BIR Ruling [DA-611-99]

October 25, 1999 BIR RULING [DA-611-99] Mr. Alexander Aguila 1103 West Tower Condominium South Superhighway Makati City S i r : This refers to your letters dated August 6 and September 20, 1999 claiming reward equivalent to 15% of the amount supposedly collected from General Textile, Inc . and JSY and Sons Enterprises, Inc . subject-matter of your Confidential No. 52-96. In connection therewith, please be informed that the report of investigation submitted by the revenue officer of the Tax Fraud Division who recommend that subject-taxpayers be assessed deficiency income and value added taxes for the year 1995 in the amounts of P733,013,035.85 and P325,642,778.16, respectively, is still being reviewed by Group Supervisor Albino Guyala, Jr., also of the Tax Fraud Division. As such, no taxes has so far been collected from subject-taxpayers. Since no assessment, much less any collection has been made, this Office cannot as yet grant your request for payment of informer's reward. Needless to state, an informer is entitled by way of reward only to a percentage of the taxes actually assessed and collected. (Meralco Securities Corporation vs. Savellano, et. al. (L-36181, October 23, 1982) and Commissioner of Internal Revenue vs. Savellano et. al. (L-36748, October 23, 1982) Rest assured however, that as soon as the review of the report of the investigation is terminated and the corresponding taxes assessed and collected from subject-taxpayers, this Office will immediately process your reward. Very truly yours, (SGD.) BEETHOVEN L. RUALO Commissioner of Internal Revenue