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    Tax Remedies (Reviewer)

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    Equi Tin
    This document outlines tax remedies and procedures in the Philippines. It discusses administrative and judicial remedies available to taxpayers, as well as requirements for issuing a Preliminary Assessment Notice (PAN) and Final Assessment Notice (FAN). The PAN must be in writing and state the facts and laws on which an assessment is made. Exceptions to PAN issuance include mathematical errors and unpaid excise taxes. Taxpayers have 15 days to reply to a PAN before a FAN can be issued. Local taxes must benefit local governments, not be confiscatory, and be for public purposes according to law.

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    Tax Remedies (Reviewer)

    Uploaded by

    Equi Tin
    172 views2 pages
    This document outlines tax remedies and procedures in the Philippines. It discusses administrative and judicial remedies available to taxpayers, as well as requirements for issuing a Preliminary Assessment Notice (PAN) and Final Assessment Notice (FAN). The PAN must be in writing and state the facts and laws on which an assessment is made. Exceptions to PAN issuance include mathematical errors and unpaid excise taxes. Taxpayers have 15 days to reply to a PAN before a FAN can be issued. Local taxes must benefit local governments, not be confiscatory, and be for public purposes according to law.

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    Tax Remedies

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    This document outlines tax remedies and procedures in the Philippines. It discusses administrative and judicial remedies available to taxpayers, as well as requirements for issuing a Preliminary Assessment Notice (PAN) and Final Assessment Notice (FAN). The PAN must be in writing and state the facts and laws on which an assessment is made. Exceptions to PAN issuance include mathematical errors and unpaid excise taxes. Taxpayers have 15 days to reply to a PAN before a FAN can be issued. Local taxes must benefit local governments, not be confiscatory, and be for public purposes according to law.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    172 views2 pages

    Tax Remedies (Reviewer)

    Uploaded by

    Equi Tin
    This document outlines tax remedies and procedures in the Philippines. It discusses administrative and judicial remedies available to taxpayers, as well as requirements for issuing a Preliminary Assessment Notice (PAN) and Final Assessment Notice (FAN). The PAN must be in writing and state the facts and laws on which an assessment is made. Exceptions to PAN issuance include mathematical errors and unpaid excise taxes. Taxpayers have 15 days to reply to a PAN before a FAN can be issued. Local taxes must benefit local governments, not be confiscatory, and be for public purposes according to law.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    TAX REMEDIES

    Taxpayer
    Administrative Protest (Reinvestigation or Reconsideration) and Compromise
    Judicial Civil or Criminal
    Substantial Non-retro; Validity/Constility of Tax Law; Right to be informed of facts and legal
    basis;
    PAN Requisites
    i.
    ii.

    In writing
    States facts and laws on which assessment is made

    Exceptions to the PAN Issuance (MEDEC)


    Mathematical error in computation resulting to discrepancy in tax appearing in return and
    tax payable
    Excise tax on excisable goods not paid
    Discrepancy in amount of tax withheld and that paid by withholding agent
    Exempt persons transfer or sale of goods locally purchased or imported including but not
    limited to vehicle, spare parts and machineries to non-exempt persons
    Credit on taxes paid on the previous year opted to be refunded by the taxpayer but appears
    to have been carried over and applied to liability during the succeeding taxable year.

    Reply to PAN
    Answer made by TP within 15 days from receipt of PAN contesting the findings of the Regl
    Officer. Without this, FAN can be issued.

    FAN Requisites
    i.
    ii.

    In writing
    States facts, laws, jurisprudence, regulations on which assessment is made

    Local Taxes
    i.
    ii.
    iii.
    iv.

    Inure to the benefit of LGU


    Evolve a progressive form
    Subject to equality
    Uniform

    v.
    vi.
    vii.

    viii.

    Not confiscatory
    Not let to the determination of private indiv/entities
    For a public purpose
    Not contrary to law

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