Halfway through fiscal year (FY) 2025, the government’s revenue performance is showing mixed results, as the Bureau of Internal Revenue (BIR) is seen to meet its target while the Bureau of Customs (BOC) is projected to fall short—a familiar scene from history. Finance Secretary Ralph G. Recto...
Despite hitting its first-half collection target of ₱1.5 trillion and even modestly exceeding it, the Bureau of Internal Revenue (BIR) hinted at the possibility of downscaling its full-year ₱3.2 trillion target, as the country’s main tax collection agency may fall short of it. “I think...
Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui, Jr. has been awarded an Executive Certificate in Public Leadership from the Harvard Kennedy School (HKS on his dedication to continuous professional development and exemplary public service. Lumagui earned this certificate by...
The Bureau of Internal Revenue (BIR) has elevated two tax evasion cases, totaling ₱796.95 million, to the Court of Tax Appeals (CTA) after the Department of Justice (DOJ) ruled in government’s favor. In a statement on Monday, July 7, BIR Commissioner Romeo D. Lumagui, Jr. noted that criminal...
The Bureau of Internal Revenue (BIR) has extended the deadline for the online or electronic registration of all Non-Resident Digital Service Providers (NRDSPs) until July 1, 2025. In a statement, BIR Commissioner Romeo D. Lumagui Jr. announced on Tuesday, June 24, that the extension was due to...
Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. said the government’s main tax agency’s ₱18 billion proposal for 2026 covers plans to build a tax-focused contact center and office space expansion to accommodate more taxpayers and reduce queues. “We want to improve our...
Consunji-led Semirara Mining and Power Corp. (SMPC) has filed a case against the Department of Finance (DOF), the Bureau of Internal Revenue (BIR), and the Bureau of Customs (BOC) over the imposition of taxes on its fuel imports. In a disclosure to the Philippine Stock Exchange on Wednesday, June...
Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. confirmed that the agency’s current collection target of ₱3.2 trillion may be revised due to the country’s slower-than-expected gross domestic product (GDP) growth. “If you follow the GDP growth, there should be a recalibration...
The Bureau of Internal Revenue (BIR) has extended work hours at its Revenue District Offices (RDOs) to accommodate the surge of taxpayers availing of the estate tax amnesty before the June 16 deadline. In a statement, BIR Commissioner Romeo D. Lumagui Jr. said that RDOs have extended their...
The Food and Drug Administration (FDA) has endorsed 10 additional drug products for inclusion in the Bureau of Internal Revenue’s (BIR) list of Value-Added Tax (VAT)-exempt medicines. In FDA Advisory No. 2025-0510 issued on June 4, the agency identified the newly endorsed products, which include...
Authorities busted an online-enabled illicit vape operation in Bulacan, seizing over 18,000 vape products and counterfeit tax stamps due to a coordinated effort between the Bureau of Internal Revenue (BIR) and the National Bureau of Investigation (NBI). In a statement, BIR Commissioner Romeo...
The Bureau of Internal Revenue (BIR) has introduced simplified procedures for value-added tax (VAT) refund claims, as part of its implementation of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) MORE Act. Detailed in Revenue Memorandum Circular (RMC) No. 37-2025, the changes aim...
