The Bureau of Internal Revenue (BIR) has instructed importers, manufacturers, and distributors of perfumes, colognes, and toiletry products to settle an excise tax liabilities totaling over P604 million. Informed sources disclosed that Commissioner Romeo D. Lumagui Jr. issued this directive...
The United Registrar System (URS) of the International Standard Organization (ISO) has bestowed high accolades upon the Laguna-Quezon-Marinduque (La-Que-Mar) region of the Bureau of Internal Revenue for its exceptional professionalism and exemplary service to taxpayers. The regional office based in...
The Court of Tax Appeals (CTA) has denied the petition of Nestle Philippines, Inc. for a refund of P1.26 billion for Sweetened Beverage Tax (SBT) for its MILO products. Nestle claimed it is not liable to pay the SBT on its removals of MILO products, which is a powdered chocolate malt flavored...
The Court of Tax Appeals (CTA) has ruled in favor of the Bureau of Internal Revenue (BIR) as it denied the petition filed by Valle Verde Country Club, Inc. which sought a P7.449 million refund for output value-added tax (VAT) on membership fees, assessment dues, and other charges from April 2018 to...
The Bureau of Internal Revenue (BIR) has been acknowledged by the Civil Service Commission (CSC) as one of seven government agencies that significantly improved their frontline services to the public throughout 2022. The CSC's Contact Center Ng Bayan has praised the BIR for its consistent...
Senator Sherwin Gatchalian has called on the Bureau of Internal Revenue (BIR) to step up its efforts against the proliferation of "ghost" and fake receipts. According to Gatchalian, such activities are denting government revenues and adversely affecting micro-enterprises. The senator...
The Court of Tax Appeals (CTA) has granted P3.1 million out of the P5.5 million refund sought by the Philippine Airlines, Inc. (PAL) for the excise taxes the firm paid for imported wines, liquors and cigarettes in 2009 for consumption in its international flights. In its Oct. 5, 2023 decision, the...
The Bureau of Internal Revenue (BIR) has introduced a new exemption for certain agricultural producers with annual gross sales of less than P1 million, aimed at streamlining government transactions. According to Revenue Regulations No.12-2023, signed by Finance Secretary Benjamin E. Diokno and...
Senator Sherwin Gatchalian has called on the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) to fix its issues on unfilled positions and low salaries of personnel. Sen. Sherwin Gatchalian (Senate PRIB Photo) During the Senate hearing on the...
The Bureau of Internal Revenue (BIR) has embarked on a new approach to recover huge delinquent tax debts, using its electronic capabilities. BIR Commissioner Romeo D. Lumagui Jr. ordered regional directors and other collection officers to use e-mails in serving warrant of garnishments (WGs) to...
The Securities and Exchange Commission (SEC) has partnered with the United Nations Office on Drugs and Crime (UNODC) and Open Ownership (OO) in using its beneficial ownership data (BOD) to promote tax integrity. Last Sept. 22, the SEC conducted a focus group discussion (FGD) on Beneficial Ownership...
The Court of Tax Appeals (CTA) has ordered the Bureau of Internal Revenue (BIR) to refund or issue tax credits amounting to P43.9 million to Petron Corporation for the erroneously collected excise taxes on the firm’s importation of more than 9.7 million liters of alkylate in 2016 and 2017. Google...
