Procedures for the Accomplishment and Processing of the Revised Monthly Summary of Taxes Assessed and/or Demanded (BIR Form No. 40.00)

May 31, 1965 REVENUE MEMORANDUM ORDER NO. 23-65 SUBJECT : Procedures for the Accomplishment and Processing of the Revised Monthly Summary of Taxes Assessed and/or Demanded (BIR Form No . 40 . 00) I Purpose This Order is issued to provide a complete and up-to-date information on the monthly tax assessments of the Bureau and to provide for an appropriate form which will be used for reporting purposes and also serve as basis for accounting of tax liabilities of taxpayers. II Procedures 1. The revised BIR Form No. 40.00 (Monthly Summary of Taxes Assessed and/or Demanded, sample attached) shall be used to report only original assessments and/or demands for all kinds of taxes. An original assessment and/or demand is one where so assessment notice and/or letter of demand has been previously issued to the taxpayer concerned and has not been taken up as collectible in the Bureau's book of accounts. This assessment and/or demand shall be reported in the Form No. 40.00 report for the particular month when the assessment or demand was approved. cdtech 2. In the National Office, the Revenue Operations Head (Assessment) and the Revenue Operation Head (Specific Tax) shall be responsible for preparing BIR Form No. 40.00 report for all approved original assessments and/or demands on taxes, the assessment of which falls within their respective responsibilities. For this purpose, upon approval of the assessment and or/demand, the tax docket or return prior to its transmittal to the Records Control Section, shall first be returned or coursed by the approving authority to the Revenue Operations Head concerned for recording of the assessment and for inclusion in their respective Form No. 40.00 reports. The above stated responsibilities for the preparation of BIR Form 40.00 report may, however, be delegated to any division or unit under Revenue Operations Head concerned provided the centralized control for the preparation thereof is maintained. 3. In the regional district, the Chief Income and Business Tax Branch shall be responsible for the preparation of Form No. 40.00 report for all original assessments and/or demands approved in the regional office. For this purpose, upon approval of the assessment and/or demand, the tax docket or return, prior to its transmittal to the Administrative Branch, shall first be returned or coursed by the approving authority to the Chief, Income and Business Tax Branch for recording of the assessment and/or demand and for inclusion in his monthly Form No. 40.00 report. The Regional District shall not include in their Form No. 40.00 report any data regarding tax cases over which the National Office has or has assumed jurisdiction. III Repealing and Effectivity Clause 1. All orders or portions thereof inconsistent with this Order are hereby repealed or modified. cdlex 2. This Order shall take effect on July 1, 1965. (SGD.) BENJAMIN N. TABIOS Acting Commissioner of Internal Revenue