Waiver of prescriptive period to assess tax

By The Manila Times

Oct 04, 2018 12:20 am

AZIZA HANNAH BACAY

A part of taxpayer’s due process rights under law is to be subject to a tax audit and assessment (for deficiency taxes) by the BIR only within certain defined periods, known as “prescriptive periods.”

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.