The Bureau of Customs has vowed to improve trade facilitation efforts and mechanisms, in response to changes in the global economy. In a statement, Customs Commissioner Bienvenido Y. Rubio said the bureau is committed to promoting trade facilitation through new and existing international...
(CHED file) The Commission on Higher Education (CHED) on Friday, April 18, officially announced the appointment of its new commissioner Ethel Agnes Pascua-Valenzuela. “With Dr. Valuenzuela’s extensive professional experience in higher education, I am confident that she will be...
The Bureau of Customs (BOC), the government's second-largest tax agency, has exceeded its collection target in the first quarter, driven by improved trade processes and stricter border security measures. Customs Commissioner Bienvenido Y. Rubio said the agency gathered P219.38 billion from January...
The Bureau of Internal Revenue (BIR) has decided to extend the transition period for the implementation of a one percent withholding tax on online merchants. Based on BIR memorandum circular no. 54-2024, electronic marketplace operators and digital financial services providers now have until July...
The Bureau of Customs has intercepted an attempt to smuggle approximately P37 million worth of marijuana, also known as dried kush, at the Manila port following a thorough physical inspection and x-ray scanning. On Friday, April 12, the Customs Intelligence and Investigation Service at the Manila...
The Bureau of Internal Revenue (BIR), the government's main tax agency agency, collected P446.5 billion in the first two months of this year, surpassing its target by over 24 percent. In a statement on Thursday, April 11, BIR Commissioner Romeo D. Lumagui, Jr. announced that the agency's...
The Bureau of Internal Revenue (BIR) is set to make tax history this April with its ambitious goal of achieving a record collection, representing a double-digit increase from the previous year. As Filipino taxpayers prepare to file their income tax returns (ITRs) for 2023, the government's main tax...
Simultaneous operations by the Bureau of Customs (BOC) uncovered counterfeit underwear, hardware products, and various other items in Caloocan City and Bocaue, Bulacan last week. The BOC Customs Intelligence and Investigation Service-Manila International Container Port (CIIS-MICP) reported the...
The Bureau of Internal Revenue's (BIR) specialized unit responsible for managing the tax affairs of large corporations in the country is projected to collect P1.841 trillion this year. According to BIR Revenue Memorandum Order (RMO) No. 11-2024, the Large Taxpayers Service (LTS) is tasked...
The Rotary Club of Makati honored Bureau of Internal Revenue (BIR) Commissioner Jun Lumagui with the Youth Leadership Role Model award. During the club's 58th Charter Anniversary celebration and Paing Hechanova Youth Leadership Awards Night, Lumagui was commended for his outstanding leadership at...
The Bureau of Internal Revenue (BIR) has urged the public to file their annual income tax returns (ITRs) on time to avoid penalties that could reach up to P25,000 or more. In a Facebook post, BIR Commissioner Romeo D. Lumagui Jr. emphasized the importance of early submission for the 2023 ITRs,...
The Bureau of Customs (BOC) has exceeded anew its collection target for February, driven by enhanced import valuations, digitalization efforts, as well as advancements in procedures and trade facilitation. In a statement on Tuesday, March 5, Customs Commissioner Bienvenido Y. Rubio reported that...
