00:00Regular ho, naman ho, na nag-issue ng LOA ang BIR.
00:04Yes po. Ngayon po we have this single assistance audit framework wherein meron po kaming system na may mga parameters
00:14po kami na sinet.
00:16So kapag nag-fall doon yung isang taxpayer, then may-issuean po siya ng letter of authority.
00:22Okay. Sabi kanina ni Atty. Ferrer, ang cross niya is dapat one LOA per taxable year. Tama ba? Naalala mo
00:33yan?
00:33Tama po.
00:34Yun yung usual.
00:36Tama po.
00:36Possible ba na multiple years in one LOA?
00:41The general rule is one year per LOA. But pag nag-fall po siya sa mga National Investigation Division or
00:53Regional Investigation Division, pag may prima facie fraud, it can cover more than one year po.
01:01Prima facie fraud sa Tagalog, sa unang tingin may panluloko? O may panlilin lang?
01:09Objection, Your Honor.
01:12I'm just translating it, Your Honor.
01:13What's the objection, Attorney Christine?
01:15We would like to propose, Your Honor, that the exact wording of the law be adopted, not translated into Tagalog.
01:22It might mislead the public, Your Honor.
01:24It's not misleading. In fact, I want the public to understand what it means.
01:27Kasi prima facie fraud, it may be technical for other people to understand, Your Honor.
01:31Attorney Christine, sorry, Attorney Anne, may Tagalog po bang katumbas yung prima facie fraud na nakalagay sa NIRC?
01:44Ginagamit po kasi namin prima facie fraud.
01:47Yung kapag po kasi sa rules po nung, thank you so much, pagka meron pong based sa audit or nakita
01:56po is 30%, at least 30% na under declared sales or over declared purchases, meron pong prima facie fraud.
02:05Ibig sabihin, parang may indication na may fraud. So you have to audit or to check yung isang task.
02:14So pag humigit, 30% parang may fraud na.
02:18Opo.
02:18I think fraud is understood, Attorney Irwin, by the general public.
02:22Please proceed.
02:23Please proceed.
02:34Please proceed.
