Re-Use of Previously Registered Books of Accounts
BIR Ruling No. 598-88 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Dec 27, 1988
Full text
December 27, 1988 BIR RULING NO. 598-88 232 447-80 598-88 Gentlemen : This refers to your letter dated December 15, 1988 requesting, in effect, opinion as to whether a taxpayer can re-use its previously registered books of accounts for succeeding years without the need for further re-registration with the B.I.R. In reply, please be informed in the affirmative. Revenue Regulation No. V-45 only require that books of accounts should be registered before using them. Hence, the books of accounts of taxpayers previously registered may be used in succeeding years without registering them again. It is requested, however, that the portion pertaining to a particular year be properly labeled or marked. (BIR Ruling No. 447, Series of 1980) Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.