Sample Protest Letter Tax: Assessment Philippines

, I have hereunto set my hand this [Day] of [Month], [Year] in [City], Philippines.

Receising a tax assessment notice from the Bureau of Internal Revenue (BIR) can be a nerve-wracking experience. In the Philippines, the BIR has broad powers to examine your books, re-evaluate your declared income, and issue a Formal Letter of Demand (FLD) or Final Assessment Notice (FAN). This document often demands payment of alleged deficiency taxes—sometimes amounting to hundreds of thousands, or even millions, of pesos. sample protest letter tax assessment philippines

The assessment incorrectly computed the net taxable income by failing to consider the approved carry-over of excess Minimum Corporate Income Tax (MCIT) from prior year. , I have hereunto set my hand this

[Signature over printed name] Affiant / Taxpayer [Year] in [City]