The Bureau of Internal Revenue (BIR) has caught a syndicate that tricked taxpayers into paying them millions of pesos to help with their tax issues. BIR Commissioner Romeo D. Lumagui said this group of private citizens, who were not affiliated with the bureau, convinced the victim that they...
The Department of Finance (DOF) has warned that the government’s slow implementation of digitalization amid the rapid growth of e-commerce could result in significant revenue loss. In a statement, the DOF said that Finance Secretary Ralph G. Recto is now seeking additional funding from the...
The Bureau of Internal Revenue’s (BIR) said its digitalization initiative has reduced the corruption issues within the agency. BIR Commissioner Romeo D. Lumagui Jr. said that the lessening of physical interaction of clients with the agency’s employees due to new digital processes has also...
The Bureau of Internal Revenue (BIR) has cautioned that it will enforce closures on online sellers who persist in operating without registering their businesses with the tax agency. BIR Commissioner Romeo D. Lumagui Jr. said that they will continue their information campaign for online merchants on...
Most taxpayers have already fulfilled their annual tax filing obligations ahead of the deadline, the Bureau of Internal Revenue (BIR) reported. BIR Commissioner Romeo D. Lumagui Jr. said that 95 percent of registered taxpayers have filed and paid their 2023 income tax returns (ITR) prior to the...
The Bureau of Internal Revenue (BIR) has decided to extend the transition period for the implementation of a one percent withholding tax on online merchants. Based on BIR memorandum circular no. 54-2024, electronic marketplace operators and digital financial services providers now have until July...
The Bureau of Internal Revenue (BIR) is reminding taxpayers to submit their annual income tax returns (ITR) by Monday, April 15, with no extensions to be granted. BIR Commissioner Romeo D. Lumagui Jr. is calling on taxpayers to file and pay their 2023 ITR obligations promptly. The BIR has...
The Bureau of Internal Revenue (BIR), the government's main tax agency agency, collected P446.5 billion in the first two months of this year, surpassing its target by over 24 percent. In a statement on Thursday, April 11, BIR Commissioner Romeo D. Lumagui, Jr. announced that the agency's...
Let bygones be bygones. The once stormy waters between the Bureau of Internal Revenue (BIR) and Manny Pacquiao have shifted, with the boxing icon now championing tax compliance among Filipinos. The BIR has tapped Pacquiao as one of its famous personalities tasked with reminding...
The Bureau of Internal Revenue (BIR) launched a large-scale operation against illegal cigarettes, resulting in the confiscation of over P5.4 billion worth of illicit tobacco from warehouses in Indang and Dasmariñas, Cavite. In a statement on Monday, April 8, BIR said the raid last March 21 led to...
Electronic cigarettes or vape worth P151.1 million in taxes were seized by the Bureau of Internal Revenue (BIR) in three warehouses in Manila City and Rizal province. In a statement, BIR Commissioner Romeo D. Lumagui Jr. reported that a total of 63,139 units of illegal vape products that have...
The Bureau of Internal Revenue (BIR) is set to make tax history this April with its ambitious goal of achieving a record collection, representing a double-digit increase from the previous year. As Filipino taxpayers prepare to file their income tax returns (ITRs) for 2023, the government's main tax...
