Tuesday 24 December 2013

Suspension of BIR audit and tax mapping

Alas! Kim Henares, the one of its kind Specie, played once again a Santa Clause because with the stroke of her pen, she declared that effective December 16, 2013 up to January 5, 2014, all revenue officials and employees are prohibited to conduct or continue their field audit and other investigative works…. Oooops, not so fast…  the audit and investigation of your operations shall still be pursued if you are under the following circumstances or cases, viz;

1. your tax case is prescribing
2. you are a government agency or GOCC
3. you are in the 'tiange' operations
4. you are retiring from business
5. you are requesting for the issuance of CAR
6. other cases that Kim may authorise

Hail the Mother of a New Specie…

This is a privileged communication and shall be considered as ETM-belief. Thanks….

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