Jun Ramirez
BIR adds 16 medicines to VAT-free list
December 16, 2024 8:16 am
The Bureau of Internal Revenue (BIR) has expanded its support for affordable health care by exempting 16 additional medicines for cancer, diabetes, and mental illness from Value Added Tax (VAT).
Lumagui revamps BIR in bid to increase tax revenue
December 13, 2024 2:21 am
Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui Jr. has reassigned 30 Revenue District Officers (RDOs) across the country as part of preparations for next year’s tax collection campaign, which aims to raise at least P3.2 trillion.
BIR wages war on fake PWD IDs, aims to recover P88 billion in lost revenue
December 12, 2024 12:30 am
The Bureau of Internal Revenue (BIR) is stepping up its efforts to combat the fraudulent use of fake Person with Disability (PWD) identification cards (IDs), which resulted in an estimated P88.2 billion in lost tax revenue last year.
BIR backs VAT refund for tourists, eyes tourism growth
December 11, 2024 10:35 pm
The Bureau of Internal Revenue (BIR) fully supports the newly enacted Value-Added Tax (VAT) Refund for Non-Resident Tourists law (Republic Act No. 12079) to boost tourism and the economy.
BIR's crackdown on illicit vapes nets over P400 million in tax liabilities
December 03, 2024 6:21 am
The Bureau of Internal Revenue (BIR) said that it has seized over half a million units of illicit vapes and uncovered more than P400 million in tax liabilities through a nationwide crackdown on illegal vape retailers.