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...
The Bureau of Internal Revenue (BIR) has partnered with the Development Bank of the Philippines (DBP) and MyEG for a payment service that allows taxpayers to pay their tax dues online. 58503 In a statement released by MyEG on Tuesday, Jan. 11, the electronic solutions firm announced that the BIR is...
Owners of former network giant ABS-CBN face a congressional inquiry in connection with the operations of its digital service firm Big Dipper, but that is if Deputy Speaker and Sagip Partylist Rep. Rodante Marcoleta succeeds in his Senate bid. Rep. Rodante Marcoleta Marcoleta played a major role in...
The Bureau of Internal Revenue (BIR) said Friday, Dec. 24, that taxpayers affected by the killer typhoon "Odette" may file returns and pay the corresponding taxes at the nearest authorized agent banks (AABs), or to revenue collection officer (RCO), regardless of the revenue district office...
The Duterte administration’s budget deficit registered only a marginal increase last November owing to improved revenue collections, data from the Bureau of the Treasury showed. The national government incurred a P128.7 billion fiscal gap last month, up by only 0.33 percent compared with P128.3...
The Department of Finance (DOF) wants financial technology (Fintech) companies in the country to be properly regulated and taxed while encouraging the sector’s growth and continued innovation. In a statement, DOF Secretary Carlos G. Dominguez III said Tuesday, Nov. 16, that he has tasked the...
The Bureau of Internal Revenue (BIR) has filed separate tax evasion charges against four corporate and four individual tax taxpayers based in Quezon City for alleged non-payment of income and value-added taxes totalling to more than P291 million. Bureau of Internal Revenue In formal criminal...
Finance Secretary Carlos G. Dominguez III has instructed the Bureau of Internal Revenue (BIR) to set up a unit dedicated to track sales of goods done online and to coordinate with their counterparts in other countries to determine how to properly tax these digital transactions. BIR Commissioner...
The national government’s budget deficit breached the P1 trillion mark in the first three quarters of the year, but cuts in expenditures allowed the Duterte administration to keep the funding gap below the ceiling. The Bureau of the Treasury reported Monday, Oct. 25, that the national...
The Bureau of Internal Revenue (BIR) said it has filed separate tax evasion charges against three corporate and two individual taxpayers for allegedly ignoring notices to settle back accounts totalling to more than P146 million. Bureau of Internal Revenue In formal complaints submitted to the...
