December 17, Sunday the intensity of Typhoon Sendong brought the city of Cagayan de Oro, and Iligan to its knees.
Businesses affected by the recent typhoon Sendong should be reported to the Bureau of Internal revenue within 45 days after the event.
The BIR has previously issued Revenue Memorandum Order (RMO) No. 31-2009, dated October 16, 2009, which laid down the policies and guidelines for the reporting and claiming of casualty losses, in general. This was issued in aftermath of Typhoon Ondoy and Pepeng. (For annexes attached to this RMO click this links for Annex A and Annex B you will be ask to open or save to download file to your PC)