Supplement to RMO 1-88, Administrative Compromise Settlement of Delinquent Accounts

August 26, 1988 REVENUE MEMORANDUM ORDER NO. 36-88 SUBJECT : Supplement to RMO 1-88, Administrative Compromise Settlement of Delinquent Accounts TO : All Internal Revenue Officers and Others Concerned This Order is issued to broaden the limitation in the settlement of delinquent accounts by way of compromise payments, pursuant to the powers vested on me under the provisions of Section 204 of the National Internal Revenue Code, as amended. Accordingly, Paragraph 2 of RMO No. 1-88 shall now read as follows: cd xxx xxx xxx 2. Disqualification - The following delinquent accounts are not eligible for compromise settlement under this Order: 2.1. Capital gains tax; 2.2. Estate or gift tax; 2.3. Premium tax; 2.4. Unremitted withheld withholding taxes; 2.5. Documentary stamp tax; 2.6. The criminal aspect of tax cases involving fraud already filed in court; 2.7. Tax due per return; 2.8. Second installment on income tax; 2.9. Delinquent accounts with duly approved schedule of payments; 2.10. Unpaid compromise amount or balance thereof, under Executive Order Nos. 41, 44 or other compromise agreements; and 2.11. Delinquent accounts arising out of dishonored checks. The above-listed delinquent accounts may be settled by payment of the full basic tax excluding the surcharge and all other increment incident to delinquency. xxx xxx xxx This Order shall take effect immediately. (SGD.) BIENVENIDO A. TAN, JR. Commissioner