Deficiency Tax Assessments of P100 or Less Shall No Longer Be Assessed Nor Be Collected

December 8, 1987 REVENUE MEMORANDUM ORDER NO. 39-87 SUBJECT : Deficiency Tax Assessments of P100 or Less Shall No Longer Be Assessed Nor Be Collected TO : All Internal Revenue Officers and Others Concerned In order to save man-hours for a more productive endeavor and minimize cost in collecting delinquent accounts and surcharges Section 204 and to be the last sentence of the first paragraph of Section 205 of the Tax Code, as amended, deficiency tax assessments of P100 or less, excluding surcharge and interest, shall no longer be assessed nor be collected. The exception to this policy, however, is in a case where, in a single investigation, several assessments were made against the taxpayer and the total deficiency tax assessments, excluding surcharge and interest, exceeds P100, all of the said assessments shall be collected. acd All of the previous deficiency tax assessments involving P100 or less shall be removed from your General Control Ledger in the following manner: List all of those deficiency tax assessments of P100 or less under BIR Form No. 12.47 and issue one (1) ATCA for all of them, and show as a credit entry under the column "ATCA" of the General Control Ledger. The total number of cases cancelled or removed and the total amount involved. Copies of the list under BIR Form No. 12.47 and copies of the ATCA be distributed according to existing instructions. Effective January 1988, your General Control Ledger shall no longer include any deficiency tax of P100 or less. Any Order or any provision thereof which is inconsistent herewith is hereby revoked or modified accordingly. cd i (SGD.) BIENVENIDO A. TAN, JR. Commissioner