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Business February 9, 2026

AUDIT UNLOCKED: Chaos or Comeback?

AUDIT UNLOCKED: Chaos or Comeback?

A shift is underway in the world of taxation. After a period of suspension, the Bureau of Internal Revenue (BIR) has officially reactivated its full audit and enforcement capabilities, marked by the issuance of Revenue Memorandum Order No. 001-2026. This isn’t simply a return to the status quo; it’s a reshaping of how tax audits will be conducted.

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