BIR: Clarifies Audit Rules Under the New Framework
BIR Revenue Memorandum Circular (RMC) No. 14-2026 clarifies guidelines on tax audits following the lifting of suspensions under prior issuances like RMC No. 8-2026, RMO No. 1-2026, and RMO No. 6-2026. It implements the Single-Instance Audit Framework to prevent multiple…