Damage done by Ondoy |
Calamities brought about by typhoons, earthquakes, fires, or any other natural or unnatural disasters to which your business incurred losses should be reported to the BIR within 45 days.
Like the damage brought about by typhoon Ondoy and the recent typhoon Pedring that damage a lot of structures from homes to business. You need to report the damages. Photos of the damages and items that were lost.