Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. expressed optimism that the agency can achieve its ₱3.2 trillion revenue target for this year, provided major tax measures are passed. If achieved, this would mark a second consecutive year of the BIR, the government’s main tax...
Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. expressed openness to a proposed moratorium on the annual increase in excise taxes on tobacco products, provided that the agency's tax collection targets are revised accordingly. "One issue that we will be [facing] moving forward if...
The Bureau of Internal Revenue (BIR) is optimistic it will hit its record P3-trillion collection target this year after a historic performance last year. BIR Commissioner Romeo D. Lumagui Jr. told the Manila Bulletin on Wednesday, Jan. 15, that the bureau, the government’s main tax agency, will...
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. In a statement, BIR Commissioner Romeo D. Lumagui Jr. said this new policy,...
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). In a statement, the BIR said this move aligns with the latest list of VAT-exempt products approved by...
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. Sources revealed that additional reassignments are...
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. In a statement, BIR Commissioner Romeo D. Lumagui Jr., said on...
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. In a Facebook post, BIR Commissioner Romeo D. Lumagui Jr. said that the bureau “supports the VAT Refund...
The Bureau of Internal Revenue (BIR) raided a vape store in Quezon City for selling illicit vape products through a secret "menu.” In a statement, BIR Commissioner Romeo D. Lumagui Jr. said the raid took place at a bodega in Tomas Morato, Quezon City, on Nov. 19 after receiving reports of the...
The Bureau of Internal Revenue (BIR) has removed the P100 certification fee for the Certificate of Exemption application to ease the financial burden on low-income individuals seeking scholarships and job opportunities. "Those who apply for scholarships and job/livelihood programs do not have to...
The Bureau of Internal Revenue (BIR) has conducted a large-scale raid against an illicit cigarette factory and three warehouses, uncovering P8.5 billion in tax liabilities. In a statement, BIR Commissioner Romeo D. Lumagui Jr., said the simultaneous raid last Nov. 6 targeted a factory in Bulacan...
The Bureau of Internal Revenue (BIR) said it will block online businesses that violate tax laws, especially with the expected increase in online sales during the holiday season. In a statement, BIR Commissioner Romeo D. Lumagui Jr. warned online marketplaces, e-marketplaces, and online...
