Clarification to RR No. 8-97 — Filing of Account Information Form (AIF) in Pilot Computerized Districts

March 31, 1997 REVENUE MEMORANDUM ORDER NO. 13-97 SUBJECT : Clarification to RR No. 8-97 Filing of Account Information Form (AIF) in Pilot Computerized Districts TO : All Internal Revenue Officers and Others Concerned The filing of the duly accomplished Account Information Form (AIF), containing, among others, information normally reflected in balance sheets and income statements, shall be sufficient compliance with the filing requirement laid down in Section 3 of Revenue Regulations No. 8-97 dated March 24, 1997, if said AIF is duly certified by an Independent Certified Public Accountant that it was prepared as a a result of the audit done on the taxpayer's book and accounting records and that the information contained therein fully reflects the results of the operations and the financial position of the taxpayer as of a given period. Simply stated, an income tax return filed together with the AIF, if such is accompanied by an Author's Certificate may be accepted without submitting a copy of a certified audited financial statements. For purposes of filing the 1996 income tax returns, the deadline for which falls due on April 15, 1997, filing of the AIF is required for all taxpayers within the jurisdiction of the following Revenue District Offices only: 1. RDO No. 20 Binondo 2. RDO No. 32 Quiapo, San Miguel, Sta. Mesa, Sampaloc 3. RDO No. 33 Ermita, Intramuros, Malate 4. RDO No. 52 Paraaque Other Revenue District Office will require the filing of the AIF once they have been computerized. All revenue officials and employees are enjoined to give this order as wide a publicity as possible. This order shall take effect immediately. LIWAYWAY VINZONS-CHATO Commissioner