BIR suspends implementation of tax info measure anew

The Bureau of Internal Revenue (BIR) has again suspended implementation of a controversial memorandum circular that requires taxpayers to disclose supplemental information on other incomes when they file their income tax returns this year. BIR Commissioner Kim Henares said the disclosure of additional detailed income information remains optional for income tax filing covering calendar year 2014 ... http://ift.tt/19K5J5X