Final Extension of the Effectivity of Revenue Memorandum Order No. 45-93, as Amended by Revenue Memorandum Order No. 54-93, on Compromise Settlement/Abatement of Penalties

March 30, 1994 REVENUE MEMORANDUM ORDER NO. 22-94 SUBJECT : Final Extension of the Effectivity of R evenu e Memorandum Order No. 45-93, as Amended by Revenue M emoran dum Order No. 54-93, on Compromise Settlement/Abatement of Penalties TO : All Internal Revenue Officers and Others Concerned To afford taxpayers ample time to settle their delinquent accounts by way of compromise payments or abatement of penalties for failure to file required return and pay the corresponding tax; or failure to report and pay the correct amount of tax; or failure to pay the full amount of tax due per tax return already filed pursuant to Section 204 of the National Internal Revenue Code, as amended by R.A. No. 7646, the effectivity of Revenue Memorandum Order No. 45-93, as amended and extended by Revenue Memorandum Order No. 54-93 to March 31, 1994, is hereby extended to June 30, 1994. This order shall take effect immediately. LIWAYWAY VINZONS-CHATO Commissioner