REVENUE MEMORANDUM CIRCULAR NO. 15-2020 issued on February 27, 2020 prescribes the manner on how concerned taxpayers shall be informed of the procedures in responding to the issuance of Deficiency Tax Assessments arising from the conduct of audit/investigation.

A guideline (Annex A of the Circular) containing the “Procedures in Responding to the Deficiency Tax Assessments” shall be furnished to the taxpayer during the Discussion of Discrepancy.