A Letter of Authority is an official document the Commissioner of Internal Revenue issues to audit taxpayers under the jurisdiction of the BIR national office. In cases where taxpayers under the jurisdiction of the BIR regional offices are the subject of an audit, the Regional Director issues the LOA.
For more detailed information, please refer the link below:
Source – Cloudcfo
Latest Posts in "Philippines"
- Philippines Considers VAT Cut, Fiscal Incentives to Boost Garment Industry Competitiveness
- BOC’s Zero VAT Procedures: Streamlining Export Import Logistics and Compliance for Export-Oriented Enterprises
- Philippines Extends E-Invoicing Compliance Deadline for Large Taxpayers to December 31, 2026
- Philippine Tax Court Partially Grants Petition, Invalidates VAT and Compromise Penalty Assessments
- Supreme Court Rules Condominium Association Dues Not Subject to Value-Added Tax (VAT)
