16/07/2026
TAX TERM for the WEEK: COMPROMISE PENALTY ๐
Did you know? The BIR may offer a compromise penalty to settle certain tax violations WITHOUT going to court โ but it doesn't mean the law wasn't violated.
Key takeaways:
1. It's an administrative remedy, not a court proceeding
2. Applies only to selected tax violations specified by the BIR
3. Payment does NOT bar the BIR from assessing the correct tax due
Stay compliant. Stay informed. CSK Corp has got you covered. ๐
*Accounting ยท HR ยท Legal ยท Business Consultancy*
*09176365479 | [email protected]*
www.cskcorp.online