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BIR Penalty for No Entry Books of Accounts
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This video tackles the penalties that await for having books of accounts with no entries.
DISCLAIMER: The Study Now, Pay ETM Later (SNPEL) Program is no longer available.
References:
Revenue Regulations No. 7-2015
Revenue Memorandum Order No. 19-2007
Section 248, NIRC
Section 204, NIRC
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