Filing of income tax returns for the year 1975

February 5, 1976 REVENUE MEMORANDUM ORDER NO. 08-76 SUBJECT : Filing of income tax returns for the year 1975 TO : Officials and employees of the Bureau of Internal Revenue In connection with the filing of income tax returns for the year 1975, there is quoted hereunder the last paragraph of Memorandum Circular No. 892 dated February 3, 1976. "All government employees are hereby urged to file their income tax returns as early as possible in order to avoid inconvenience which is usually attendant to the last hour filing practices of taxpayers." By this time all the BIR employees should have finished computing their income as well as the tax due thereon. Under Republic Act 3019 as amended, employees are required to file statement of assets, liabilities and networth every year not later than January 31st of the succeeding year. To insure accuracy in the preparation of the said statement and the fact that the items of income expenses are also included in the statement to be filed, it is necessary that the income for the year should be computed before the statement of assets, liabilities and networth is prepared. Since the aforementioned statements have already been filed at this date, it is presumed that the income of the employees have already been determined. In view of the foregoing and in order that the employees of the BIR can comply with the requirement of Memorandum Circular No. 892 and not to add to the filers on March 15, 1976, all employees of the Bureau of Internal Revenue shall file their income tax returns for the year 1975 not later than March 1, 1976 . Strict compliance herewith is hereby enjoined. aisa dc EFREN I. PLANA Acting Commissioner of Internal Revenue TAN-1456-040-3