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...
(MANILA BULLETIN) The Bureau of Internal Revenue (BIR) should consider granting tax incentives to supermarkets and other retail outlets following the new policy of higher discounts on essential grocery items purchased by senior citizens and persons with...
Source: BIR TV personalities Boy Abunda and Joey De Leon are urging taxpayers to pay their taxes ahead of the April 15, 2024-deadline, emphasizing the importance of doing so for peace of mind. In a 35-second video shared by the Bureau of Internal Revenue (BIR), Abunda, a television host,...
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...
The Rotary Club of Makati honored Bureau of Internal Revenue (BIR) Commissioner Jun Lumagui with the Youth Leadership Role Model award. During the club's 58th Charter Anniversary celebration and Paing Hechanova Youth Leadership Awards Night, Lumagui was commended for his outstanding leadership at...
The Bureau of Internal Revenue (BIR) has urged the public to file their annual income tax returns (ITRs) on time to avoid penalties that could reach up to P25,000 or more. In a Facebook post, BIR Commissioner Romeo D. Lumagui Jr. emphasized the importance of early submission for the 2023 ITRs,...
The Bureau of Internal Revenue (BIR) announced that all its authorized agent banks (AABs) will operate on two Saturdays before the April 15 deadline for filing income tax returns. According to a bank bulletin issued by the tax bureau, the 19 banking institutions that make up the AABs will be open...
The Bureau of Internal Revenue (BIR) has raised red flags on the practice of utilizing two deeds of sale in real estate transactions, branding it as a serious form of tax evasion. BIR Commissioner Romeo Lumagui Jr has firmly declared that the common practice of dual deeds of sale is in violation of...
The Bureau of Internal Revenue (BIR) has released seven draft regulations related to the Ease of Paying Taxes law ahead of the two-day public consultation set for next week. In a recent BIR advisory , the bureau is inviting taxpayers to participate in a public consultation on the proposed...
The Bureau of Internal Revenue (BIR) is now selling condominium units in Manila tied to the realty firm operated by the children of incarcerated businesswoman Janet Lim-Napoles. In a notice of sale, the BIR said it will auction off six residential and one commercial condominium units owned by JCLN...
Surigao del Norte 2nd district Rep. Robert Ace Barbers (Screenshot from Zoom) A lawmaker in the House of Representatives has called on the Bureau of Internal Revenue (BIR) to file a tax evasion case against vape brand Flava Corporation, which allegedly has P728...
Sen. Francis Tolentino underscored on Monday, Feb. 12 how the crafting of Implementing Rules and Regulation (IRR) issued by administrative agencies has modified the intentions of laws enacted in Congress. During the deliberation of the proposed Passive Income and Financial Intermediary Taxation Act...
