Revising the Schedule of Compromise Penalties for Failure to File the Tax Census Statement within the Prescribed Period

June 3, 1963REVENUE ADMINISTRATIVE ORDER NO. 03-63SUBJECT:Revising the Schedule of Compromise Penalties for Failure to File the Tax Census Statement within the Period Prescribed by Republic Act No. 2070, as Amended by Republic Act No. 2212   TO:All Internal Revenue Officers and Others Concerned The schedule of compromise penalties in extrajudicial settlement of the penal liability arising from the violation of Section 5 of Republic Act No. 2070 for failure to file the required tax census statement within the period prescribed by said law, under General Circular No. V-320, dated March 28, 1960 is hereby revised as follows: cdtaFailure to file required tax census statement(a)Individuals — For gross income and/or value of real and personal properties and other assets of  P10,000 or lessP5.00 Over P10,000 but not more  than P50,00010.00 Over P50,000 but not more  than P100,00015.00 Over P100,00025.00  (b)Corporations — For gross income and/or value of real and personal properties and other assets of  P10,000 or lessP25.00 Over P10,000 but not more  than P50,00050.00 Over P50,000 but not more  than P100,000100.00 Over P100,000 but not...