Is a compromise settlement a remedy for taxpayer importers?

ONCE the tax assessment is rendered final and the collection stage begins, taxpayers have an option to file for a compromise settlement to pay for a reduced amount, in meritorious cases.
Revenue Regulations No. (RR) 30-2002, as amended, provides for specific grounds when a taxpayer can request for compromise settlement: (1) when there is doubtful validity in the tax assessment or (2) when there is financial incapacity on the part of the taxpayer. In either case, the taxpayer has the burden of proof and is obligated to pay the amount of the compromise offer — which ranges from 10% to 40% of the basic deficiency taxes — before filing the application for settlement. Otherwise, the application will not move forward.