Tag page - Bureau of Internal Revenue (BIR)

The Bureau of Internal Revenue (BIR) assured lawmakers of its full support for the proposed measure allowing banks to dispose their bad loans and other non-performing assets (NPAs) through asset management companies. BIR Commissioner Caesar Dulay gave this assurance during a recent joint hearing of...

The Duterte administration may borrow less than programmed for the rest of the year should the government’s two main tax agencies continue to exceed their downscaled collection targets, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III ( MB FILE, Albert Garcia) While...

The national government’s two main tax agencies have exceeded their reduced collections targets in the first eight-months of the year, but still lower than their performance in the same period last year, the Department of Finance (DOF) said. Based on the preliminary data submitted to the DOF, the...