Question & AnswerQ&A (BIR REVENUE MEMORANDUM ORDER NO. 56-2000)
It amends the revised schedule of suggested compromise penalties under Revenue Memorandum Order No. 1-90 for violations of Section 264 of the National Internal Revenue Code of 1997 relating to printing, possession, use, and issuance of sales or commercial invoices.
A fine of not less than One Thousand Pesos (P1,000.00) but not more than Fifty Thousand Pesos (P50,000.00) and imprisonment of not less than two (2) years but not more than four (4) years.
No, some violations such as issuance of invoices that understate the transaction amount and possession or use of multiple or double receipts or invoices are not qualified for compromise.
For the first offense, the compromise penalty is One Thousand Pesos (P1,000.00), and for the second offense, Two Thousand Five Hundred Pesos (P2,500.00).
For the first offense, the suggested compromise penalty is Ten Thousand Pesos (P10,000.00), and for the second offense, Twenty Thousand Pesos (P20,000.00).
First offense: Twenty-Five Thousand Pesos (P25,000.00), second offense: Fifty Thousand Pesos (P50,000.00).
Receipts or invoices must bear consecutive numbers, name of taxpayer, business style, business address, Taxpayer Identification Number (TIN), name, address, date, authority number of the printer, and inclusive serial numbers of the batch.
Yes, the Commissioner or authorized representative may accept a compromise amount higher than prescribed, and lower amounts may be accepted after approval by the Commissioner.
All offers of compromise must be made by accomplishing the form shown in Annex "A" of the order.
It took effect immediately upon its adoption on December 1, 2000.