President Marcos has issued a stern warning to those who continue to exploit the country's tax system that they will be held accountable. President Ferdinand 'Bongbong' Marcos Jr. graces the 2025 National Tax Campaign Kick-Off on Feb. 4, 2025. (Betheena Unite/MANILA BULLETIN) "I have said...
President Marcos has signed into law the Real Property Valuation and Assessment Reform Act (RPVARA) which improves the country's outdated valuation system. The new law—Republic Act No. 12001— was one of the two measures Marcos signed on Thursday, June 13. Marcos said the RPVARA is expected to...
The Bureau of Internal Revenue (BIR) said that individuals can obtain their digital taxpayer identification number (TIN) IDs online at no charge, any day of the week. In a statement, BIR Commissioner Romeo D. Lumagui, Jr. said that taxpayers no longer need to physically visit the Revenue District...
SANTA CRUZ, Laguna -- Aboitiz Power Corp. subsidiary AP Renewables Inc. was named by the province of Laguna as one of its top taxpayers. APRI bagged the award after it was nominated by its host municipalities. APRI was feted by the province of Laguna for being one of its top taxpayers...
Newly hired employees are not required to visit Bureau of Internal Revenue (BIR) offices to verify their Taxpayer Identification Number (TIN). In a memorandum circular, the BIR told employers that they can verify the TIN of their employees through the Online Registration and Update System (ORUS) at...
The Bureau of Internal Revenue (BIR) said heirs of deceased individuals can benefit from the estate tax amnesty program without incurring fines or penalties. They will also be shielded from criminal, civil, and administrative legal actions for late estate tax filings and payments, as...
The Senate has approved on third and final reading the proposed Taxpayers' Bill of Rights and Obligations (TBORO) which lawmakers expect to bolster the government's revenue collection efforts. Twenty-two (22) senators voted yes to Senate Bill No. 1806 or The Taxpayers’ Bill of Rights and...
Taxpayers were reminded by the Bureau of Internal Revenue (BIR) that they have until Monday, May 15, to submit their quarterly income tax return for individuals, estates, and trusts. (File photo) This deadline also applies to eligible self-employed individuals and professionals who wish to avail of...
The Bureau of Internal Revenue (BIR) was commended anew by Malacanang for swiftly solving all 176 citizen complaints and queries that the latter referred to it back in June. BIR Commissioner Lilia C. Guillermo (File photo) It was the second citation received by the bureau from the Office of the...
Senator Sherwin Gatchalian said he is keen on crafting a law that would impose additional tax on the country’s richest individuals noting how many of them are not even included in the Bureau of Internal Revenue’s (BIR) top income taxpayers. Sen. Sherwin Gatchalian Gatchalian, who is poised to...
The Bureau of Internal Revenue (BIR) has come out with an online business registration schedule for taxpayers' convenience and in an effort to curb the spread of the coronavirus disease (COVID-19). 20210424_232019 The contactless transaction schedule can be accessed at the agency's newly developed...
