Allowing the Application for Registration of Persons Already Engaged in Business Subject to Value Added Tax to be Filed Not Later Than December 31, 1987 Upon Payment of Penalty

November 23, 1987 REVENUE MEMORANDUM ORDER NO. 30-87 SUBJECT : Allowing the Application for Registration of Persons Already Engaged in Business Subject to Value Added Tax to be Filed Not Later Than December 31, 1987 Upon Payment of Penalty TO : All Internal Revenue Officers and Others Concerned Reports received show that some persons already engaged in business subject to value added tax and required to register had failed to apply for registration when the deadline expired on October 29, 1987 as provided in Section 25(c) of Executive Order No. 273 but are now willing to apply for registration. Under Section 309 of the National Internal Revenue Code as amended, late registration under the aforementioned Section 25(c) constitutes a violation of the law but the criminal liability for such violation can be extrajudicially settled by payment of an acceptable compromise penalty. casia Since the value added tax law is a new system in the Philippines, and almost all taxpayers have not experienced its operation, the Bureau of Internal Revenue has decided to allow taxpayers who failed to apply for registration on October 29, 1987 to register until December 31, 1987 upon payment of twenty pesos (P20.00) as compromise penalty. This Memorandum Order shall take effect immediately. (SGD.) EUFRACIO D. SANTOS Deputy Commissioner (Officer-in-Charge)