Tag: BIR audits

Finance chief Frederick Go says BIR audit freeze will protect taxpayers, likens LOAs to search warrants

Newly-appointed Finance Secretary Frederick Go said the nationwide suspension of all Bureau of Internal Revenue (BIR) field audits is intended to protect taxpayers from arbitrary or poorly justified inspections, describing Letters of Authority (LOAs) as instruments that should meet standards similar to search warrants. Speaking in an interview on DZRH News’ Special on Saturday on November 29, he said the pause creates…

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