The Bureau of Customs (BOC), the government’s second-largest tax agency, said it had surpassed its target for the first 10 months of the year, driven by stricter enforcement and increased tax collections. In a statement on Monday, Nov. 11, Customs Commissioner Bienvenido Y. Rubio said the agency...
Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui expressed uncertainty whether the P1-billion collected from vape stamps will be sufficient to close the country's excise tax deficit for 2024. "It might still not be enough, since it [the system] has just started," Lumagui told...
By DERCO ROSAL The Bureau of Customs (BOC) seized 21 containers of smuggled frozen mackerel from China at the Manila International Container Port (MICP) as part of a crackdown on illegal agricultural imports. The Customs Intelligence and Investigation Service (CIIS) estimated the value of each...
The Bureau of Internal Revenue (BIR) has once again dealt a blow to the illicit cigarette trade, this time uncovering a large-scale secret factory in Cabanatuan City. In a statement on Tuesday, Oct. 29, the BIR said the raid, conducted in cooperation with the National Bureau of Investigation...
The Bureau of Internal Revenue (BIR) has dealt another blow to illicit cigarette trade in the country, with the recent raid of a factory and warehouse in Cebu. BIR Commissioner Romeo D. Lumagui Jr. announced that the operation on Oct. 3 and 5 resulted in the seizure of 32,545 counterfeit internal...
The Bureau of Internal Revenue (BIR) has vowed to intensify its crackdown on the proliferation of illicit vape products, with weekly raids planned to target retailers across the country. BIR Commissioner Romeo D. Lumagui Jr. announced the aggressive stance, stating, "I have ordered weekly raids...
The Bureau of Customs (BOC) has confiscated P72.1 billion worth of smuggled goods in the first 10 months of 2024, exceeding its total seizures of P43.29 billion from the previous year. At the BOC’s Inter-Agency Intelligence Summit on Oct. 18, Customs Commissioner Bienvenido Y. Rubio credited the...
The health advocacy group Safevape PH has urged vape suppliers and industry stakeholders to adhere strictly to government regulations regarding product registration and tax compliance. This call comes in the wake of the Department of Trade and Industry’s (DTI) Office for the Special Mandate...
The Bureau of Internal Revenue (BIR) has vowed to take a more aggressive stance against the illicit vape industry, which has repeatedly flouted tax regulations. In a statement, BIR Commissioner Romeo D. Lumagui Jr. expressed frustration over the continued proliferation of illicit vapes...
BIR Commissioner Romeo D. Lumagui Jr. (holding plaque) and BIR Deputy Commissioner Ma. Rosario Charo E. Curiba, and USAID officials along with BIR personnel proudly pose after receiving multiple cybersecurity awards, including Cybersecurity Vanguard, Cybersecurity Ironman, and Cybersecurity...
The Bureau of Internal Revenue (BIR) has dealt a significant blow to the illicit trade in the country by dismantling four large-scale manufacturers of counterfeit cigarettes operating in Pampanga. This operation, the largest of its kind under BIR Commissioner Romeo D. Lumagui Jr.'s leadership,...
The Department of Finance (DOF) expects to generate P102.12 billion over the next five years from a new law that imposes a 12-percent value-added tax (VAT) on both local and foreign digital service providers (DSPs). According to the DOF, the estimated revenues to be collected from 2025 to 2029 will...
