Jun Ramirez
BIR breaks collection target, reaches P2.8T mark for first time in 20 years
January 14, 2025 7:54 am
The Bureau of Internal Revenue (BIR) has achieved a milestone in its revenue collection target by reaching the P2.848 trillion mark for the first time in 20 years.
No tax clearance, no payment: BIR tightens rules for government contractors
January 07, 2025 11:59 pm
The Bureau of Internal Revenue (BIR) will now require government contractors to secure an updated tax clearance before the final settlement of a government contract to ensure they have no outstanding tax liabilities.
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.