Jan 122014
(First of two parts)
WITH the Bureau of Internal Revenue (BIR) ’s intensified focus on enforcement and audits, taxpayers need to understand the investigation and assessment process and the available remedies under the law, particularly now that the recently issued Revenue Regulations (RR) No. 18-2013, dated Nov. 28, 2013 and which took effect on Dec. 15, 2013, introduced major changes to the BIR’s assessment processes.