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...
The Bureau of Customs (BOC), the second largest tax agency in the government, surpassed its collection target for the month of September. In a statement, the Customs bureau said that it collected over P79.225 billion in duties and taxes last month. This amount exceeded the target for the period by...
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 Bureau of Internal Revenue (BIR) seized thousands of cartons of untaxed perfumes, colognes, and toiletries during a nationwide inspection of malls and retail outlets. The majority of these confiscated items were found in Metro Manila, with the largest seizure occurring at the facilities of...
Candidates running for national and local elections, including barangay positions, no longer need to register with the Bureau of Internal Revenue (BIR). BIR Commissioner Romeo D. Lumagui, Jr. clarified in Revenue Memorandum Circular (RMC) No. 97-2023 that registration and registration fees are not...
The Bureau of Internal Revenue (BIR) has successfully addressed all complaints and inquiries forwarded by Malacañang during the initial seven months of this year. The 8888 Citizens' Complaint Center, affiliated with the Office of the President, conveyed a total of 842 concerns from January to...
A vessel containing illicit fuel products has been confiscated by the Bureau of Customs in Zamboanga City. In a statement, Customs said the agency has intercepted the M/L Zshahuny II on Sept. 9 at Brgy. Cawit, Zamboanga City for transporting 89,600 liters of smuggled diesel fuel valued at...
By MARK REY MONTEJO Jeron Teng will no longer be part of the Converge FiberXers in the upcoming PBA Commissioner's Cup, the team announced on Tuesday, Sept. 19. Jeron Teng. (PBA Images) Teng’s contract expired last Aug. 31, with the Converge management opting not to sign him for the...
The Bureau of Customs (BOC) has confiscated over 42,000 sacks of rice in Zamboanga City. In a statement, Customs said the bureau forfeited 42,180 sacks of Alas Jasmine Fragrant rice, valued at P42 million, that were discovered inside a warehouse in Brgy. San Jose Gusu, Zamboanga City. The...
The Bureau of Internal Revenue (BIR) has issued updated regulations for the new estate tax amnesty program to benefit more than one million heirs of the deceased. Finance Secretary Benjamin E. Diokno issued Revenue Regulations No. 10-2023 to implement these changes prescribed by Republic Act (RA)...
In a bid to further empower citizens, Commission on Elections (Comelec) Chairman George Erwin Garcia said that reporting incidents of vote buying and selling is not required to be a formal complaint. MB file photo "Hindi kinakailangang formal complaint, hindi kinakailangang under oath. Ibato lang...
The Bureau of Internal Revenue (BIR) has issued Revenue Regulations (RR) introducing changes to the old RR Nos. 17-2011 and 2-2022, which pertain to the implementation of the Personal Equity and Retirement Account (PERA) Act of 2008. Under the new RR No. 7-2023, the maximum annual PERA...
