Tax notes: Resumption of issuance of eLAs

WITH the issuance of Revenue Memorandum Order (RMO) 69-2010, the temporary suspension of electronic letters of authority (eLA) has now been resumed effective Aug. 11.

Previously, the issuance of eLA was temporarily suspended under Revenue Memorandum Circular (RMC) 61-2010. The temporary suspension, however, has now been lifted under RMO 69-2010.

All LAs, whether manual or electronic, issued from March 1, 2010 covering cases for 2009 and other taxable years, including LAs issued by the BIR commissioner pursuant to RMC 61-2010, shall be replaced with the new eLA (using BIR Form 1966).

Also, all revenue officers (RO) ordered to conduct audit/investigation through manually issued LAs issued prior to July 1, 2010 should continue their investigation/audit subject to the retrieval of the LA and its replacement with eLA.

Likewise, RMO 69-2010 provides for the guidelines on the issuance of tax verification notice (TVN), and memoranda of assignment (MOA). All TVNs/MOA/referral memos issued starting March 1 should be retrieved and converted to the appropriate documents to be issued by the BIR (LAs issued for estate to be converted to TVN, TVN issued for donation or other ONETT transactions should be converted to MOA).

(Source: Punongbayan & Araullo)

Trending

No stories found.

Just in

No stories found.

Branded Content

No stories found.
SunStar Publishing Inc.
www.sunstar.com.ph