Summary
RMO No. 29-2005 prescribes guidelines and procedures for resolving issues on change in accounting period or type.
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Key points
- Areas affected. The issues covered affect registration, returns processing, collection and bank reconciliation, returns compliance, case monitoring and audit systems.
Who is affected
- Taxpayers changing accounting period or type
Deadlines and effectivity
- Issued November 22, 2005
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.
