Note: This is a general guide. For complex cases, consult a tax lawyer or CPA.
Once you have filed your sworn protest letter, the BIR has from the date of filing to decide on your protest. Under the NIRC (Section 228), if the BIR fails to act within 180 days, the protest is deemed denied by inaction . sample protest letter tax assessment philippines
Subject: Formal Letter of Demand No. [FLD Number] dated [Date of FLD] Taxable Year: January 1, [Year] to December 31, [Year] Tax Type: Deficiency Income Tax / Value-Added Tax / [Specify] Amount Assessed: Php [Total, e.g., 1,250,000.00] Note: This is a general guide
The assessed value was increased by [Percentage]% without any significant improvement or renovation made to the property. The market value assigned is significantly higher than the zonal valuation and the current market rates of comparable properties in the vicinity. Under the NIRC (Section 228), if the BIR