German companies in the Philippines have welcomed the Bureau of Internal Revenue’s suspension of all field audits, citing transparency concerns as a top business risk.
The German-Philippine Chamber of Commerce and Industry (GPCCI) emphasized the need for clear, stable, and predictable tax rules to maintain investor confidence.
The suspension follows allegations that BIR letters of authority were being misused to extort businesses nationwide.
GPCCI said consistent guidance and stakeholder consultations would reduce uncertainty and pledged to work with the government on reforms to strengthen good governance and competitiveness.
Meanwhile, Senator Erwin Tulfo filed a resolution to investigate alleged abuse of audit procedures, claiming examiners and officials exploited LOAs for kickbacks.
Source: PhilNews24 | November 27, 2025
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