कोशिश गोल्ड - मुक्त
Business groups back suspension of tax field audits
The Philippine Star
|November 26, 2025
Business groups are in favor of the suspension of all field audits of the Bureau of the Internal Revenue (BIR), amid concerns over audit procedures.
In a statement, the Philippine Chamber of Commerce and Industry (PCCI) said it welcomes Finance Secretary Frederick Go and BIR Commissioner Charlito Martin Mendoza's move to suspend all field audits and related operations of the agency, including the issuance of letters of authority (LOA).
"This intervention provides crucial and immediate relief to businesses, especially micro, small and medium enterprises, by granting them much-needed operational breathing room to better focus on year-end priorities," the PCCI said.
It added the development allows businesses to focus on strategic planning, inventory management and holiday season sales without the added pressure of a BIR audit.
Semiconductor and Electronics Industries in the Philippines Foundation Inc. president Dan Lachica also welcomed the development.
"I'm glad the new BIR commissioner suspended all audits, the LOAS, because this is again another avenue for corrupt officials," Lachica said at the BusinessWorld Forecast 2026 Forum yesterday.
The PCCI said it also sees the BIR's establishment of a Technical Working Group (TWG) to review and update the BIR's existing policy frameworks on the issuance and implementation of LOAS and related audit procedures as a welcome development.
यह कहानी The Philippine Star के November 26, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
The Philippine Star से और कहानियाँ
The Philippine Star
Reputation in Asia: Beyond profits, toward trust, honor and legacy
Today, corporate reputation has become a decisive factor in whether companies thrive or collapse.
3 mins
November 26, 2025
The Philippine Star
Searching for a leader
Our country is falling apart and in desperate longing for a leader. We have crisis situations in health care, education, a stagnant economy and a simmering corruption scandal with a credibility crisis on top of everything.
4 mins
November 26, 2025
The Philippine Star
Electronic exports may grow by 5-7% this year
The country’s electronic exports are expected to rise by five to seven percent this year from a year ago, supported by demand for new technologies and telco products, according to the umbrella group of semiconductor and electronics firms in the country.
1 mins
November 26, 2025
The Philippine Star
More Pinoys say lives worsened in past year
The number of Filipinos whose quality of life worsened over the past year has surged in the latest survey conducted by Social Weather Stations (SWS).
1 min
November 26, 2025
The Philippine Star
38 couples wed at 10th Kasalan sa SM
Thirty-eight couples began married life together under one roof of faith as the Felicidad T. Sy Foundation held the 10th Kasalan sa SM at the Archdiocesan Shrine of Jesus - the Way, the Truth, and the Life in Pasay City.
1 min
November 26, 2025
The Philippine Star
Coming soon: Arrest of flood scam 'big fish'
Expect the “big fish” in the multibillion-peso flood control corruption scandal — including senators and congressmen - to fall into the government dragnet and get locked up in five weeks, Interior and Local Government Secretary Jonvic Remulla said yesterday.
4 mins
November 26, 2025
The Philippine Star
Comelec sets BARMM polls on March 30
While waiting for the passage of the required dis-tricting law, the Commission on Elections (Comelec) decided to set on March 30 the holding of the first-ever parliamentary election in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).
1 mins
November 26, 2025
The Philippine Star
Competition vs cap: Why 19 platforms can't fix Manila’s ride-hailing crisis
Can’t book a ride? The fare is too high or the wait is too long? Not enough taxis on the road? The STAR looks into this complicated situation.
4 mins
November 26, 2025
The Philippine Star
SM Prime investing P3 B in Nasugbu upscale resort
Property giant SM Prime Holdings Inc. is allocating P3 billion for the development of an ecology resort in Nasugbu, Batangas, leaning heavier on the potential of the upscale segment.
1 mins
November 26, 2025
The Philippine Star
AFP: No such things as military-back reset
The Armed Forces of the Philippines (AFP) yesterday once again assured the public that it will not support any military junta or “military-backed reset” of the government, amid the flood control and infrastructure corruption scandal hounding the Marcos administration.
3 mins
November 26, 2025
Listen
Translate
Change font size

