The Department of Finance (DOF) vowed to modernize the government’s main tax agencies following the swift approval of its proposed budget for next year. In a statement, Finance Secretary Benjamin E. Diokno said on Monday, Oct. 3, that the DOF is planning to spend P30.57 billion in 2023, higher by...
As part of the Marcos administration’s digitalization shift, the Bureau of Internal Revenue (BIR) plans to right-size its workforce and hire scientists and cybersecurity experts to improve collections. BIR Commissioner Lilia C. Guillermo said she wants to strengthen the bureau’s organization,...
Unfazed by calls to go after big-time tax evaders before vloggers and online sellers, the Bureau of Internal Revenue (BIR) has asserted that the agency is really determined to collect taxes from prominent influencers. During the SGV Tax Symposium on Friday, Aug. 19, BIR Commissioner Lilia C....
The Bureau of Internal Revenue (BIR) is setting its sights on seven major business sectors that registered negative growth in collections following the government’s main tax agency’s weak performance in the first semester. During a Senate hearing on Tuesday, Aug. 16, BIR Commissioner Lilia C....
The Bureau of Internal Revenue (BIR) will extensively use the so-called net worth method of investigation to unearth the untaxed wealth of individual taxpayers once the ban on audit is lifted. Money/File (Manila Bulletin article) According to BIR, this was disclosed by some Metro Manila revenue...
The Department of Finance (DOF) ordered the Bureau of Internal Revenue (BIR) to fast-track its digitalization program to enable the government exceeds its revenue targets. Speaking at the BIR anniversary celebration, Finance Secretary Benjamin E. Diokno said the bureau, which contributes about...
Homeowners in Metro Manila and elsewhere are worried over the government's plan to adjust upward the outmoded value of real properties to increase the tax take of local government units (LGU). President Ferdinand 'Bongbong' Marcos Jr. (Photo by Noel Pabalate / MANILA BULLETIN) They expressed their...
The Pateros municipal government has imposed computer fees for various transactions including business permits, real property, and motor tricycle and operator permits. To impose the fees, the Pateros Municipal Council passed Municipal Ordinance 2022-18 amending the local Revenue Code and adding...
The Bureau of Internal Revenue (BIR) has resumed street-by-street inspection of business establishments nationwide to strictly enforce compliance of tax laws and regulations. Bureau of Internal Revenue BIR Commissioner Lilia Catris Guillermo said regional directors may now issue mission orders (MO)...
BIR told to hit collection target By Chino S. Leyco The new administration expects the Bureau of Internal Revenue (BIR), the government’s main tax agency, to attain its collection target this year despite weaker than expected performance in the six-semester. Finance Secretary Benjamin E. Diokno...
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 Department of Finance (DOF) has approved the reshuffle of several regional district collectors of the Bureau of Internal Revenue (BIR), the government’s main tax agency. Finance Secretary Benjamin E. Diokno’s approval follows BIR Commissioner Lilia C. Guillermo’s order that relieved six...
