The Bureau of Customs (BOC) has surpassed its revenue collection goal for July 2021 by over P4.4 billion after posting an actual collection of P58.183 billion, the agency said Monday, August 2. (Photo from BOC Port of NAIA Facebook page) The bureau collected an excess of P4.432 billion, which is...
Deputy Speaker and 1Pacman Partylist Rep. Michael “Mikee” Romero called on government to grant Tokyo Olympics gold medalist Hidilyn Diaz tax free privilege for the more than P50 million in cash and incentives she is expected to receive for her rare feat....
The Department of Finance (DOF) is reviewing the Bureau of Internal Revenue’s (BIR) regulation, technically deferring the imposition of the value-added tax (VAT) on exporters’ purchases from local suppliers and indirect/constructive export transactions. Finance Secretary Carlos G. Dominguez III...
The Bureau of Internal Revenue (BIR) has reshuffled 14 mid-level executives as part of it's continuing efforts to further enhance the tax collection drive. (Photo from BIR Facebook page) Informed sources said BIR Commissioner Caesar R. Dulay has been conducting periodic personnel changes based on...
President Duterte's crusade against corruption in government continued as he revealed firing more employees from the Bureau of Internal Revenue (BIR) and the Department of Public Works and Highways (DPWH) for being involved in corruption activities. President Rodrigo Duterte (File photo/...
The Bureau of Customs (BOC) has surpassed its revenue collection goal for June 2021 by over P5 billion after posting an actual collection of P52.447 billion, the agency said Thursday, July 1. Bureau of Customs (BOC) Commissioner Rey Leonardo Guerrero (Photo courtesy of the BOC) The bureau recorded...
The House Committee on Ways and Means has approved the measure that seeks to put a stop to a government policy imposing higher tax on private schools and hospitals. Committee chairman and Albay Representative Joel Salceda presided over the panel meeting that approved the consolidation of House...
The chairman of the House Committee on Technical Education on Thursday, June 10, decried as “unconscionable” the decision of the Bureau of Internal Revenue to impose on private schools a 150 percent increase in taxes. Baguio City Rep. Mark Go chided the BIR’s decision which enjoys the support...
It seems that Malacañang is unlikely to reverse a Bureau of Internal Revenue (BIR) rule imposing higher corporate income tax on private schools in the country for now. President Rodrigo Duterte (File photo/Malacañang) Presidential Spokesman Harry Roque declared Thursday that the Palace supports...
The Department of Finance (DOF) said the Bureau of Internal Revenue (BIR) is set to file charges against individuals behind the alleged counterfeit cigarette tax stamps seized recently in Bacolod City. In a statement released by the DOF on Wednesday, June 9, the department quoted BIR Deputy...
Senate Majority Leader Juan Miguel Zubiri on Monday, June 7, expressed support for the passage of the bill seeks to correct the Bureau of Internal Revenue's (BIR) supposed misinterpretation of the law modifying taxes imposed on private educational institutions. Senate Majority Leader Juan Miguel...
Deputy House Speaker Representative Rufus Rodriguez is pushing for a bill that would clarify an existing provision on tax perks granted to educational institutions under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law which the Bureau of Internal Revenue (BIR) allegedly...
