Briefing on RA 10963: Tax

Reform for Acceleration and

Inclusion (TRAIN) – Power and
Authority of the Commissioner
NIRC Provision NIRC TRAIN

Section 5 (B) Provides for the authority of the Additional provision:

Power of the Commissioner to obtain
Commissioner to information from national and local The Cooperative Development
obtain governments, government Authority shall submit a report on tax
information to agencies and instrumentalities incentives availed by cooperatives to
summon, the BIR and DOF.
examine and
take testimony of These information shall be included
persons in the Tax Incentives Management
and Transparency Act (TIMTA)
database.

TRAIN Briefing – Power & Authority of the CIR

VER 1.0 – January 2018
 NIRC NIRC TRAIN
Provision
Section 6 The Commissioner or his duly Additional proviso:
Power of the authorized representative may This authority is nothwithstanding
Commissioner to authorize the examination of any law requiring the prior
make taxpayer and assessment of the authorization of any government
assessments correct amount of tax. agency or instrumentality.
and prescribe
additional
requirements for
tax
administration
and enforcement

TRAIN Briefing – Power & Authority of the CIR

VER 1.0 – January 2018
NIRC Provision NIRC TRAIN

Section 6 The Commissioner has the In exercising this authority, the following shall be
Power of the authority to determine fair observed:
Commissioner to market value of real 1. Mandatory consultation with both private and
make properties. public competent appraisers before division of
assessments and the Philippines into zones.
prescribe 2. Prior notice to affected taxpayers before the
additional determination of fair market values of the real
requirements for properties.
tax administration 3. Publication or posting of adjustments in zonal
and enforcement value in a newspaper of general circulation in
the province, city or municipality concerned.
4. The basis of valuation and records of
consultation shall be public records open to
the inquiry of any taxpayer.
5. Zonal valuations shall be automatically
adjusted once every three years.
TRAIN Briefing – Power & Authority of the CIR
VER 1.0 – January 2018