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The BIR suspends audits of books of accounts until further notice

||Philippines
Philippines

The RMC states the suspension aims to protect taxpayers from irregular, untimely or intrusive audits by limiting the field operations conducted by the authority.

 

The issuance of the circular stems from complaints from taxpayers, stakeholders and internal units reporting on irregularities and inconsistencies in audit operations.

 

During the suspension, the BIR will conduct a review of existing policies and procedures. Issuance of written orders to audit or investigate taxpayer liabil…

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