Field Operations Exempted from the Requirements of RMO NO. 70-94

January 31, 1995 REVENUE MEMORANDUM ORDER NO. 05-95 SUBJECT : Field Operations Exempted from the Requirements of RMO NO. 70-94 TO : All Internal Revenue Officers and Others Concerned I. OBJECTIVES: 1. To safeguard the revenue potential of prescribing tax cases. 2. To expedite the processing of claims for tax credit/refund. 3. To facilitate the transfer of properties subject to estate, donors capital gains taxes. 4. To effectively utilize the third party information gathered by the Assessment Service and referred to Revenue District Offices. 5. To ensure immediate action on priority enumerated under RMO 70-94. II. GUIDELINES AND PROCEDURES: 1. The following cases are exempted from the requirements of RMO No. 70-94: a. The investigation of internal revenue tax cases which will prescribed on or before April 15, 1995. b. Claims for tax credit/refund. c. Estate tax cases, including current and prior years unaudited internal revenue tax liabilities of the decedent. d. Donor's tax cases. e. Cases involving the transfer of shares of stock and real property requiring issuance of certificates authorizing registration f. Cases involving retirement from business. g. Cases based on third party information referred by the Assessment Service to the Regional and District Offices for audit/investigation. h. Those specifically to be authorized by the Commissioner of Internal Revenue. 2. Revenue District Offices are required to secure a certification of satisfactory completion of priority work from the concerned Assistant Commissioners and/or Regional Directors under RMO 70-94 prior to the full resumption of their field operations. III. EFFECTIVITY. This Order shall take effect immediately. LIWAYWAY VINZONS-CHATO Commissioner Internal Revenue