Lunes, Hulyo 22, 2013

BIR sought the assistance of PRC in solving tax evasion among professionals

BIR Comm. Kim S. Jacinto- Henares
To read the full story click on the link; BIR taps regulator

COMMENTARY:

We fully support the efforts of government particularly the Bureau of Internal Revenue in solving tax evasion or avoidance among professionals.  The Professional Regulation Commission should at the very least requires self-employed professionals to submit evidence of Registration (BIR Form 2303) and payments of Annual Registration Fee (BIR Form 0605) from BIR. The submission of Income Tax Return with PRC would be illogical sense the said agency lacks the authority in determination if said professional has properly paid his taxable income.