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Posts tagged "Issue-Based Audit"

Issue-Based Audit

Posted on September 28, 2016 by Kat Castro in Industry News, Tax No Comments

Pursuant to Revenue Memorandum Order No. 59-2016 issued on September 19, 2016, BIR prescribed policies in the conduct of issue-based audit under the VAT audit program (VAP). It aimed to increase the audit coverage of VAT registered taxpayers, introduce issue-based audit as part of the VAP, and facilitate completion and reporting of cases under the VAP. […]

View Post Issue-Based Audit, Tax, Tax Cases, Taxpayer, Value-Added Tax, VAT, VAT Audit Program

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