5 months New tax laws come with hurdles – firm Manilatimes |Biz
The implementation of new tax laws will pose challenges both for the government and taxpayers, an executive from a top tax advisory and audit service firm said. “The Train, Trabaho, and the Amnesty bill, provide additional hurdles, concerns and problems for [the] BIR (Bureau of Internal Revenue) and taxpayers because all of us should learn the tax law provisions and the many emerging regulations and issuances,” said Joel Tan-Torres, a partner at the Reyes Tacandong & Co., during the Winning Tax Disputes forum held on Monday. “As of last count, the BIR for TRAIN alone, probably has issued over 30 ... more