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8box Solutions Inc.


Contact Number: 09369340340

REVENUE MEMORANDUM CIRCULAR NO. 127-2020 issued on December 4, 2020 suspends all audit and other field operations of the Bureau of Internal Revenue relative to examinations and verifications of taxpayers’ books of accounts, records and other transactions for the period December 15, 2020 to January 7, 2021. Thus, no field audit, field operations, or any form of business visitation in execution of eLetters of Authority/Audit Notices, or Mission Orders should be conducted. Likewise, no written orders to audit and/or investigate taxpayers’ internal revenue tax liabilities shall be served except in the following cases:
 Investigation of cases prescribing on or before April 15, 2021;
 Tax evasion cases;
 Processing and verification of Estate Tax returns, Donor’s Tax returns, Capital Gains Tax returns and Withholding Tax returns on the sale of real properties or shares of stocks, together with the Documentary Stamp Tax returns related thereto;
 Examination and/or verification of internal revenue tax liabilities of taxpayers retiring from business;
 Audit of National Government Agencies (NGAs), Local Government Units (LGUS) and Government-Owned and Controlled Corporations (GOCCs), including subsidiaries and affiliates of GOCCs;
 Monitoring of privilege stores (tiangge); and
 Other matters/concerns where deadlines have been imposed or under the orders of the Commissioner of Internal Revenue.

Examiners and investigators shall make use of this period to do office work on their cases and to complete the report on those with already completed field work. Service of Notices to avail the Tax Amnesty on Delinquencies, Estate Tax Amnesty and Voluntary Assessment and Payment Program (VAPP) should still be effected.

Taxpayers may pay voluntarily their known deficiency taxes without the need to secure authority from concerned Revenue Officials.