New BIR Chief to Stop Tax Audits, Review Regulations

The incoming head of the Bureau of Internal Revenue (BIR), Cesar Dulay, said that all pending tax investigations and audits will be stopped on the first day of the new administration. According to him, he received complaints that probes conducted are being abused and could last up to three years. Dulay also vowed to review revenue regulations to ensure tax requirements are reduced as part of ease of doing business…

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