Remedies for Notices Issued by BIR in the Tax Assessment Process

This course will discuss what comes next after the BIR has issued the Letter of Authority and the taxpayer has already submitted to the BIR the documents and schedules requested.  This will also cover the Preliminary Assessment Notice and the Formal Letter of Demand and Final Assessment Notice. The discussion will help refresh and update everyone’s knowledge of the tax assessment procedures and the remedies which the taxpayer must take for each stage of the process.

Specifically, the course will help you:

• Determine the inclusions listed in the Notice of Discrepancy when your client receives this notice,
• Explain the instances where a Preliminary Notice of Assessment shall not be required,
  
• Analyze the Supreme Court and Court of Tax Appeal ruling regarding the declaration of voided tax assessments in the case of Bac-Man, Avon, and MCC Transport Singapore
  
• Leverage the remedies available against Final Assessment Notice and Formal Letter of Demand when protesting these notices