Formats and Contents of the Application for Abatement Program and Termination Letter under Rev. Reg. 15-2007

January 4, 2008 REVENUE MEMORANDUM CIRCULAR NO. 002-08 SUBJECT : Circularizing the Formats and Contents of the Application for Abatement Program and The Termination Letter Specified as Annexes "A" and "B", Respectively, of Revenue Regulations No. 15-2007 TO : All Internal Revenue Officers, Employees and Others Concerned For the information and guidance of all internal revenue officers, employees and others concerned, publishing herewith are the formats and contents of the Application for Abatement Program and the Termination Letter specified as Annexes "A" and "B", respectively, of Revenue Regulations No. 15-2007. All internal revenue officers, employees and others concerned are hereby enjoined to be guided accordingly and to give this Circular a wide publicity as possible. (SGD.) LILIAN B. HEFTI Commissioner of Internal Revenue ANNEX A APPLICATION FOR ABATEMENT PROGRAM (Under Revenue Regulations No. _____) ______________ (Date) The Commissioner of Internal Revenue _______________________________ _______________________________ _______________________________ Dear Sir/Madam : Please consider this as an application for abatement under Revenue Regulations No. ______. The following is/are my/our deficiency tax/es or assessment/s: aTCADc Name of Taxpayer : _________________________________ Address : _________________________________ TIN : ______________________ Taxable Year Covered : ______________________ Assessment Notice No. : _________________________________ Type of Tax : _________________________________ Total Amount: _________________________________ Basic _________________________________ Surcharge _________________________________ Interest _________________________________ Compromise Penalty _________________________________ Status of the Case : _________________________________ Attached is the triplicate copy of Abatement Program Payment Form (BIR Form No. 0618) reflecting payment of 100% of the basic tax due in the amount of P____________. Very truly yours, _______________________________ Taxpayer/Authorized Representative (Signature Over Printed Name) _____________________ Position Contact person/s: Name: _______________________ Telephone No.: ________________ E-mail Address: ________________ ANNEX B TERMINATION LETTER (Abatement Program Under RR No. ______) Case No. __________ ____________ (Date) __________________ __________________ __________________ Sir/Madam : This refers to your availment of the ADMINISTRATIVE ABATEMENT of all penalties, surcharge and interest, pursuant to the provisions of Section 204 (B) of the Tax Code, as amended, and implemented by Revenue Regulations No . _______, bearing on your internal revenue tax liabilities, to wit: THDIaC NAME OF TAXPAYER : _________________________________________ ADDRESS : _________________________________________ TIN : _________________________________________ ASSESSMENT NO. : _________________________________________ DATE OF ASSESSMENT : _________________________________________ PERIOD COVERED : _________________________________________ TAX TYPE : _________________________________________ BASIC TAX : _________________________________________ SURCHARGE : _________________________________________ INTEREST : _________________________________________ COMPROMISE PENALTY : _________________________________________ TOTAL AMOUNT DUE : _________________________________________ AMOUNT PAID : _________________________________________ BANK O.R. NO. : _________________________________________ BANK VALIDATION NO. : _________________________________________ BANK BRANCH : _________________________________________ ROR NO. (if applicable) : _________________________________________ RCO NAME (if applicable) : _________________________________________ In this connection, we are pleased to inform you that in view of your availment of the aforesaid benefits granted under the special provisions of Section 204 (B) of National Internal Revenue Code (NIRC), as amended, and its implementing rules and regulations, and the payment of the total amount of __________________, representing ONE HUNDRED PERCENT (100%) of the basic tax assessed under this ABATEMENT PROGRAM, the tax liability stated above is hereby CLOSED and TERMINATED. Very truly yours,