Manila Mayor Francisco "Isko Moreno" Domagoso urged business and property owners in the city to avail themselves of its General Tax Amnesty and huge Real Property Tax (RPT) discounts for early payers as part of the city 's expanded efforts to help taxpayers keep up with their dues while...
The Bureau of Internal Revenue's (BIR) specialized unit responsible for managing the tax affairs of large corporations is expected to exceed its collection target this year. Based on the amended 2024 BIR collection program, the Large Taxpayers Service (LTS) has revised the collection goal to P1.883...
The Bureau of Internal Revenue's (BIR) specialized unit responsible for managing the tax affairs of large corporations in the country is projected to collect P1.841 trillion this year. According to BIR Revenue Memorandum Order (RMO) No. 11-2024, the Large Taxpayers Service (LTS) is tasked...
Senator Sherwin Gatchalian on Monday, January 16 assured that middle income taxpayers can expect a higher take-home pay starting this year due to the Tax Reform for Acceleration and Inclusion (TRAIN) Law. Under the TRAIN law, taxpayers earning more than P250,000 a year but not over P8-million wold...
The Lucena city government honored top taxpayers at the 61st Araw ng Lucena celebration at the Queen Margarette Hotel in Lucena Saturday, Aug. 20. Among those honored were affiliates and tenants of SM City Lucena – Jollibee, Ace Hardware, SM Appliance Center, SM Store, and SM Supermarket. SM...
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...
For paying the right taxes to the municipal government despite the pandemic, local businesses were recognized during the recent Independence Day rites in Tanay, Rizal. Photo courtesy of Nel Andrade / MANILA BULLETIN Outgoing Mayor Rex Manuel Tanjuatco lauded the top five tax payers for 2020 and...
The Muntinlupa City government honored the top 10 taxpayers in the city during its 27th cityhood anniversary celebration on March 1. “I would like to recognize them again because of their big role in fulfilling the programs of the city government for the public,” said Mayor Jaime Fresnedi....
Navotas City Mayor Toby Tiangco has signed the General Pandemic Amnesty Program ordinance that gives relief to taxpayers by waiving all unpaid local taxes, regulatory fees, and service charges incurred from January 2020 to December 2021 if they settle their accounts until June 30, 2022. “Many of...
The Bureau of Internal Revenue (BIR) has advised delinquent taxpayers to amicably settle their tax liabilities in order to avoid costly and lengthy court battles. (Photo from CTA) Top revenue officials made this appeal after the first division of the Court of Tax Appeals (CTA) approved the judicial...
BATANG MAYNILA Manila Mayor Isko Moreno Last week, I delivered my third State of the City Address (SOCA) in an austere setting held at the Manila City Council’s session hall, where I was joined by both elected and appointed city officials serving in Manila. As tradition would have it, I am...
