The Bureau of Internal Revenue (BIR) unveiled on Thursday its new logo during its 120th anniversary. Its previous logo had not been changed for the past 60 years, the BIR said. Earlier, the BIR held a logo-making contest with the best entry to be rewarded P100,000. The logo, BIR Commissioner Romeo...
The Bureau of Internal Revenue's (BIR) specialized unit responsible for managing the tax affairs of large corporations is expected to exceed its collection target this year. Based on the amended 2024 BIR collection program, the Large Taxpayers Service (LTS) has revised the collection goal to P1.883...
The Bureau of Internal Revenue (BIR) has extended the deadline for filing and paying various taxes to July 31 due to the economic and financial hardships caused by Super Typhoon Carina in affected areas. "In this time of need and disaster, the BIR will extend the deadlines for submission, filing,...
The Bureau of Internal Revenue (BIR) seized a vending machine openly selling illegal vape products near popular hangout spots for youth. In a Facebook post by BIR Commissioner Romeo D. Lumagui Jr., he said the vending machine in a public building housing several businesses was found to sell illegal...
CEBU CITY – Charges were filed against a woman for allegedly manufacturing and selling falsified Tax Identification Number (TIN) cards. NATIONAL Bureau of Investigation-Central Visayas Regional Director Renan Oliva (left) shows the mug shots of a woman who was arrested for allegedly selling...
Online marketplaces like Facebook and Shopee may be shut down if unregistered online sellers are still able to sell on their platforms, Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui Jr. said. Lumagui told reporters on Wednesday, July 17, that online sellers whose businesses are not...
The Bureau of Internal Revenue (BIR) partnered with the Securities and Exchange Commission (SEC) to create an interagency data-sharing system to expedite the verification of registered businesses in the country. BIR Commissioner Romeo D. Lumagui Jr. and SEC Chairperson Emilio B. Aquino signed a...
The Bureau of Internal Revenue (BIR) has released a detailed guide on invoicing requirements under Revenue Memorandum Circular No. 77-2024. Titled "GABAY PARA SA INVOICING REQUIREMENTS," BIR Commissioner Romeo D. Lumagui Jr. offers businesses and taxpayers clear ways to adhere to proper...
The Bureau of Internal Revenue (BIR) has started implementing the withholding tax requirement for online sellers who conduct business on electronic marketplaces like Lazada and Shopee. In a statement, BIR Commissioner Romeo D. Lumagui Jr. said there will be no further extensions for online...
The Bureau of Internal Revenue (BIR), the government’s main tax agency, fell short of its tax collection target for the first half of the year, data released by the Department of Finance (DOF) revealed. A report on the DOF’s official Facebook page showed that the BIR, responsible for generating...
Department of Finance Secretary Ralph G. Recto called on the government’s two main tax agencies to expedite their digitalization efforts to reach the P4.27 trillion target for this year. During a meeting on Wednesday, July 11, Recto discussed with the Bureau of Internal Revenue (BIR) and the...
The Department of Finance (DOF) announced that government revenues have already achieved half of the target for the year in the first semester, indicating a promising outlook for meeting the full-year goal. Finance Secretary Ralph G. Recto said that a total of P2.13 trillion in revenues was...
