The Bureau of Internal Revenue (BIR) has decided to extend the transition period for the implementation of a one percent withholding tax on online merchants. Based on BIR memorandum circular no. 54-2024, electronic marketplace operators and digital financial services providers now have until July...
The Bureau of Internal Revenue (BIR) is reminding taxpayers to submit their annual income tax returns (ITR) by Monday, April 15, with no extensions to be granted. BIR Commissioner Romeo D. Lumagui Jr. is calling on taxpayers to file and pay their 2023 ITR obligations promptly. The BIR has...
The Bureau of Internal Revenue (BIR), the government's main tax agency agency, collected P446.5 billion in the first two months of this year, surpassing its target by over 24 percent. In a statement on Thursday, April 11, BIR Commissioner Romeo D. Lumagui, Jr. announced that the agency's...
Let bygones be bygones. The once stormy waters between the Bureau of Internal Revenue (BIR) and Manny Pacquiao have shifted, with the boxing icon now championing tax compliance among Filipinos. The BIR has tapped Pacquiao as one of its famous personalities tasked with reminding...
The Bureau of Internal Revenue (BIR) launched a large-scale operation against illegal cigarettes, resulting in the confiscation of over P5.4 billion worth of illicit tobacco from warehouses in Indang and Dasmariñas, Cavite. In a statement on Monday, April 8, BIR said the raid last March 21 led to...
Electronic cigarettes or vape worth P151.1 million in taxes were seized by the Bureau of Internal Revenue (BIR) in three warehouses in Manila City and Rizal province. In a statement, BIR Commissioner Romeo D. Lumagui Jr. reported that a total of 63,139 units of illegal vape products that have...
The Bureau of Internal Revenue (BIR) is set to make tax history this April with its ambitious goal of achieving a record collection, representing a double-digit increase from the previous year. As Filipino taxpayers prepare to file their income tax returns (ITRs) for 2023, the government's main tax...
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...
