The Bureau of Internal Revenue (BIR) said the reduction of the percentage rate from three to one percent under the Corporate Recovery and Tax Incentives (CREATE) Act applies to both corporate and individual taxpayers. BIR Commissioner Caesar R. Dulay (Photo from BIR) It noted, however, that...
The Bureau of Internal Revenue (BIR) has come out with an online Tax Identification Number (TIN) verification system--cleverly dubbed "TINver"--amid the persisting coronavirus disease (COVID-19) pandemic. (Photo by Mehdi Lamaaffar / Unsplash) BIR Commissioner Caesar R. Dulay said the TINver mobile...
The Court of Tax Appeals (CTA) has dismissed a tax evasion case filed against two Manila business executives who allegedly refusal to settle income tax debts amounting to more than P184 million over a decade ago. (Photo from BIR Facebook page) Cleared of the criminal charges were Arturo Zapata and...
The Bureau of Internal Revenue (BIR) has filed separate tax evasion cases against four Manila corporate taxpayers and four other business proprietors for alleged refusal to settle tax debts amounting to more than P291 million. (Photo from BIR Facebook page) Citing separate criminal complaints...
The Bureau of Internal Revenue (BIR) is now accepting online job applications, which is another change brought about by the coronavirus disease (COVID-19) pandemic. (Photo by Glenn Carstens Peters / Unsplash) Lawyers, certified public accountants, and other graduates of a four-year college course...
The Bureau of Internal Revenue (BIR) has urged the Presidential Anti-Corruption Commission (PACC) and Anti-Red Tape Authority (ARTA) to solicit the active support and participation of the private sector in fighting graft and corruption within government offices. BIR Commissioner Caesar R. Dulay...
The Bureau of Internal Revenue (BIR) said business and professional taxpayers may submit their amended 2020 income tax return (ITRs) even without the required attachments. BIR Commissioner Caesar Dulay (Photo courtesy of BIR Facebook page) The deadline for the submission of corrected ITRs is on May...
Officials and employes of the Bureau of Internal Revenue (BIR) were caught by surprise over the sudden resignation of one of its top tax collectors. (Photo from BIR Facebook page) The BIR management was silent over the decision of lawyer Romulo Aguila Jr. to give up his position as director of...
We're your partner, not prosecutors. Presidential Anti-Corruption Commission (PACC) Chairman Greco Belgica (Photo from Greco Belgica Facebook Page) Presidential Anti-Corruption Commission (PACC) Chairman Greco Belgica reminded government agencies on Wednesday, April 28 that they are their...
The Bureau of Internal Revenue (BIR) has allowed the filing of tax returns and the payment of taxes falling within the period of March 22 to April 30 this year to be filed anywhere, even outside the jurisdiction of the Revenue District Office (RDO) where the taxpayer is registered. In Revenue...
The government has issued the Implementing Rules and Regulations (IRR) of Republic Act No. 11523, or the Financial Institutions Strategic Transfer (FIST) Act which will regulate the sale of non-performing assets of banks. The IRR was issued by the Securities and Exchange Commission (SEC),...
The government will soon require cigarette manufacturers planning to set up shop in the country’s special economic zones (SEZs) to register with the Bureau of Internal Revenue (BIR), the Department of Finance (DOF) said. (Pixabay / MANILA BULLETIN) Finance Secretary Carlos G. Dominguez III said...