Professional Documents
Culture Documents
SANTOS, Jomarco
Taxation I:
TAX ADMINISTRATION
(Assessment and Collection)
This is the act of administration
and implementation of the tax
law by executive through its
administrative agencies.
1. Bureau of Internal
internal revenue taxes
Revenue
2. Bureau of Customs
customs law enforcement
3. Provincial,
Kinds of Assessment
1.Self-Assessment
2.Deficiency Assessment
3.Illegal and Void Assessment
4.Erroneous Assessment
Networth Method
-inventory method of income tax verification.
Networth Method
Condition for its use:
taxpayers books do not clearly reflect his income or the
taxpayer has no books, or if he has books, he refuses to
produce them;
there is evidence of possible source or sources of income to
account for increases in networth;
there is a fixed starting point or opening networth; and
there must be proper adjustments to conform with the income
tax laws.
Tax Laws and Administrative Enforcement
A. Disputed Assessment
B. Refunds of internal revenue taxes, fees
and charges
C. Penalties imposed in relation thereto
D. Other matters arising from this Code or
other laws or portions thereof administered
by the BIR subject to the exclusive appellate
jurisdiction of the CTA
If a man is unjust, a
man is not only right to
disobey
it,
he
is
obligated to do so.
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Thomas
Jefferson