Reelectionist Senator Risa Hontiveros has urged the Bureau of Internal Revenue (BIR) and the Commission on Elections (Comelec) to defer the higher withholding tax on the compensation of teachers doing poll duties in May elections. Senator Risa Hontiveros (Photo courtesy of Hontiveros Office)...
Senate Minority Leader Franklin Drilon on Tuesday reminded that the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) has the prerogative to suspend the collection of fuel excise taxes under the Tax Reform for Acceleration and Inclusion (TRAIN) law to cushion the impact of the...
Senatorial candidate Herbert “Bistek” Bautista on Friday pushed for more digital transactions in government offices, saying this will help curb corruption. That is why, Bautista, said he will push for internet reforms should he win a seat in the Senate in the upcoming May 2022 elections. “We...
The Department of Finance (DOF) vowed the government’s quick return to fiscal consolidation following the massive spike in budget deficit and debt ratios due to the pandemic-induced recession. At the 2022 Bureau of the Internal Revenue (BIR) National Tax Campaign Kickoff on Thursday, March 3,...
The Duterte administration’s budget deficit fell below ceiling last year driven mainly by higher than expected revenues as well as slightly below programmed spending, the Bureau of the Treasury reported. Data from the Treasury bureau showed Tuesday, March 1, that the national government incurred...
After shuttering several licensed Philippine Offshore Gaming Operations (POGO) in Cagayan, the Bureau of Internal Revenue (BIR) warned non-compliant online gaming licensees and their service providers to register and pay taxes or face closure. BIR PHOTO In a statement Wednesday, Feb. 23, the bureau...
The newly enacted Philippine Offshore Gaming Operations (POGO) taxation law has generated P1.22 billion in additional revenue during its initial months of implementation, the Bureau of Internal Revenue (BIR) reported. Signed by President Rodrigo Duterte in September 2021, Republic Act (RA) 11590 or...
The Bureau of Internal Revenue (BIR) has filed tax evasion cases against 14 corporate and individual business taxpayers for allegedly ignoring to settle tax debts totalling to more than P234 million. Bureau of Internal Revenue (BIR) In separate criminal complaints submitted to the Department of...
The Court of Tax Appeals (CTA) has cleared a businesswoman in Quezon City of P72-million tax evasion case filed by the Bureau of Internal Revenue (BIR) for insufficient evidence. Philippine big banks continue to have sufficient capital amid the pandemic. (File photo) The court's Third Division...
Finance Secretary Carlos G. Dominguez III has directed the government’s two main tax agencies to further fortify their respective systems against hacking and other cyber threats amid increasing number of scams perpetrated online against financial consumers. Dominguez said the Bureau of Internal...
A massive warehouse in Nueva Ecija with the size of five basketball courts was raided recently by the Bureau of Internal Revenue (BIR) for illegally operating as a printing facility for counterfeit cigarette labels and packaging materials. In a statement, the BIR Tobacco Strike Team said the...
The Bureau of Internal Revenue (BIR) ordered on Friday, Jan. 28, all its regional directors and other field officials to utilize video conferencing as an alternative mode to face-to-face investigation of administrative cases. (Photo from Pixabay) BIR Commissioner Caesar R. Dulay issued Revenue...
