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...
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...
The Philippine government is losing about P26 billion in taxes every year due to illicit cigarettes, a House lawmaker said. During the Combating Illicit Tobacco Trade webinar on Thursday, April 7, PBA Party-list Rep. Jericho Jonas B. Nograles said that based on the Euromonitor International report,...
The Bureau of Internal Revenue (BIR) recorded a decline in tax collection from Philippine Offshore Gaming Operations (POGO) last year following their exodus at the height of the pandemic. BIR Commissioner Caesar R. Dulay reported to the Department of Finance (DOF) that the bureau collected P3.91...
The Bureau of the Internal Revenue (BIR) is planning to auction off some of the properties of the late President Ferdinand E. Marcos as his heirs continue to refuse in paying the estate tax. In a report to Finance Secretary Carlos G. Dominguez III on Wednesday, March 30, the BIR disclosed that the...
Communications Secretary Martin Andanar said President Duterte was only reminding the Bureau of Internal Revenue (BIR) to do its job and collect taxes following reports of a certain presidential candidate having unpaid estate taxes. File photos Andanar made this statement after Duterte said in his...
Heirs of former President Fernando Marcos cannot walkaway from paying the family's P203.8 billion estate tax even if one of them becomes the next President of the country, former Internal Revenue Commissioner Kim S. Jacinto-Henares said. Jacinto-Henares explained that “if we follow the law,”...
The Bureau of Internal Revenue (BIR) and the Bureau of Customs have exceeded their combined collection target, the Department of Finance (DOF) said on Thursday, March 17. In a statement, the DOF’s Revenue Operations Group (ROG) said the government’s two main tax agencies collected P2.732...
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...
