Section 7 of Revenue Regulations No. 14-2010 amends Section 10 of RR No. 10-2006 as follows:
"Section 10. Renewal of Accreditation - Within sixty (60) days prior to the expiration of the accreditation, Tax Agents/Practitioners as defined under Section 2(e) hereof may apply for renewal of their accreditation.
In addition to the requirements provided under Section 4, submit the certified true copies of the following documents:
In addition to the requirements provided under Section 4, submit the certified true copies of the following documents:
A. PRC ID for CPAs/Integrated Bar of the Philippines (IBP) ID for lawyers;
B. Current Certificate of Registration with the Board of Accountancy (BOA)/IBP;
C. Current Professional Tax Receipt (PTR) for individuals or Business Permit/Municipal License for non-individuals issued by the local government where registered;
D. Certificate of Membership in Good Standing with his/her/its PICPA Chapter or ACCPA (for CPAs) or Integrated Bar of the Philippines (for lawyers);
E. Certificate of Training at least six (6) hours per year or a total of eighteen (18) hours for the three (3) years of continuing professional education (CPE) in taxation from training/seminars conducted by the BIR (e.g. Revenue Regions, RDOs, etc.) or from private institutions (e. g. tax/auditing firms, educational or training institutions, professional organizations, etc.) where the number of training hours earned are printed on the certificates and obtained not more than a year prior to the renewal for accreditation;
F. Expired Certificate of Accreditation issued by the BIR;
G. Annual Registration Fee of P500 per year (current year and past three years);
H. Alphalist of Taxpayers Audited for the past three (3) years showing the Registered Name, TIN, engagement period, Letter of Authority (LOA)/Tax Verification Number (TVN), if any;
I. Sworn Statement that the individual/partnership/firm has observed the conditions and provisions prescribed on accreditation with affixed documentary stamp tax;
J. Income Tax Return (ITR) of the previous two (2) years.
The RNAB/RRAB shall make a random review of the financial statements audited by the accredited external auditor and their compliance with the above. Non-compliance with any of the provisions on accreditation shall be a ground for the revocation / cancellation of his/her/its accreditation.
An external auditor whose accreditation has been cancelled may re-apply for accreditation after two years. Provided, that no further re-accreditation shall be granted after two (2) cancellations. In the re-application, the procedures and requirements for renewal shall be observed."
