Revenue Memorandum Order No. 62-2010 prescribes the supplemental guidelines on the electronic issuance of Letters of Authority (LA) and related audit policies and procedures.
A very important provision that taxpayers need to know is under point #6... Taxpayers who are in possession of manually prepared LAs/TVNs shall not entertain any Revenue Officer relative to the audit of his internal revenue taxes for the taxable year 2009 unless replaced with an eLA.
How does an eLA look like? Funny as it is, the examiners are ignorant themselves how it looks. As prescribed under point#8 same type of paper being used in printing of Certificate of Registration will be used. As of the moment, it will look like a plain sheet of paper unlike the usual LA.
What the RDOs are doing now, is issuing LAs and backdating them to June 25; nevertheless, it does not excuse them from complying with the above RMO.
Download full text here:
ftp://ftp.bir.gov.ph/webadmin1/pdf/52266RMO%2062-2010.pdf
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