Credit to Author: Javier J. Ismael| Date: Wed, 18 Mar 2020 03:30:44 +0000
SEN. Christopher Lawrence “Bong” Go appealed to the Department of Finance (DoF) and the Bureau of Internal Revenue (BIR), to extend the deadline for the filing of Annual Income Tax Returns (ITRs). Go made the appeal after the BIR released last Monday Revenue Memorandum Circular 25-2020, which states that the “filing shall still be done […]
Read moreCredit to Author: Mayvelin U. Caraballo, TMT| Date: Tue, 25 Feb 2020 16:53:10 +0000
EXCISE tax payments of cigarette manufacturers rose last year, accounting for more than half of the government’s total sin tax collections, data from the Department of Finance (DoF) showed. The Bureau of Internal Revenue (BIR) collected P147.5 billion in ‘sin’ taxes from cigarette products in 2019, up 8 percent from the P136.5 billion collected a […]
Read moreCredit to Author: clopez| Date: Thu, 15 Aug 2019 21:40:38 +0000
An alleged member of a kidnap gang that preys on Bureau of Internal Revenue (BIR) officials was killed in a shootout with police in Marilao town, Bulacan province, on Thursday. Leo dela Fuente, 41, died in the clash with police officers who were serving a court warrant to search for high-powered firearms and explosives at […]
The post 1 dead as cops hunt down kidnap gang preying on BIR officials appeared first on Inquirer News.
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Credit to Author: acerojano| Date: Thu, 15 Aug 2019 14:37:52 +0000
MANILA, Philippines – The Supreme Court has ruled that membership fees, assessment dues and other fees collected by clubs organized for “pleasure, recreation and other non-profit purposes” are not subject to income and value-added taxes. In a decision by the high court’s 2nd division, it set aside the ruling of the Makati City Regional Trial […]
The post Recreational club fees not subject to taxes – SC appeared first on Inquirer News.
Read moreCredit to Author: racosta| Date: Thu, 15 Aug 2019 10:45:56 +0000
MANILA, Philippines—Police are investigating the kidnapping of Bureau of Internal Revenue (BIR) officials as possibly cases of inside jobs because of the involvement of “tipsters” helping kidnappers identify their prey, according to the Philippine National Police (PNP) chief. “There are indications that someone is tipping off” kidnappers about who to take next at the BIR, […]
The post PNP chief: Not far fetched for BIR kidnappings to be “inside job” appeared first on Inquirer News.
Read moreCredit to Author: acerojano| Date: Fri, 09 Aug 2019 12:50:29 +0000
A woman born without legs in Calbayog, Samar was barred from entering a Bureau of Internal Revenue (BIR) branch office for supposedly wearing shorts.
The post Woman born without legs barred from entering BIR office for wearing shorts appeared first on Inquirer News.
Read moreCredit to Author: Alexander Magno| Date: Wed, 17 Jul 2019 12:28:34 +0000
Dionisia Pacquiao — sometimes referred to as Pacmom, after Pacman, the monicker of her boxing champ son, Sen. Manny Pacquiao — has already won her fight in a P1.39-million tax case filed before the Court of Tax Appeals (CTA).
The post Pacmom wins tax deficiency case on a technicality appeared first on Inquirer News.
Read moreCredit to Author: The Manila Times| Date: Tue, 09 Apr 2019 06:07:07 +0000
AMNESTY for delinquent taxpayers will be implemented on April 24 following the publication of implementing rules and regulations (IRR) on Tuesday by the Department of Finance (DoF). Signed by Finance…READ
The post Amnesty for tax delinquents effective on April 24 appeared first on The Manila Times Online.
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Credit to Author: clopez| Date: Tue, 12 Feb 2019 08:24:05 +0000
The Bureau of Internal Revenue in Central Visayas (BIR-7) has closed down two resorts on Panglao Island in Bohol province for under-declaring its income.
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Credit to Author: besguerra| Date: Tue, 29 Jan 2019 23:24:23 +0000
The taxman did not meet his collection target in 2018 despite the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Act, a revenue measure consumers blamed for rising prices of basic goods and services.
The post Tax revenue up 10% but 4% short of P2-trillion BIR target appeared first on Inquirer News.
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