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Finance chief urged to reject BIR’s AIR circular, or else... By Charlie V. Manalo 03/21/2011

Monday, March 21, 2011

Finance chief urged to reject BIR’s AIR circular, or else...

By Charlie V. Manalo 03/21/2011

A member of the House of Representatives yesterday bared they will summon Finance Secretary Cesar Purisima to appear in its Question Hour if he does not accede to the recommendation of Internal Revenue Commissioner Kim Jacinto-Henares to withdraw Revenue Regulation 02-2011 requiring certain individual citizens, resident aliens and non-resident aliens engaged in trade or business in the country to file their Annual Information Return (AIR).

Valenzuela Rep. Magtanggol Gunigundo made the manifestation for Purisima’s appearance in the Question Hour during the hearing of the House committee on ways and means on Tuesday on the controversial AIR regulation issued last March 1.

“It is a caveat, a manifestation that if the secretary of Finance does not approve the recommendation of the BIR commissioner to withdraw RR 02-2011, then we will proceed with the Question Hour. We will ask him to come here not just to attend a public hearing on RR 02-2011, but we will invoke the right of Congress to require members of the Cabinet to appear before the House under the Question Hour provisions of the rules of the 15th Congress as well as of the Constitution,” Gunigundo said..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/metro/20110321met1.html

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