Event Details
With the BIR's newly introduced "Run After Fake Transactions," it is everyone's responsibility to ensure that receipts and/or invoices are sourced from legitimate suppliers. Otherwise, taxpayers may run the risk of possible disallowance of expenses claimed as well as input tax credits even beyond the 3-year prescriptive period. Join us in this 1-hour webinar as we navigate the most recent development on the Electronic Invoicing Compliance of the BIR, as required by 2018 Tax Reform for Acceleration and Inclusion (TRAIN) Law, and assess where we are towards compliance and alignment with the BIR's expectations for taxpayers.