Davao TAX Squad Corp

06/03/2026

𝗝𝘂𝗿𝗶𝘀𝗽𝗿𝘂𝗱𝗲𝗻𝗰𝗲 𝗨𝗽𝗱𝗮𝘁𝗲 | 𝘓𝘦𝘵𝘵𝘦𝘳 𝘰𝘧 𝘈𝘶𝘵𝘩𝘰𝘳𝘪𝘵𝘺 (𝘓𝘖𝘈)

A Letter of Authority (LOA) is not a general authority that allows any revenue officer to conduct an audit. It is a special authority issued only to the specific revenue officers named in the LOA.

📌 Key points to remember:
✔️ Only the officers explicitly named in the LOA are authorized to conduct the audit.
✔️ Substituting or reassigning officers without issuing a new LOA is improper.
✔️ A Memorandum of Assignment (MOA) cannot replace or serve as proof of audit authority.

This doctrine reinforces that the power to authorize tax investigations belongs exclusively to the Commissioner of Internal Revenue or his duly authorized representative.

📖 Case Reference: The European Hair Factory, Inc. v. CIR
CTA Case No. 10534 | January 27, 2026

Follow TaxLife Live for tax updates.

04/03/2026

𝗗𝗶𝗱 𝗬𝗼𝘂 𝗞𝗻𝗼𝘄?

Davao City is the largest city in the Philippines by land area, covering approximately 2,444 square kilometers — bigger than some entire provinces!

Despite its vast size, Davao is known for its:
✔️ Clean streets
✔️ Strict ordinance implementation
✔️ High public safety standards

A city that proves that size and discipline can go hand in hand. 💚

04/03/2026

28/02/2026

𝗟𝗢𝗔 𝗤𝘂𝗶𝘇 𝗧𝗶𝗺𝗲 – 𝘓𝘦𝘵’𝘴 𝘗𝘭𝘢𝘺!

Do you know what makes a Letter of Authority (LOA) valid? 🤔

Which of the following must be indicated in the LOA to properly empower revenue officers to conduct an audit?

A. The name(s) of the authorized revenue officer(s)
B. The schedule of the audit procedures
C. The estimated tax deficiency

Comment your answer below: A, B, or C

Test your tax knowledge and stay informed!

19/02/2026

𝗥𝗮𝗺𝗮𝗱𝗮𝗻 𝗠𝘂𝗯𝗮𝗿𝗮𝗸! ✨🌙

May this holy month bring peace to your heart, clarity to your path, and abundant blessings to you and your family. 🤍
May your prayers be accepted, your sacrifices rewarded, and your faith strengthened.

From all of us at Davao Tax Squad & Tax Help, we wish you a meaningful and blessed Ramadan.

19/02/2026

⚖️ 𝗝𝗨𝗥𝗜𝗦𝗣𝗥𝗨𝗗𝗘𝗡𝗖𝗘 𝗧𝗛𝗨𝗥𝗦𝗗𝗔𝗬

Unverified Third-Party Information (TPI) cannot support a tax assessment.

The Court ruled that deficiency income tax assessments based solely on unverified TPI must be cancelled. Under RMO No. 46-2004, the BIR is required to secure confirmation or certification from TPI sources. Without proper verification, the data is not credible — and the assessment becomes VOID.

Key takeaway: 𝘊𝘰𝘮𝘱𝘶𝘵𝘦𝘳𝘪𝘻𝘦𝘥 𝘮𝘢𝘵𝘤𝘩𝘪𝘯𝘨 𝘢𝘭𝘰𝘯𝘦 𝘪𝘴 𝘯𝘰𝘵 𝘦𝘯𝘰𝘶𝘨𝘩. 𝘝𝘦𝘳𝘪𝘧𝘪𝘤𝘢𝘵𝘪𝘰𝘯 𝘪𝘴 𝘮𝘢𝘯𝘥𝘢𝘵𝘰𝘳𝘺.

📌 Case: Goodyear Steel Pipe Corporation v. CIR
CTA Case No. 10555 | December 10, 2024

Stay informed. Due process matters in every tax assessment.

16/02/2026

📰 𝗧𝗮𝘅 𝗡𝗲𝘄𝘀 𝗨𝗽𝗱𝗮𝘁𝗲 | 𝘍𝘦𝘣𝘳𝘶𝘢𝘳𝘺 11, 2026

⚖️ 𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻𝗶𝗻𝗴 𝗗𝘂𝗲 𝗣𝗿𝗼𝗰𝗲𝘀𝘀: 𝗔 𝗡𝗲𝘄 𝗘𝗿𝗮 𝗳𝗼𝗿 𝗕𝗜𝗥 𝗔𝘂𝗱𝗶𝘁𝘀

​The Bureau of Internal Revenue (BIR) has taken a decisive step toward institutionalizing fairness with RMO No. 1-2026. By limiting audit frequency and strictly enforcing the scope of Letters of Authority (LOA), the government is prioritizing taxpayer rights and administrative accountability.

​Key reforms include the dissolution of specific audit task forces and the adoption of system-assisted selection to eliminate bias.

​Which of these reforms do you think will have the biggest impact on your business this year? Let’s discuss in the comments! 👇

16/02/2026

𝗛𝗮𝗽𝗽𝘆 𝗟𝘂𝗻𝗮𝗿 𝗡𝗲𝘄 𝗬𝗲𝗮𝗿 — 𝗬𝗲𝗮𝗿 𝗼𝗳 𝘁𝗵𝗲 𝗛𝗼𝗿𝘀𝗲! 🏮✨

May this year gallop in with prosperity, strength, and unstoppable success.
Just like the Horse, may you move forward with confidence, resilience, and bold determination in all your goals — in business and in life.

Here’s to new beginnings, greater victories, and abundant blessings this 2026!

16/02/2026

📅𝗧𝗔𝗫 𝗗𝗘𝗔𝗗𝗟𝗜𝗡𝗘𝗦 𝗥𝗘𝗠𝗜𝗡𝗗𝗘𝗥 for this week
Feb 16 - 22, 2026
𝑆𝑡𝑎𝑦 𝑐𝑜𝑚𝑝𝑙𝑖𝑎𝑛𝑡, 𝑠𝑡𝑎𝑦 𝑠𝑡𝑟𝑒𝑠𝑠-𝑓𝑟𝑒𝑒!

A reminder to file on time and avoid penalties.

Note: 📝𝐷𝑒𝑎𝑑𝑙𝑖𝑛𝑒𝑠 𝑤ℎ𝑖𝑐ℎ 𝑓𝑎𝑙𝑙 𝑜𝑛 𝑊𝑒𝑒𝑘𝑒𝑛𝑑𝑠, 𝐻𝑜𝑙𝑖𝑑𝑎𝑦𝑠,
𝑎𝑛𝑑 𝑁𝑜𝑛-𝑊𝑜𝑟𝑘𝑖𝑛𝑔 𝐻𝑜𝑙𝑖𝑑𝑎𝑦𝑠 𝑠ℎ𝑎𝑙𝑙 𝑏𝑒 𝑚𝑜𝑣𝑒𝑑 𝑡𝑜 𝑡ℎ𝑒 𝑛𝑒𝑥𝑡 𝑤𝑜𝑟𝑘𝑖𝑛𝑔 𝑑𝑎𝑦.

🎶Whenever there's tax questions and concerns.
Just message us. 🙏🤚🤍🇵🇭

Source: BIR Website

16/02/2026