The Bureau of Inner Profits (BIR) might contemplate these kinds of Rewards as taxable Unless of course You will find there's crystal clear foundation for exemption under the NIRC or interior tips approved through the DBM or COA.d.) For compliance and to avoid foreseeable future audit liabilities, the company ought to align the treatment of this gain with COA Circulars, DBM issuances, and relevant BIR rulings. If you're currently acquiring this reward while now occupying govt housing, it is actually sensible to hunt a ruling with the BIR or request inner clarification out of your HR and Accounting Department in order to avoid the risk of tax deficiency findings.We highly advocate you hire our firm so we can guide you further more in resolving this issue, including the preparation of a legal memorandum or correspondence for your Office or the BIR, based on the unique remedy you favor.We can agenda an First consultation by means of Zoom phone. You could possibly program a easy day and time for your Assembly by the following url: can be a ₱two,000 consultation rate, that will be refunded whenever you hire us following the consultation.Alternatively, you could achieve us by contact or textual content at +63 917 504 6510 or e mail us at [e-mail guarded] stay up for assisting you in securing a correct legal treatment and entire compliance.Sincerely,Recososa Regulation FirmLitigation and Tax Advisory Services Indian Nationality objective
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