Treatment of 3-chloro-3-(dimethylphosphono)isobenzofuranone (3) with NaI in acetonitrile caused its monodemethylation to sodium 3-chloro-3-(methylphosphonato)isobenzofuranone (4). Compound 4 hydrolyzed in aqueous solution slowly to 3-hydroxy-3-(methylphosphono)isobenzofuranone (5). Upon refluxing in water, 4 demethylated simultaneously with the hydrolysis of the chloride, to afford 3-hydroxy-3-phosphonoisobenzofuranone (6). NMR spectra of the 3-hydroxyphosphonoisobenzofuranone derivatives 5 and 6 were found to be pH dependent. Raising the pH of the aqueous solutions to 10 by adding Na 2 CO 3 caused changes in their 13 C and 31 P spectra, indicating opening of the isobenzofuranone ring and the formation of ortho-phosphonatoformylbenzoate anions ( 7) and ( 8). Acidification of solutions of 7 and 8 yielded 5 and 6, via ortho-phosphonoformylbenzoic acids ( 9) and ( 10), respectively, as putative intermediates. The facile formation of the cyclic tautomers 3, 4, 5 and 6, is interpreted in terms of the strong electron withdrawing effect of the phosphonyl group. High-resolution 1D and 2D NMR spectra observing nuclei 1 H, 13 C and 31 P established the molecular structures. Macroscopic dissociation constants were determined for a triprotic acid of type H 3 L. Using sensor nuclei 1 H, 13 C and 31 P in advanced techniques of NMR controlled titrations confirmed concerted protolytic and ring-chain tautomeric equilibria. Probabilities of different sequences of protonation are discussed.