Reportorial Requirements of the Large Taxpayers Service

November 28, 2011 REVENUE MEMORANDUM ORDER NO. 047-11 SUBJECT : Reportorial Requirements of the Large Taxpayers Service TO : All Revenue Officials, Employees and Others Concerned I. Objectives This order is being issued to: 1. Prescribe the reports to be submitted by offices under the Large Taxpayers Service (LTS). 2. Avoid duplication or overlapping of reports and reduce the burden on said offices to afford more time and resources on collection and enforcement activities. II. Policies and Guidelines The following policies and guidelines shall be observed: 1. All reports specified under Annex "A" shall be submitted within the prescribed deadlines. 2. The format of the report as prescribed in the pertinent issuance including all other information as prescribed in Annex "A" shall be strictly complied. 3. Submission of reports not listed in Annex "A" shall be discontinued. 4. The Inventory of Reports Required marked as Annex "A" shall be updated as the need arises or in the event that the submission of an existing report shall no longer be required. III. Repealing Clause All issuances and/or portion thereof not consistent with the provisions of this Order are hereby repealed or amended accordingly. DHCcST IV. Effectivity This Order shall take effect immediately. (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue ANNEX A Inventory of Reports Required Large Taxpayers Service Frequency/Deadline of Name of Report Reference Issuance Responsible Office Submission Distribution Manner of Submission 1. Monthly Accomplishment Report a. Summary of Collection RMO Nos. 29-2007 All Offices under Monthly not later ACIR/HREAs, LTS Hard/soft copy and Assessment from and 34-2007; LTS LTS than the 15th day Audit Activities Operations Memo after end of month dtd. Oct. 4, 2002 (eom) b. Status of Letter of LT Performance Authorities/Tax Monitoring & Programs Verification Notices/ Division (LTPMPD) Memorandum of Agreements/Letter Notices issued and acted upon c. Inventory of pending Planning Division cases (with aging) (consolidated) d. Report on Collection Enforcement Activities (Delinquent Accounts) e. Comparative Collections, by Implementing Offices, by Major Tax Types, by Manner/Nature of Collections 2. Daily Comparative and RMO No. 66-1999 LT Document Daily not later ACIR/HREAs, LTS Hard/soft copy Cumulative Collection Processing & than 10:00 a.m. LTS Audit Divisions Report Quality Assurance after end of each LTPMPD Division day LTFOD (LTDPQAD) 3. Monthly Report of All RMO No. 35-2002 Excise Taxpayers Monthly not later ACIR, LTS Soft Copy (e-mail to Issued & Processed Regulatory Division than the 10th day LTPMPD magdalena.ancheta Authority to Release (ETRD) after eom LTFOD @bir.gov.ph and Imported Goods (ATRIGs) trinidad.andres@bir .gov.ph 4. Monthly Comparative LTS Operations LTPMPD Monthly not later ACIR, LTS Hard copy Report on Volume of Memo No. 16-2003 than the 25th day HREA, LTS (Excise) Removals & Excise Tax dated 12/22/2003 after eom Statistics Division Collections from Excise Taxpayers 5. Monthly Report of Tax RMO No. 20-91 LT Collection Monthly not later ACIR, LTS Hard copy Debit Memo. (Beg. Bal. Enforcement than the 10th day LTPMPD Received, Issued & Division after eom ACIR, Collection Ending/Outstanding (LTCED)/LTDOs Service (Attn: RAD) Balance) Supervising COA Auditor 6. Quarterly Accounts RMO No. 81-2010 LTCED/LTDOs Quarterly not later LTPMPD Soft Copy (e-mail to Receivable Collection (for the than the 10th day magdalena.ancheta Effort and Collection consolidated after end of each @bir.gov.ph Efficiency quarterly physical quarter (eoq) report of operations) 7. Monthly Report of Non- Unnumbered LT Audit Divisions/ Monthly not later ACIR & HREAs, LTS Soft Copy (e-mail to Recurring Transactions Memorandum LTDOs/LTFOD than the 15th day LTPMPD magdalena.ancheta dated July 15, 2009 after eom @bir.gov.ph 8. Monthly Report on LTS Operations LT Audit Divisions/ Monthly not later ACIR & HREAs, LTS Soft Copy (e-mail to Drastic Change Memo No. 9-2004 LTDOs/LTFOD than the 15th day LTPMPD magdalena.ancheta Analysis in Tax Payments after eom @bir.gov.ph 9. Monthly Report on LTS Operations LTPMPD Monthly not later ACIR & HREAs, LTS Hard/Soft Copy Analysis in LTS Memo No. 9-2004 than the 15th day Overall Collection after eom Performance 10. Comparative Monthly/ LTS Operations ISOS-Data Center Monthly not later LTPMPD Soft Copy (e-mail to Quarterly VAT Data Memo No. 9-2004 than the 5th day magdalena.ancheta (all fields) based on VAT (For Drastic Change after eom @bir.gov.ph returns filed by LTS Analysis) Quarterly not later taxpayers than the 5th day after eoq 11. Comparative Quarterly/ LTS Operations ISOS-Data Center Quarterly not later LTPMPD Soft Copy (e-mail to Annual Income Tax Data Memo No. 9-2004 than the 5th day magdalena.ancheta (all fields) based on ITR (For Drastic Change after eoq @bir.gov.ph filed by LTS taxpayers Analysis) Annually not later than the 10th day after April 15 of each year