The Bureau of Internal Revenue (BIR) has commenced the nationwide destruction of confiscated untaxed cigarettes valued at ₱2.1 billion. The operation, which runs from today until the end of the month, aims to eliminate illicit tobacco products and prevent them from re-entering the market. BIR...
The Bureau of Internal Revenue (BIR) has filed tax evasion cases against individuals involved in a large-scale illicit cigarette operation in Bulacan and Valenzuela, following a raid last November. In a statement on Monday, Feb. 17, BIR Commissioner Romeo D. Lumagui Jr. said the bureau filed an...
BIR officers are providing clear explanations and step-by-step guidance to help taxpayers navigate the system. The TCVD emphasizes education and support, fostering a collaborative approach to fiscal responsibility. A friendlier, more sustainable approach to tax compliance is gaining traction...
The Bureau of Internal Revenue (BIR) will aggressively continue its campaign against ghost receipts, illicit vape products, and illegal cigarettes throughout 2025, Commissioner Romeo D. Lumagui Jr. announced. Lumagui's statement follows President Ferdinand Marcos Jr.'s recent warning during the...
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...
Senator Sherwin Gatchalian has called for a congressional inquiry into a Bureau of Internal Revenue (BIR) requirement that allegedly threatens the tax exemption privileges of cooperatives. Gatchalian is referring to the requirement for cooperative members to present a Tax...
While the Bureau of Internal Revenue (BIR) expressed optimism about repeating its historic beyond-target collection in 2025, achieving the double-digit growth target this year will be challenging for the Bureau of Customs (BOC), President Marcos’ chief economic manager said. Department of Finance...
Sultan Kudarat 2nd district Rep. Horacio Suansing Jr. stands at the podium on the plenary floor. (Facebook) Sultan Kudarat 2nd district Rep. Horacio Suansing Jr. is prodding the Bureau of Internal Revenue (BIR) and the Philippine Competition...
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...
BIR Commissioner Romeo D. Lumagui, Jr. (left) 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. BIR Commissioner Romeo D. Lumagui, Jr. said credit goes to the hardworking...
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,...