Upon receipt of the required filing returns detailed in section 8.1, the Board of Inland Revenue (BIR) will complete their 'assessment' of chargeable income and Income Tax due.
Where an employer fails to complete a return within the prescribed deadlines, the BIR may assume chargeable income and associated Income Tax.
Once the assessments are completed, and the BIR has prepared
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 15:57