Assessment

The Notice of Discrepancy aims to fully afford the taxpayer with an opportunity to present and explain his side on the discrepancies found. The Revenue Officer who audited the taxpayer’s records shall, among others, state in the initial report of investigation his findings of discrepancies. Based on the said Officer’s submitted initial report of investigation, the taxpayer shall be informed, in writing, by the Revenue District Office or by the Assessment Division/Regional Investigation Division, as the case may be (in the case of Revenue Regional Offices) or by the Chief of Division concerned (in the case of the BIR National Office) of the discrepancy or discrepancies in the taxpayer’s payment of his internal revenue taxes, for the purpose of the “Discussion of Discrepancy”

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