Submission of Monthly Report on One-Time Transactions

January 5, 2012 BIR MEMORANDUM TO : All Regional Directors All Revenue District Officers SUBJECT : Submission of Monthly Report on One-Time Transactions In order to effectively monitor collections from One-Time Transactions (ONETTs), all Revenue District Offices are hereby directed to submit a Monthly Status/Accomplishment Report on One-Time Transactions at their respective offices. To ensure the uniformity of the information to be supplied in the Monthly Status/Accomplishment Report, the attached Format (Annex A) shall be utilized in the preparation of the Report, which must reflect all ONETT transactions, regardless of whether the corresponding CAR has been issued or not. In addition, an Inventory of all pending ONETT dockets (using the format provided in Annex B of this Memo), as of 31 October 2011, must be submitted to this Office not later than 31 January 2012, together with the Monthly Status/Accomplishment Report for the months of November and December 2011. Thereafter, the Monthly Status/Accomplishment Report must be submitted to the Office of the Commissioner not later than the 20th day of the month immediately following the period covered by a particular report. For your information and compliance. DTISaH (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue ATTACHMENT Monthly Status/Accomplishment Report on One-Time Transactions Inventory of One-Time Transaction (ONETT) Cases