Changing Accounting Period – LT
Large Taxpayers Service (LTS) is now included in the policies, guidelines and procedures on the application for change in accounting period under Section 46 of the NIRC of 1997, as amended. This is by virtue of Revenue Regulations No. 9-2011 (RR No. 9-11) amended Revenue Regulations No. 3-2011 (RR N0. 3-11). To initiate the change [...]
