BIR Verification on proper VAT computation of Health Maintenance Organizations (HMOs) [Revenue Memorandum Circular No. 39-2010]
Revenue Memorandum Circular [RMC] No. 39-2010
dated May 21, 2010
The taxable base of Health Maintenance Organizations (HMOs) for VAT purposes shall be the gross receipts without any deduction for medical utilization (medical and dental fees, hospital bills, laboratory fees, professional fees, etc.), pursuant to Revenue Regulations No. 16-2005, as amended.
Issuance of Subpoena Duces Tecum for failure of taxpayers to show their books of accounts (RMO No. 45-2010)
Revenue Memorandum Order (RMO) No. 45-2010
dated May 12, 2010
The BIR reminds taxpayers of their responsibility to comply with the requests of the BIR to produce their books of accounts and/or other records and documents in the course of a tax investigation and/or access to records requests.
Immediate enforcement of collection on disputed assessments covered by final decisions of the Commissioner or its representative (RMO No. 42-2010)
Revenue Memorandum Order (RMO) No. 42-2010
dated May 4, 2010
The RMO forewarned taxpayers that the BIR can immediately enforce collection on disputed assessments and can immediately issue Warrants of Distraint, Garnishment, and/or Levy upon the happening of the following events:
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