sn72019 CCOUNT SOLUTION. > aot ue > serene > Page “Tax Accounting Issues ton anu tt rnin bie ot Operon Sera Caue Donato hres ace tans Philippines BIR avait procedures (GENERAL BIR AUDIT PROCEDURES AND DOCUMENTATION (Source: ai) {men does tho aust proces bea? The cust process conmanoes wen te issuance oe Leter of Aubert a tnpayer who 2,\nat i Lotrof unary? The eter tutor ian fl document ha empowers Revenue Oer examine an sir & “Taepayers books account andar ecoourng ecrds, ofa atrine he Tanpayars caret eal evens x ele. 2. Who ars te Lata of Anory? Later of non fr anvestgaon of expayers unr he acon of Nabral fe, shall be Issued ane spproved hy te Conmasiona rtm Reve, wa, er taxpayers une tejrsditon of Regoal fea, fsa be Issued bye Regional Deco 4 When musta Ltr fAdharty be se? A Late of Aory rust be served he concemed Taper win tity (30) yea te fan of asuones, nana, t sna bears nul ard va. Te Taxpayer Shot en have he it eis th serves oF BIBL ures eA ‘5 How on cana str Auten bs rovetéted ALi Ahoy Is Fealledtwaugh te bsusnce of @ now LA. However Late ‘tory ene ovale Only once. fr as stud In he Reverue Raglonal Oca oF he Revruo Diset OMees or TCO, Inthe caso of LAS sed BY De ‘ny sponded LAG) must be asaced he now UA sued (AMO I on even Oe sowed any ane mn wey (20) dyn fom he (se of ocat ot Lar of Aor by be Taxpayer cond he ut Tose mths to eign wn 0 ay prog he must ter soit Progress Rap to ha Hon of Ocean render Leet Aton or eaten (ovonce Disa Otcars, Chit Large Tapaver Basement Din ‘hr Beco Texpeye” Operations OMe, Chis Potey Casos ana Tak Froud Ovi) response forthe ancuct ot aaimestiaon as Ira Roverae Mearancim Order Isund oy the C18 1, eablon Soden St yan pa ene tees fresomaral xd fe Canmarorer oral Revers fr al approval The Kt wits by ROO shal be preaprved by he Feponal Dota anatnaly approves Asean: Gonmssore assesment Sowos (AMOS S435 67-99, 82000 ed 1-200) 6. How many tna can apy be sujet lo axnaon and nspacton the same aaa you"? A taxoayer bok of enue ‘hale sujectedtsxamnetan andnapesion oly orc ora nae yor, excep 9 te lowing ease: ne tbe Corian! detains that aus rogues, of mistakes wate carn by Teosye “ines th Taper Nimaat quant r-rvesigatnn a f-oarinaon the Sooke f coau ‘Miter tare a ned fo vry te lvpayrs cmon wih wing and sess revere ints Bs presrbed = Revenue Merorancim Orde sued aye Conidae rem Raven "ine tbe Tnpayers aol gas ax abies ust be vee, “irene Cormasaner shoal eee he pawe lo alan nfrmaion rave lathe axaminaton 2 aha Taxpayer (Sec. 5 ond 28 NRC), 8 Wat st some fhe ponte of ba Conmisina lave Lote us process? In eon to Be subst of the Carmine io ‘narine and pect the book of wcouns os Taxpaye! whos big aude, he Corman ray ‘btn at nd rsmaton tom veo par tern tho Taxpaor hms (S025, NRC) ans [Condotti nd sievllarcn, ad rewrbe presume gins Sls ah ese (See 8 IRC), {0.4at Nets noma Covfrnce 7A Net f= noma Confranc is wre nics ing Taxpayer ta he fn of {he aust conde on Na Boos a anos ans accourng eens hl odstoal eso aehceny estes Nave Be In tm cuinaon of anau. Ravn Of rds tw Imotton of dr ts oe Conmnestes by te Brea oe Taxay:concemed rng an ioral coaenc cle for is pup. The Txgaye® sal an nov ee (1) Saye for date fa ect! We tear home Careers fo expla hs a. 11. Win what ine pad must an asecenart be me? An aazessmen! mus! be masa win vee (2) years fom the Int ay prose by lw te tg of he ox ern er the ta ats bong suo To aeossrent Hom hs ay he er was od # Hod Ie weet lease voting tx aud fe Butea hasten (10) yout fm the ao ocovery ouch Rae wih Wah oe he www-sa5-ph.comindsx.phpp=1_12_bir-audi-procedures 12sn72019 www.sas-ph.comindex php?p= Philippines BIR avait procedures Ay enna ind tee pte of deri fae etn, cn no tb clade he Tae 12. Wate “topaay Assassmont? A Joona AsSessrent stax assert mado by an athrized Revenue Ofer witout He Sete Sle naan fee Row bt he newer car wey wt on ‘omety win aut and inesigatonrequromants to presrt hs boos of cco andor potnar record, ‘Subalarale al or any the deacons, sxampeone cea elamed a hi tt 13, Wats a ProAssossment Notice (PAN)? Th Pre-Asessmon! Nos communal sod by the Regoral Assos Dion, any aha anced BIR Oe, fon 2 Taxpayer wo fab Been auto of age ote Revenue Oat Ylang he em ots nt Tce Savors reenter ho Be “1. Under wretinstances is PAN ong reaurec?AProtmnary Assessment Noe shal tb equred nan fh flowing 86s, hich eta suas te formal sins ntce foe payre othe axpyars deancy x yea be sir + nants fring for ary alley tae eh reso mathemati aot the computtan of ax apeaing on eae of he oe retuned by me tapayer © ‘Tinea dactepany hs been determined betes th i iil andthe sun ceria ty the willing ape or “ine a taper who pled cam a rhid ori te of excorcediol tliat oa ate para was Salarined 9 ave Carros evr an stomatal app he sas artnt cred alt tm esas tax Ios fro tanale Guero GUase Seeding tae year ot ‘ine th eco a oon enable rice as ban pt: “ran an aisle only purchase or mpi by an ener parson, su a, it ot veils, cpt equrent machetes tard opr pars, has bean so, vad oVansloed fo nor-xerp peers. | Noe ot Anes i aclaton of inc nas aso Taxpayer a also respond oa Presasasrent Noto wii te Desert pred Une, t nse ap othe PAN wos foe bs wut at. The Nace of Aseossret sal ry te Taxeye Sis act an atta rept of veaigason se by ha Ravene Ofcor conducting te a aha be pen du cure. The oral Iara denard ealing fr payment of te texayars tency nto ntos stn mna the fac, te bores an regains Intsprdence en white assess! sbese, ors, ome! tar af eran ade rates of esesrnen hal De va Home |About Us Sore FACE Conn Prey Paley |_12_bir-aual-procedures 22