Protest Letter Tax Assessment Philippines: Sample

This protest is filed within as required under Section 228 of the National Internal Revenue Code (NIRC) of 1997, as amended.

Here is for drafting a Protest Letter against a Tax Assessment in the Philippines, based on the National Internal Revenue Code (NIRC) as amended by the Tax Reform for Acceleration and Inclusion (TRAIN) Law and relevant BIR regulations. sample protest letter tax assessment philippines

I, [Name], under oath, state that the facts herein are true and correct based on our records. This protest is filed within as required under

| 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) | | Item | BIR Assessment | Taxpayer’s Corrected

This protest is filed without prejudice to any other remedies, including appeal to the Court of Tax Appeals (CTA) in case of denial.

Dear Sir/Madam:

Bureau of Internal Revenue [Revenue District Office / Region] [Address]