BIR requires Statement of Management Responsibility

-A A +A

Monday, March 15, 2010


PURSUANT to Revenue Regulations 3-2010, all taxpayers are now required to attach a “Statement of Management Responsibility” to their annual income tax returns (ITRs) for the taxable year 2009.

The Statement of Management Responsibility affirms the responsibility of the taxpayer and the responsible officers, in case of juridical entities, over the content and accuracy of the ITR, including the financial statements and other information returns that accompany the tax return.

Click here for Election 2010 updates

The Statement of Management Responsibility should be signed by the following persons:

1. Individual taxpayer;

2. President or chief executive officer and chief financial officer in the case of corporations;

3. Managing partner in case of partnerships;

4. Local manager in charge of operations in case of a foreign corporation with branch office in the Philippines. (Source: Punongbayan & Araullo)

Bir requires statement management responsibility

DISCLAIMER: Sun.Star website welcomes friendly debate, but comments posted on this site do not necessary reflect the views of the Sun.Star management and its affiliates. Sun.Star reserves the right to delete, reproduce or modify comments posted here without notice. Posts that are inappropriate will automatically be deleted.

Forum rules: Do not use obscenity. Some words have been banned. Stick to the topic. Do not veer away from the discussion. Be coherent and respectful. Do not shout or use CAPITAL LETTERS!

FOREX: US$ 1.00 = PhP 43.556

Bangko Sentral ng Pilipinas

Philippine Lotto Results

Gamesort iconCombinations
Superlotto 6/4931-21-09-08-19-32
6Digit6-6-3-4-8-5
Swertres Lotto 11AM1-1-6
Swertres Lotto 4PM8-0-4
Swertres Lotto 9PM2-7-9
More results

Today's front page

Sun.Star Cebu front page for September 02, 2014

Other front pages

Sun.Star Jobs