The Bureau of Internal Revenue (BIR) filed multiple criminal complaints against buyers of “ghost receipts” to crack down on fraudulent tax evasion schemes. In a statement, BIR Commissioner Romeo D. Lumagui Jr. said the bureau filed criminal complaints before the Department of Justice (DOJ) on...
Despite meeting its first-half revenue target, Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. believes that hitting the “too high” ₱3.2-trillion full-year goal could be an uphill battle if regulators move to ban online gambling, a measure that may significantly dent tax...
The Department of Justice (DOJ) has filed criminal charges against popular footwear brand World Balance and its corporate officers for an alleged ₱178.8 million in basic tax deficiencies, a result of the company 's use of fictitious receipts from ghost companies. In a statement on Monday,...
Despite hitting its first-half collection target of ₱1.5 trillion and even modestly exceeding it, the Bureau of Internal Revenue (BIR) hinted at the possibility of downscaling its full-year ₱3.2 trillion target, as the country’s main tax collection agency may fall short of it. “I think...
Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui, Jr. has been awarded an Executive Certificate in Public Leadership from the Harvard Kennedy School (HKS on his dedication to continuous professional development and exemplary public service. Lumagui earned this certificate by...
The Bureau of Internal Revenue (BIR) has elevated two tax evasion cases, totaling ₱796.95 million, to the Court of Tax Appeals (CTA) after the Department of Justice (DOJ) ruled in government’s favor. In a statement on Monday, July 7, BIR Commissioner Romeo D. Lumagui, Jr. noted that criminal...
Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. said the government’s main tax agency’s ₱18 billion proposal for 2026 covers plans to build a tax-focused contact center and office space expansion to accommodate more taxpayers and reduce queues. “We want to improve our...
Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. confirmed that the agency’s current collection target of ₱3.2 trillion may be revised due to the country’s slower-than-expected gross domestic product (GDP) growth. “If you follow the GDP growth, there should be a recalibration...
The Bureau of Internal Revenue (BIR) has extended work hours at its Revenue District Offices (RDOs) to accommodate the surge of taxpayers availing of the estate tax amnesty before the June 16 deadline. In a statement, BIR Commissioner Romeo D. Lumagui Jr. said that RDOs have extended their...
Authorities busted an online-enabled illicit vape operation in Bulacan, seizing over 18,000 vape products and counterfeit tax stamps due to a coordinated effort between the Bureau of Internal Revenue (BIR) and the National Bureau of Investigation (NBI). In a statement, BIR Commissioner Romeo...
The Bureau of Internal Revenue (BIR) has introduced simplified procedures for value-added tax (VAT) refund claims, as part of its implementation of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) MORE Act. Detailed in Revenue Memorandum Circular (RMC) No. 37-2025, the changes aim...
The Insurance Commission (IC) reported on Wednesday, May 21, that the local life insurance industry’s total premium income surged 13.9 percent to ₱99.9 billion in the first quarter of the year, boosted largely by a massive jump in single premiums under variable life insurance. By volume, the...
