Committee Dialogue

The Bureau of Internal Revenue (BIR) has recently introduced significant reforms to its audit and examination procedures, including updated policies and guidelines involving the issuance and execution of Letters of Authority (LOAs) as well as the manner of conducting audits and assessments. These developments signal the resumption of active tax enforcement measures and introduce important procedural changes that will directly affect taxpayers and corporate compliance strategies.

This briefing aims to provide a clear and practical understanding of the new audit framework, the revised LOA process, and the implications of the renewed audit environment. Participants will gain insights into how tax audits will now be conducted, what to expect during examinations, and how to effectively prepare and manage audit risks.

The session will also discuss compliance strategies, taxpayer rights and obligations, and practical steps businesses can take to ensure readiness under the new BIR audit regime.