Penalties - Bureau of Internal Revenue

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PENALTIESFORLATEFILINGOFTAXRETURNS
A.ForlatefilingofTaxReturnswithTaxDuetobepaid,thefollowingpenaltieswillbeimposeduponfiling,inadditiontothetax
due:
1.Surcharge
NIRCSEC.248.CivilPenalties.
(A) There shall be imposed, in addition to the tax required to be paid, a penalty equivalent to twentyfive percent (25%) of the
amountdue,inthefollowingcases:
(1)FailuretofileanyreturnandpaythetaxduethereonasrequiredundertheprovisionsofthisCodeorrulesandregulationson
thedateprescribedor
(2)UnlessotherwiseauthorizedbytheCommissioner,filingareturnwithaninternalrevenueofficerotherthanthosewithwhomthe
returnisrequiredtobefiledor
(3)Failuretopaythedeficiencytaxwithinthetimeprescribedforitspaymentinthenoticeofassessmentor
(4)FailuretopaythefullorpartoftheamountoftaxshownonanyreturnrequiredtobefiledundertheprovisionsofthisCodeor
rulesandregulations,orthefullamountoftaxdueforwhichnoreturnisrequiredtobefiled,onorbeforethedateprescribedforits
payment.
2.Interest
NIRCSEC.249.Interest.
(A)InGeneral.Thereshallbeassessedandcollectedonanyunpaidamountoftax,interestattherateoftwentypercent(20%)
per annum, or such higher rate as may be prescribed by rules and regulations, from the date prescribed for payment until the
amountisfullypaid.
3.Compromise
NIRC SEC. 255. Failure to File Return, Supply Correct and Accurate Information, Pay Tax Withhold and Remit Tax and
Refund Excess Taxes Withheld on Compensation. Any person required under this Code or by rules and regulations
promulgatedthereundertopayanytaxmakeareturn,keepanyrecord,orsupplycorrecttheaccurateinformation,whowillfullyfails
topaysuchtax,makesuchreturn,keepsuchrecord,orsupplycorrectandaccurateinformation,orwithholdorremittaxeswithheld,
orrefundexcesstaxeswithheldoncompensation,atthetimeortimesrequiredbylaworrulesandregulationsshall,inadditionto
otherpenaltiesprovidedbylaw,uponconvictionthereof,bepunishedbyafineofnotlessthanTenThousandPesos(P10,000)and
sufferimprisonmentofnotlessthanone(1)yearbutnotmorethanten(10)years.
Anypersonwhoattemptstomakeitappearforanyreasonthatheoranotherhasinfactfiledareturnorstatement,oractuallyfiles
areturnorstatementandsubsequentlywithdrawsthesamereturnorstatementaftersecuringtheofficialreceivingsealorstampof
receiptofinternalrevenueofficewhereinthesamewasactuallyfiledshall,uponconvictiontherefor,bepunishedbyafineofnot
lessthanTenThousandPesos(P10,000)butnotmorethanTwentyThousandPesos(P20,000)andsufferimprisonmentofnot
lessthanone(1)yearbutnotmorethanthree(3)years.
In addition, Annex A of Revenue Memorandum Order (RMO) No. 72015 provides for the Revised Consolidated Schedule of
Compromise Penalties for Violations of the National Internal Revenue Code (NIRC), which can be accessed via this link: Annex
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Frompage5ofAnnexAofRMONo.72015
TAX
CODE
SEC
CRIMINALPENALTY
IMPOSED
NATUREOFVIOLATION
255 Failure to file and/or pay

any internal revenue tax at
the time or times required by
laworregulation
AMOUNTOFCOMPROMISE
Fine of not less than

P10,000andimprisonment
of not less than one (1)
year but not more than 10
years
Iftheamountoftaxunpaid
Exceeds
Butdoes
Compromise
not
is
exceed
Pxxx
P5,000
P1,000
5,000
10,000
3,000
10,000
20,000
5,000
20,000
50,000
10,000
50,000
100,000
15,000
100,000
500,000
20,000
500,000 1,000,000
30,000
1,000,000 5,000,000
40,000
5,000,000
50,000
xxx
B. Forlate filingof Tax Returns with NO Tax Due to be paid, the compromise penalty will be imposed upon filing of the Tax
Returnbasedonthefollowing:
1.ForviolationsoftheNIRCprovisionswhicharesubjecttocompromise,thereferenceisfoundinpage4ofAnnexAofRMONo.
72015.
TAX
CODE NATUREOFVIOLATION
SEC
255
Failuretomake/file/submit
any return or supply
correct information at the
time or times required by
laworregulation
CRIMINALPENALTY
IMPOSED
Fine of not less than
P10,000 and imprisonment
of not less than one (1)
yearbut not more than ten
(10)years
AMOUNTOFCOMPROMISE
Ifgrosssales,earningsorreceipts
orgrossestateorgift(basedonthe
subjectreturns/informationfor
filing/submission)
Exceeds
Butdoesnot
Compromiseis
exceed
Pxxx
P50,000
P1,000
50,000
100,000
3,000
100,000
500,000
5,000
500,000
5,000,000
10,000
5,000,000
10,000,000
15,000
10,000,000
25,000,000
20,000
25,000,000
xxx
25,000
2.ForviolationsoftheNIRCprovisionswhichmaybethesubjectofcriminalactions,Section250oftheNIRCwillapplyasfollows:
NIRCSEC.250.FailuretoFileCertainInformationReturns.Inthecaseofeachfailuretofileaninformationreturn,statement
orlist,orkeepanyrecord,orsupplyanyinformationrequiredbythisCodeorbytheCommissioneronthedateprescribedtherefor,
unlessitisshownthatsuchfailureisduetoreasonablecauseandnottowillfulneglect,thereshall,uponnoticeanddemandbythe
Commissioner, be paid by the person failing to file, keep or supply the same, One Thousand Pesos (P 1,000) for each failure:
Provided,however,ThattheaggregateamounttobeimposedforallsuchfailuresduringacalendaryearshallnotexceedTwenty
FiveThousandPesos(P25,000).
C. For late filing of Statements/Reports required to be filed with NO Tax Due to be paid, the compromise penalty will be
imposeduponfilingoftheTaxReturnbasedonthefollowing:
NIRCSEC.275.ViolationofOtherProvisionsofthisCodeorRulesandRegulationsinGeneral.Any person who violates
any provision of this Code or any rule or regulation promulgated by the Department of Finance, for which no specific penalty is
providedbylaw,shall,uponconvictionforeachactoromission,bepunishedbyafineofnotmorethanOneThousandPesos(P
1,000)orsufferimprisonmentofnotmorethansix(6)months,orboth.
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255 Failure to file and/or pay

Fine of not less than

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