I, [Name], under oath, state that the facts herein are true and correct based on our records.
The alleged deficiency for 2022 is based on an LOA issued on [date]. However, our 2022 Annual ITR was filed on [April 15, 2023]. The three-year prescriptive period expired on [April 15, 2026]. The FAN was issued on [date, e.g., May 20, 2026], which is beyond the prescriptive period . Hence, the right to assess has prescribed. sample protest letter tax assessment philippines
Bureau of Internal Revenue [Revenue District Office / Region] [Address] I, [Name], under oath, state that the facts
The BIR used the “best evidence obtainable” method (Sec. 6(B), NIRC) but failed to consider our available books and records. We have attached our audited financial statements, general ledgers, and sales invoices (Annex “B”) showing that the alleged under-declared sales of P [amount] is double-counted. The three-year prescriptive period expired on [April 15,
| Item | BIR Assessment | Taxpayer’s Corrected | Difference | |------|----------------|----------------------|------------| | Gross Sales | P 10,000,000 | P 10,000,000 | – | | Less: COGS | P 6,000,000 | P 7,500,000 | P 1,500,000 | | Net Income | P 4,000,000 | P 2,500,000 | (P 1,500,000) | | Income Tax Due (25%) | P 1,000,000 | P 625,000 | (P 375,000) | | Less: Credits/Withheld | P 500,000 | P 500,000 | – | | | P 500,000 | P 125,000 | (P 375,000) |