WASHINGTON (AP) — President Donald Trump is suing the IRS and Treasury Department for $10 billion, as he accuses the federal agencies of a failure to prevent a leak of the president 's tax information to news outlets between 2018 and 2020. The suit, filed in a Florida federal court...
The Bureau of Internal Revenue (BIR) is preparing to lift its suspension on tax audits, introducing tightened framework aimed at curbing examiner discretion and restoring private-sector confidence in the nation’s tax administration. In a statement on Monday, Jan. 26, the BIR said the bureau...
The Bureau of Internal Revenue (BIR) launched a reform agenda aimed at overhauling tax audits and tightening accountability through a new oversight framework. During the agency’s Directors’ Conference, BIR Commissioner Charlito Martin R. Mendoza introduced a five-point program dubbed BIR...
The Washington-based multilateral lender International Monetary Fund (IMF) sees the narrowing of Philippine debt relative to the size of the economy being delayed until it reaches 60 percent, with the proposed revenue-generating general tax amnesty (GTA) among the measures seen as offering limited...
The government is moving to curtail the power of tax investigators to conduct audits, part of an aggressive push to curb bureaucratic overreach and improve the business climate for the private sector. Finance Secretary Frederick Go told reporters the Department of Finance (DOF) is “seriously”...
Bureau of Internal Revenue (BIR) Commissioner Charlie Mendoza outlined the agency 's planned reforms to tighten oversight on audit issuances amid the alleged misuse and weaponization of letters of authority (LOA) by its personnel. Mendoza made the remark during the Senate Blue Ribbon...
The Philippine Stock Exchange (PSE) is disputing a ₱195.24-million tax assessment by the Bureau of Internal Revenue (BIR) and vows to “take appropriate legal action for the cancellation of the assessment.” The bourse said it received a final assessment notice (FAN) from the BIR assessing its...
The Bureau of Internal Revenue (BIR) ordered an inventory of all pending Letters of Authority (LOAs) and Mission Orders (MOs) from regional directors, revenue district officers, and heads of audit units for immediate review. BIR Commissioner Charlito Martin R. Mendoza’s latest order comes after...
Senate Deputy Majority Leader Joseph Victor “JV” Ejercito on Tuesday, Nov. 25, expressed alarm over alleged corruption involving the Bureau of Internal Revenue’s (BIR) use of Letters of Authority (LOAs), claiming that a significant portion of collections from these audits do not reach the...
The Department of Finance (DOF) announced the immediate and temporary suspension of all field tax audits and related operations, citing widespread taxpayer concerns over “potential abuse” and irregularities in the issuance of audit documents. In a statement on Monday, Nov. 24, Finance Secretary...
Affirming that tax collection must be done “efficiently and fairly,” Bureau of Internal Revenue (BIR) Commissioner Charlito Martin R. Mendoza has vowed to modernize tax administration while pledging aggressive prosecution of tax evasion. On Friday, Nov. 14, Mendoza, a former undersecretary at...
Charlito Martin “Charlie” Mendoza, a top-placing lawyer and licensed geodetic engineer, has been appointed by President Marcos as commissioner of the Bureau of Internal Revenue (BIR), the agency responsible for over 70 percent of government revenues. Mendoza’s appointment is effective...