DOF halts creation of properties, multi-level marketing, e-sabong, POGO audit task forces

  • 📰 gmanews
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The Department of Finance (DOF) on Saturday said it had ordered the Bureau of Internal Revenue (BIR) to suspend the creation of special audit task forces to avoid confusion and duplication of functions.

In a statement, the DOF said that through a memorandum issued by BIR officer-in-charge Deputy Commissioner Marissa Cabreros, the Revenue Special Orders creating the special audit task forces on real estate developers and direct selling/multi-level marketing, and the operations memoranda creating task forces for Philippine Offshore Gaming Operators and electronic sabong “were suspended immediately on Friday until further notice.

“The issuance of the RSOs and OMs has distorted this and even caused uncertainty for some taxpayers,” added Dominguez. “We are working with the BIR to review these issuances and ensure these do not create redundancies and cause taxpayer confusion,” said Dominguez.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in BUSİNESS

Business Business Latest News, Business Business Headlines