REVENUE MEMORANDUM ORDER NO. 16-2016 issued on May 3, 2016 prescribes the guidelines and process of reporting the paid campaign promotions contracted through media outfits, such as, but not limited to, television and radio commercials, print ad or publications and online advertisements, of candidates in the May 9, 2016 National and Local Elections. All media outfits, whose services have been secured and paid to promote individuals and party-list groups who are candidates in the May 9, 2016 National and Local Elections, shall submit to the BIR information relative to said promotions. The report shall cover all paid promotions made reckoned from three (3) month period prior to the start of the campaign period until the end of the campaign period as set by the COMELEC for National and Local Candidates, to wit: Candidates Covered Campaign Period Period Covered by the Report President, Vice-President, Senator and party-list groups participating in the party-list system of representation February 9, 2016 to May 7, 2016 (COMELEC Resolution No. 9981 dated August 18, 2015) November 9, 2015 to May 7, 2016 Members of House of Representatives, elective regional, provincial, city, municipal officials March 25, 2016 to May 7, 2016 (COMELEC Resolution No. 9981 dated August 18, 2015) December 25, 2015 to May 7, 2016 The Report and its soft copy (in DVD-R) shall be submitted together to the appropriate Revenue District Office (RDO) where the subject media outfit is duly registered, or to the Large Taxpayers Division (LTD-National Office/Makati/Cebu), for those duly registered with the Large Taxpayers Service (LTS), not later than fifteen (15) days from end of campaign period or until May 22, 2016. Non-compliance with this Order shall be subject to the following: a) imposition of penalty of P1,000.00 for each failure to submit within the prescribed period as provided by Section 250 of the National Internal Revenue Code of 1997, as amended, and RMO No. 7-2015. However, “willful failure” implies fraud which cannot be compromised as stated in the same RMO; and b) inclusion in the priority audit program of the concerned investigating BIR office. The payment of the appropriate penalty shall not relieve the media outfit from the submission of the prescribed report.