The Bureau of Internal Revenue (BIR) has issued additional guidelines regarding registration procedures and invoicing requirements following the passage of the Ease of Paying Taxes (EOPT) Act. These new guidelines aim to provide relief to taxpayers in meeting the new invoicing requirements....
The Bureau of Internal Revenue (BIR) has instructed its employees to refrain from connecting government-issued laptops to public Wi-Fi networks. Under Revenue Memorandum Order (RMO) 22-2024, dated June 14, 2024, and signed by BIR Commissioner Romeo D. Lumagui Jr., the bureau said the directive is...
In a move aimed at easing administrative burdens for taxpayers, the Bureau of Internal Revenue (BIR) has removed the time limit for utilizing converted official receipts (ORs) as invoices. Under the newly released BIR Revenue Regulation (RR) No. 11-2024 , taxpayers are now allowed to convert any...
Senators commended the Bureau of Internal Revenue's (BIR) initiative to investigate Bamban, Tarlac Mayor Alice Guo. BIR Commissioner Romeo D. Lumagui Jr. initiated a tax fraud investigation against Guo, who is currently under Senate scrutiny for various issues, including her citizenship. Sen. Risa...
The Bureau of Internal Revenue (BIR) is urging consumers to verify the presence of a specific "Tamaraw" tax stamp on vape products before making a purchase. In a recent social media post, BIR Commissioner Romeo D. Lumagui Jr. detailed the importance of distinguishing between tax-paid and...
State coffers from the Bureau of Customs (BOC) continued to improve in May as it grew by 4.9 percent compared to last year. The BOC reported that it collected over P81.75 billion in revenues last month, surpassing the target of P79.62 billion by 2.6 percent and the P77.92 billion collected in May...
For lack of jurisdiction, the Court of Tax Appeals (CTA) has dismissed the petition filed by Friendlycare Foundation, Inc. which challenged the P10.3 million deficiency income tax and value-added tax assessed by the Bureau of Internal Revenue (BIR) for taxable year 2014. The petition was filed by...
The Bureau of Internal Revenue (BIR) cautioned individuals using or holding vapes without a tax stamp about the possibility of facing legal consequences. BIR Commissioner Romeo D. Lumagui Jr. said on Monday, June 3, that the regulations requiring tax stamps on vape products are also...
In light of the country's expected slower growth this year, the economic managers have adjusted downward the projected tax collections for the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC). Budget Secretary Amenah F. Pangandaman confirmed to Manila Bulletin on Saturday, June 1,...
The Bureau of Internal Revenue (BIR) has reminded vape sellers that they have until Saturday, June 1, to affix tax stamps on their products before distributing them to buyers. BIR Commissioner Romeo D. Lumague, Jr. warned that any unstamped vape products will be seized, and owners will face...
Senator Sherwin Gatchalian on Wednesday, May 29 urged the Bureau of Internal Revenue (BIR) to enhance its information dissemination campaign on the changes brought about by the Ease of Paying Taxes Act, particularly on the issuance of invoices in place of official receipts to ensure that taxpayers...
BIR Chief Venus Gaticales during an interview with reporters in Makati City (Dexter Barro II/MANILA BULLETIN) A Bureau of Internal Revenue (BIR) official commended on Tuesday, May 28, Albay 2nd district Rep. Joey Salceda over his proposed legislation that...