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BIR Ruling [UN-096-95]

BIR Ruling [UN-096-95] • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Mar 8, 1995

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March 8, 1995 BIR RULING [UN-096-95] 1st Indorsement Referred to the Revenue District Officer, RDO No. 112, Tagum, Davao del Norte, the herein docket bearing on the deficiency income and business taxes assessments FOR THE TAXABLE YEAR 1987 of the RURAL BANK OF MONKAYO, INC., c/o Ms. Marita D. Tuazon, National Highway, Monkayo, Davao del Norte, involving the amounts of P298,813.37 and P98,472.53 assessed under FAN-1-87-91-000428 and FAN-4-87-91-000429, both dated January 18, 1991, inviting attention to our letter to subject taxpayer on even date (copy attached), which is self-explanatory. cdtech If the taxpayer fails to pay the respective amounts of P298,813.37 and P98,472.53 within ten (10) days from its receipt of the aforesaid letter, collection thereof should be enforced by executing the WARRANTS OF DISTRAINT AND LEVY against the properties of aforesaid taxpayer. LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue

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