The Bureau of Internal Revenue (BIR) has reminded vape sellers that they have until Saturday, June 1, to affix tax stamps on their products before distributing them to buyers. BIR Commissioner Romeo D. Lumague, Jr. warned that any unstamped vape products will be seized, and owners will face...
The Bureau of Internal Revenue (BIR) has caught a syndicate that tricked taxpayers into paying them millions of pesos to help with their tax issues. BIR Commissioner Romeo D. Lumagui said this group of private citizens, who were not affiliated with the bureau, convinced the victim that they...
The Bureau of Internal Revenue (BIR) has decided to extend the transition period for the implementation of a one percent withholding tax on online merchants. Based on BIR memorandum circular no. 54-2024, electronic marketplace operators and digital financial services providers now have until July...
The Bureau of Internal Revenue (BIR), the government's main tax agency agency, collected P446.5 billion in the first two months of this year, surpassing its target by over 24 percent. In a statement on Thursday, April 11, BIR Commissioner Romeo D. Lumagui, Jr. announced that the agency's...
The Bureau of Internal Revenue (BIR) is set to make tax history this April with its ambitious goal of achieving a record collection, representing a double-digit increase from the previous year. As Filipino taxpayers prepare to file their income tax returns (ITRs) for 2023, the government's main tax...
The Bureau of Internal Revenue's (BIR) specialized unit responsible for managing the tax affairs of large corporations in the country is projected to collect P1.841 trillion this year. According to BIR Revenue Memorandum Order (RMO) No. 11-2024, the Large Taxpayers Service (LTS) is tasked...
The Rotary Club of Makati honored Bureau of Internal Revenue (BIR) Commissioner Jun Lumagui with the Youth Leadership Role Model award. During the club's 58th Charter Anniversary celebration and Paing Hechanova Youth Leadership Awards Night, Lumagui was commended for his outstanding leadership at...
The Bureau of Internal Revenue (BIR) has urged the public to file their annual income tax returns (ITRs) on time to avoid penalties that could reach up to P25,000 or more. In a Facebook post, BIR Commissioner Romeo D. Lumagui Jr. emphasized the importance of early submission for the 2023 ITRs,...
The Bureau of Internal Revenue (BIR) has raised red flags on the practice of utilizing two deeds of sale in real estate transactions, branding it as a serious form of tax evasion. BIR Commissioner Romeo Lumagui Jr has firmly declared that the common practice of dual deeds of sale is in violation of...
Finance Secretary Ralph G. Recto vowed to enhance government enforcement actions against tax evaders to provide support to the Bureau of Internal Revenue (BIR) in boosting its tax collections. At the BIR’s National Tax Campaign Kick-off event, Recto has assured the unwavering support of the...
The Bureau of Internal Revenue (BIR) has announced that the agency has 1,518 job vacancies that urgently require staffing. According to BIR Commissioner Romeo Lumagui Jr., these positions span across various roles including administrative aides, statisticians, revenue and intelligence...
The Bureau of Internal Revenue (BIR) has added 21 medicines for conditions like diabetes and hypertension to the list of those exempt from value-added tax (VAT). BIR Commissioner Romeo Lumagui Jr. said that two cancer drugs, five for diabetes, two for high cholesterol, five for hypertension, four...
