THE Department of Finance (DoF) blamed the Board of Accountancy (BoA) for undermining its anti-red tape campaign, claiming the BoA disregarded amended rules on Income Tax Returns (ITRs) filed by taxpayers.
In a statement on Thursday, the DoF explained that BoA insisted on requiring the submission of compilation reports as part of the attachments to the ITRs filed by taxpayers, notwithstanding the decision by the Bureau of Internal Revenue (BIR) to do away with this requirement.
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