BIR chief cites private sector role in financial reporting and tax rule chatter
OFFICE of Internal Revenue Commissioner Romeo D. Lumagui Jr. recently met with external stakeholders from accounting associations and other representatives of accounting firms to discuss proposed tax releases related to the harmonization of tax laws/regulations and accounting standards. The Philippine Financial Reporting Standards (PFRS) Proposed Income Memorandum Circulars meeting was a two-day event to discuss
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