South Korea has helped the Philippines build a data center and establish a system in a bid to digitalize the invoicing system of the Bureau of Internal Revenue (BIR). EIS Data Center (Photo courtesy of the Embassy of the Republic of Korea in the Philippines) As part of the system's nearing launch,...
Senator Sherwin Gatchalian on Wednesday called on the Bureau of Internal Revenue (BIR) to launch a massive crackdown on mulcting officials and personnel, victimizing not just large corporations, but even small businesses. “Marami sa ating mga maliliit na negosyante ay kinikikilan ng ilang hindi...
Ayala-led oil and gas firm ACE Enexor Inc. has announced withdrawal from earlier plans to pursue stock rights offering (SRO) and follow-on-offering (FOO) via the local course due to "unfavorable" market condition at this time. In a disclosure to the Philippine Stock Exchange (PSE), the listed...
Megaworld Corp. said the impending issuance of a closure notice against the property company has been clarified and resolved with the Bureau of the Internal Revenue (BIR). Francisco C. Canuto, Megaworld compliance and corporate information officer said in a statement that the company has reached...
A lawyer of one of the groups that asked for presumptive president Ferdinand Marcos Jr.’s disqualification from the 2022 presidential race said that the former senator will be in power to decide on the myriad of issues that face his family, including reparation for the human rights victims during...
Although it is not in favor of taxing the honoraria of teachers, the Commission on Elections (Comelec) said it is beyond their jurisdiction. Comelec Commissioner George Erwin M. Garcia (Photo courtesy of Comelec FB) “Subalit iyan po ay (However, that is) beyond the jurisdiction of the Commission...
The Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) should give lawmakers their proposals on how poll workers, including public school teachers, can receive the full amount of their honoraria, allowances, and other benefits, Sen. Sherwin Gatchalian said on Tuesday. Gatchalian,...
As the tax filing season ends, the Bureau of Internal Revenue (BIR) charged 14 Metro Manila corporations and four business owners with tax evasion worth more than P4 billion. BIR BIR Commissioner Caesar R. Dulay approved the filing of criminal complaints before the Department of Justice after the...
Former Bureau of Internal Revenue (BIR) Commissioner Kim Henares says the 2022 poll season is giving off more toxic than positive vibes compared to previous elections as conflicting narratives and messages of hatred are getting delivered faster than ideas for development. For this reason, Henares...
Filipinos are getting entrepreneurial as the Bureau of the Internal Revenue (BIR) reported an increase in the number of new businesses last year despite the prolonged pandemic, the Department of Finance (DOF) said. BIR Commissioner Caesar R. Dulay reported to the DOF that the agency registered 4.64...
Albay 2nd District Representative Joey Salceda on Friday called on the Bureau of Internal Revenue (BIR) to clarify the definition of “unrelated activities” under its Revenue Regulation 3-2022 to ensure that private schools and hospitals to reduce the any tax uncertainty. Salceda, chair of the...
The Bureau of Internal Revenue (BIR) has filed tax evasion charges against seven corporate and nine individual taxpayers based in Luzon and Cebu worth more than P368 million. Bureau of Internal Revenue In separate criminal complaints submitted to the Department of Justice, BIR Commissioner Caesar...
