Collections of the government’s two main tax agencies surpassed the P2-trillion mark in the first nine months of the year, nearing the pre-pandemic level, the Department of Finance (DOF) reported Friday, Oct. 22. Finance Secretary Carlos G. Dominguez III said tax haul of the Bureau of Internal...
The Bureau of Internal Revenue (BIR) said Friday, Oct. 15, that only medicines and medical devices directly used for the treatment of coronavirus disease (COVID-19) are exempted from the 12 percent value-added tax (VAT) implemented last June. Bureau of Internal Revenue The BIR issued the...
More than half of the initial list of tax-delinquent social media influencers have yet to begin the sign-up process with the Bureau of the Internal Revenue (BIR) despite crackdown, the Department of Finance (DOF) said. Finance Assistant Secretary Dakila Elteen M. Napao said late Friday, Oct. 8,...
Agents of the Bureau of Internal Revenue (BIR) have seized boxes of electronic cigarettes, or vape products, in two separate raids in Taguig and Paranaque. The operations, which were given a go by Revenue Deputy Commissioner for Operations Arnel SD. Guballa, stemmed from reports that the Apolloplus...
The Bureau of Internal Revenue (BIR) has extended the deadline for the filing of value-added tax (VAT) refund claims as it suspended the processing of such claims due to the coronavirus disease (COVID-19) pandemic. Bureau of Internal Revenue BIR Commissioner Caesar Dulay issued the announcement...
The Senate approved on second reading Wednesday, September 22, the bill that would ensure that private schools will not be imposed with hefty taxes under the country's laws. (Rio Deluvio/MANILA BULLETIN File Photo) Members of the upper chamber quickly gave their nod to the passage of Senate Bill...
The House Special Committee on Senior Citizens on Tuesday, Sept. 21, approved in principle a bill that would grant senior citizens an exemption from income taxes. (Mark Balmores/MANILA BULLETIN File Photo) House Bill No. 8832, filed by Senior Citizens' Party List Representative Rodolfo Ordanes,...
Jayzam Manabat and Camille Trinidad Controversial couple Jayzam Manabat and Camille Trinidad have finally broken their silence over the issue they got involved in recently. According to the couple, collectively known as JaMill, a representative from the Bureau of Internal Revenue (BIR) visited...
Some 250 famous social medial (socmed) personalities are now being investigated by the Bureau of Internal Revenue (BIR) for possible tax evasion, the Department of Finance (DOF) said. In a statement, the DOF said on Thursday, Sept. 16, that the tax bureau is looking into an initial 250 top earning...
E-Cigarettes The Bureau of Internal Revenue (BIR) will start affixing tax stamps on e-cigarettes and heated tobacco products (HTP) to ensure tax compliance among manufacturers of these alternatives to traditional smoking. Based on BIR Revenue Regulations No. 28 dated Sept. 10, 2021, the the...
House Deputy Speaker and Ilocos Sur Rep. Deogracias Victor Savellano on Monday, Sept. 13 appealed for a more sustained and stronger government efforts in addressing the illicit cigarette trade in many parts of the country. Rep. DV Savellano2 In a privilege speech, Savellano aired alarm over the...
Rewards obtained from tipping off tax-evading vloggers and other social media influencers are still subject to tax from the very agency that would give them--the Bureau of Internal Revenue (BIR). Under the new reward payment schedule, an informant gets10 percent of whatever the BIR collects but the...
