More than half of the initial list of tax-delinquent social media influencers have yet to begin the sign-up process with the Bureau of the Internal Revenue (BIR) despite crackdown, the Department of Finance (DOF) said. Finance Assistant Secretary Dakila Elteen M. Napao said late Friday, Oct. 8,...
Agents of the Bureau of Internal Revenue (BIR) have seized boxes of electronic cigarettes, or vape products, in two separate raids in Taguig and Paranaque. The operations, which were given a go by Revenue Deputy Commissioner for Operations Arnel SD. Guballa, stemmed from reports that the Apolloplus...
The Bureau of Internal Revenue (BIR) has extended the deadline for the filing of value-added tax (VAT) refund claims as it suspended the processing of such claims due to the coronavirus disease (COVID-19) pandemic. Bureau of Internal Revenue BIR Commissioner Caesar Dulay issued the announcement...
The Senate approved on second reading Wednesday, September 22, the bill that would ensure that private schools will not be imposed with hefty taxes under the country's laws. (Rio Deluvio/MANILA BULLETIN File Photo) Members of the upper chamber quickly gave their nod to the passage of Senate Bill...
The House Special Committee on Senior Citizens on Tuesday, Sept. 21, approved in principle a bill that would grant senior citizens an exemption from income taxes. (Mark Balmores/MANILA BULLETIN File Photo) House Bill No. 8832, filed by Senior Citizens' Party List Representative Rodolfo Ordanes,...
Jayzam Manabat and Camille Trinidad Controversial couple Jayzam Manabat and Camille Trinidad have finally broken their silence over the issue they got involved in recently. According to the couple, collectively known as JaMill, a representative from the Bureau of Internal Revenue (BIR) visited...
Some 250 famous social medial (socmed) personalities are now being investigated by the Bureau of Internal Revenue (BIR) for possible tax evasion, the Department of Finance (DOF) said. In a statement, the DOF said on Thursday, Sept. 16, that the tax bureau is looking into an initial 250 top earning...
E-Cigarettes The Bureau of Internal Revenue (BIR) will start affixing tax stamps on e-cigarettes and heated tobacco products (HTP) to ensure tax compliance among manufacturers of these alternatives to traditional smoking. Based on BIR Revenue Regulations No. 28 dated Sept. 10, 2021, the the...
House Deputy Speaker and Ilocos Sur Rep. Deogracias Victor Savellano on Monday, Sept. 13 appealed for a more sustained and stronger government efforts in addressing the illicit cigarette trade in many parts of the country. Rep. DV Savellano2 In a privilege speech, Savellano aired alarm over the...
Rewards obtained from tipping off tax-evading vloggers and other social media influencers are still subject to tax from the very agency that would give them--the Bureau of Internal Revenue (BIR). Under the new reward payment schedule, an informant gets10 percent of whatever the BIR collects but the...
The same year he debuted as an actor, Kapuso star Mikael Daez also joined YouTube. As a social media pioneer, he was asked for his two cents on the Bureau of Internal Revenue's (BIR) memorandum relating to the “Taxation of Any Income Received by Social Media Influencers.” He said, "I think,...
The income that social media influencers, including vloggers, get is taxable amid arguments by some lawyers and accountants saying otherwise. In separate interviews, Metro Manila revenue regional directors and district officers said income even from illegal sources like robbery are subject to...
