Amendment and clarification of Revenue Memorandum Order No. 45-75, in relation to Letter of Instructions No. 308

August 29, 1975 REVENUE MEMORANDUM ORDER NO. 50-75 SUBJECT : Amendment and clarification of Revenue Memorandum Order No. 45-75, in relation to Letter of Instructions No. 308 TO : All Internal Revenue Officers and Others Concerned In order to avoid delays, mistakes and even misunderstandings, the clause "total tax due plus up-dated increments and penalties" appearing in the second paragraph of III-B of Revenue Memorandum Order No. 45-75, dated July 30, 1975, is hereby amended, and said paragraph shall read as follows: These cases may be settled and closed by the payment of an equivalent sum falling within the range of the following minimum and maximum percentages of the assessment/s, i. e. the total tax/es due plus interest/s, surcharge/s and compromise/s as stated in the final assessment notice and/or letter of demand. aisadc Accordingly, all statements in III-A and B of said RMO No. 45-75 mentioning "total tax liability/ies" or "total amount due" or words of similar import shall be understood to mean the total amount due as stated in the final assessment notice and/or letter of demand. Hence, there is no need for the computation and addition of additional interests, surcharges and/or compromises that may have accrued after the lapse of the due date stated in the final assessment notice and/or letter of demand for purposes of the action/decision/recommendation contemplated in Letter of Instructions No. 308 and Revenue Memorandum Order No. 45-75. All concerned are enjoined to be guided accordingly. MISAEL P. VERA Commissioner of Internal Revenue TAN 1601-593-5