BIR launches fairer audit rules

The Bureau of Internal Revenue on Tuesday launched its new audit rules to ensure that tax examinations will be fair, more predictable, and more accountable.

This was announced by Finance Secretary Frederick Go during a press conference. 

The significant changes include the adoption of a single-instance audit framework, in which there will be only one audit and one letter of authority (LOA) per taxpayer per taxable year. 

This also includes the abolition of VAT audit units and task forces, as well as the restriction of audit authority to regional offices and the Large Taxpayers Service.

"These changes align with the administration’s big, bold reforms to improve the ease of doing business and strengthen trust in government,” Go said, as he urged taxpayers and the public to actively engage in the implementation of the reforms. 

“Your participation is critical to ensuring these improvements succeed. The Department of Finance will be fully involved throughout these reforms,” the Finance chief added.

Further, taxpayers may verify the authenticity of audit orders through the BIR’s REVI chatbot, while audit oversight and accountability measures have been strengthened.

For his part, BIR Commissioner Charlito Martin Mendoza said a Revenue Memorandum Circular would be issued lifting the suspension on letters of authority and field audits imposed last November.

"With audits resuming under these improved rules, we call on taxpayers and the public to actively work with the BIR, seek assistance when needed, and uphold compliance so that together we can ensure fair and professional audits for all," said Mendoza.

This came after the agency completed consultations and procedural reforms.—AOL, GMA Integrated News