What are compromise penalties in tax cases? | 15 December 2024

A compromise penalty is an amount of money paid by a taxpayer to compromise a tax violation that he has committed, instead of the BIR instituting a criminal action against the taxpayer.

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Alburo Law
December 15, 2024

A compromise penalty is an amount of money paid by a taxpayer to compromise a tax violation that he has committed. (Section 6, BIR Revenue Regulation No. 12-99) 

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