00:00The Bureau of Internal Revenue, or BIR, presented to the Senate Blue Ribbon Committee the scope of its strengthened tax audit framework.
00:08Included in the reforms are a clear definition of audit authority, limiting one letter of authority, or LOA, per taxpayer per year,
00:17risk-based and system-assisted selection, anonymized assignments, and the abolition of special audit task forces.
00:24According to the agency, these aim to answer the questions of every Filipino taxpayer and make tax audits fairer, more predictable, and transparent.
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