The Commission on Audit (COA) has affirmed the lifting of the P846 million notices of charge (NCs) which were issued against former Bureau of Customs (BOC) Commissioners Rozzano B. Biazon and Napoleon L. Morales. The COA ruled that the BOC commissioners are authorized by the Bureau of Internal...
The Bureau of Internal Revenue (BIR) said heirs of deceased individuals can benefit from the estate tax amnesty program without incurring fines or penalties. They will also be shielded from criminal, civil, and administrative legal actions for late estate tax filings and payments, as...
The Bureau of Internal Revenue (BIR) has issued updated regulations for the new estate tax amnesty program to benefit more than one million heirs of the deceased. Finance Secretary Benjamin E. Diokno issued Revenue Regulations No. 10-2023 to implement these changes prescribed by Republic Act (RA)...
The Bureau of Internal Revenue (BIR) has issued Revenue Regulations (RR) introducing changes to the old RR Nos. 17-2011 and 2-2022, which pertain to the implementation of the Personal Equity and Retirement Account (PERA) Act of 2008. Under the new RR No. 7-2023, the maximum annual PERA...
The Bureau of Internal Revenue (BIR) has been acknowledged by the Philippine Commission on Women (PCW) for its he contribution to the advancement and empowerment of women in public service. The PCW has awarded the BIR with the prestigious Gender and Development Transformation and...
Over P57 million worth of illicit cigarettes were seized in separate operations in Batangas, South Cotabato, and General Santos City, according to the reports of government agencies. In Batangas, the Bureau of Internal Revenue (BIR), along with the units of the Philippine National Police, conducted...
The Court of Tax Appeals (CTA) has denied the petition filed by Golden Donuts Inc., the exclusive franchiser and license grantee of Dunkin' Donuts, against the Bureau of Internal Revenue (BIR). Golden Donuts Inc. filed a Petition for Review with Urgent Motion for the Issuance of a Temporary...
The Bureau of Internal Revenue (BIR) has achieved a remarkable feat by completely resolving all complaints it received in the first half of the year, resulting in a significant reduction in corruption and bureaucratic delays. This notable accomplishment was highlighted in a report from the 8888...
The Bureau of Internal Revenue (BIR), the government's main tax agency, exceeded its collection target for July this year due to a significant boost in tax enforcement efforts. In a statement on Tuesday, Aug. 29, BIR Commissioner Romeo D. Lumagui, Jr. said the bureau collected P273.13 billion in...
Senator Sherwin Gatchalian said the government should address illicit trade in order to generate higher revenue collection and provide some relief for its limited fiscal space. Gatchalian made the appeal during the recent Development Budget Coordination Committee (DBCC) briefing in the...
House Deputy Speaker and Batangas 6th district Rep. Ralph Recto (Facebook) The individual barangays' Internal Revenue Allotment (IRA) of almost P175 billion each should be a big reason for Filipinos to vote wisely during the Oct. 30 barangay and Sangguniang Kabataan (SK)...
Senator Grace Poe on Tuesday, August 15 pressed the Bureau of Internal Revenue (BIR), in coordination with the Philippine Amusement and Gaming Corporation (Pagcor), to make every effort to collect the P2.2-billion dues from a Philippine Offshore Gaming Operator (POGO) firm that closed shop...
