Investigation of 1971 Tax Cases

January 14, 1972 REVENUE MEMORANDUM CIRCULAR NO. 01-72 SUBJECT : Investigation of 1971 Tax Cases TO : All Revenue Officers, Employees and Others Concerned In order to avoid conflicts in the issuance of Authorities to Investigate between the National and Regional Offices and to facilitate the investigation of tax cases on the line of industry basis, it is necessary that a listing be made of the taxpayers showing therein the division in the National Office or the regional office that will have jurisdiction over the tax case of the taxpayer. Since the list is still under preparation and inasmuch as the income tax returns are to be filed until April 15, 1972, all Revenue Operations Heads, Regional Directors, Division Chiefs, Revenue District Officers concerned are hereby enjoined not to issue any Authority to Investigate for any income tax case, business tax case, fixed tax case, inventory case or such other kind of tax either in whole or in part until such time as the list has been finalized and published in the newspapers. Appropriate instructions will be issued on when the investigation of 1971 tax case can start. This prohibition involves the 1971 tax cases of taxpayers and for this purpose, corporations filing on a fiscal year basis are considered as a 1971 return if filed after June 30, 1971; if the return is filed before June 30, 1971, it is considered as a 1970 return. Please be guided accordingly. cdt MISAEL P. VERA Commissioner of Internal Revenue APPROVED: CESAR VIRATA Secretary of Finance