The Bureau of Internal Revenue (BIR) vowed to rigorously enforce the Anti-Agricultural Economic Sabotage Act in a bid to combat illicit trade in the agricultural sector. In a statement, BIR Commissioner Romeo D. Lumagui, Jr. said that all bureau personnel will be mobilized to ensure the effective...
The Bureau of Internal Revenue (BIR) has lowered the government-mandated floor prices for tobacco and vape products. Based on the updated BIR floor prices, the minimum retail costs for cigarettes, heated tobacco products, and vaporized nicotine have decreased, while non-nicotine products will...
The Bureau of Internal Revenue (BIR) has confiscated over 1.3 million packs of untaxed cigarettes valued at P838 million during two separate raids on warehouses in Quezon City and Caloocan City. BIR Commissioner Romeo D. Lumagui Jr., who led the operations, emphasized the agency's unwavering...
Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui Jr. announced that the newly launched BIR web portal has exceeded 10 million visitors. This milestone follows the portal's public introduction during the agency's recent 120th anniversary celebration. The web portal is a key initiative...
BIR Commissioner Romeo D. Lumagui, Jr. (center) together with BIR officials and personnel, pose for a group photo alongside the returning members of the Multi-Sectoral Group, including the Philippine Chamber of Commerce and Industry, Tax Management Association of the Philippines, Management...
The Bureau of Internal Revenue (BIR) has introduced rules for "takedown orders" aimed at e-marketplaces that allow online sellers and content creators to sell products without meeting tax compliance requirements. In a statement on Monday, Sept. 9, BIR Commissioner Romeo D. Lumagui Jr. announced the...
The Bureau of Customs (BOC) has confiscated around P85 million worth of smuggled poultry products from China, discovered in a warehouse in Parañaque City. The operation was conducted by the Customs Intelligence and Investigation Service-Manila International Container Port (CIIS-MICP) following a...
The Bureau of Customs (BOC), the government’s second-largest tax agency, announced that it had exceeded its revenue collection target for the first eight months of 2024. In a statement on Friday, Sept. 6, the BOC reported that it collected P614.781 billion from Janaury to August this year,...
The Bureau of Internal Revenue (BIR) is gearing up to strengthen interagency cooperation and coordination to effectively combat tax evasion and money laundering. BIR Commissioner Romeo D. Lumagui Jr. said it is necessary to enhance collaboration with the Anti-Money Laundering Council (AMLC) amid...
The Bureau of Customs (BOC) has signed a memorandum of understanding (MOU) with the Philippine Chamber of Commerce and Industry (PCCI) to strengthen joint monitoring of commodities and ensure fair practices that protect local industries. The MOU was formalized during the 6th Customs and Industry...
The Bureau of Customs (BOC) has seized P5.5 billion worth of illegally imported cigarettes and counterfeit items in a warehouse in Bulacan. The operation, conducted by the BOC-Customs Intelligence and Investigation Service (CIIS) on Friday, Aug. 30, was initiated following a letter of...
The Bureau of Internal Revenue (BIR) has approved an additional 15 medicines to be exempt from value-added tax (VAT) for treating cancer, high cholesterol, hypertension, and mental illness. This updated list of tax-exempt medicines was released following a recommendation from the Food and Drug...