The country's gaming industry revenue surged by 37.5 percent in the third quarter of the year to P94.61 billion, driven by the robust growth of the electronic gaming sector, the Philippine Amusement and Gaming Corp. (Pagcor) said. In a statement on Thursday, Nov. 14, Pagcor Chairman and CEO...
The Bureau of Internal Revenue (BIR) said it will block online businesses that violate tax laws, especially with the expected increase in online sales during the holiday season. In a statement, BIR Commissioner Romeo D. Lumagui Jr. warned online marketplaces, e-marketplaces, and online...
Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui expressed uncertainty whether the P1-billion collected from vape stamps will be sufficient to close the country's excise tax deficit for 2024. "It might still not be enough, since it [the system] has just started," Lumagui told...
Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui Jr. announced that, under his leadership over the past two years, the agency has achieved three major certifications, marking significant milestones in service and operational standards. The BIR received a 100 percent Nationwide ISO...
The Bureau of Internal Revenue (BIR) has once again dealt a blow to the illicit cigarette trade, this time uncovering a large-scale secret factory in Cabanatuan City. In a statement on Tuesday, Oct. 29, the BIR said the raid, conducted in cooperation with the National Bureau of Investigation...
The Bureau of Internal Revenue (BIR) has dealt another blow to illicit cigarette trade in the country, with the recent raid of a factory and warehouse in Cebu. BIR Commissioner Romeo D. Lumagui Jr. announced that the operation on Oct. 3 and 5 resulted in the seizure of 32,545 counterfeit internal...
The Bureau of Internal Revenue (BIR) has vowed to intensify its crackdown on the proliferation of illicit vape products, with weekly raids planned to target retailers across the country. BIR Commissioner Romeo D. Lumagui Jr. announced the aggressive stance, stating, "I have ordered weekly raids...
The health advocacy group Safevape PH has urged vape suppliers and industry stakeholders to adhere strictly to government regulations regarding product registration and tax compliance. This call comes in the wake of the Department of Trade and Industry’s (DTI) Office for the Special Mandate...
The Bureau of Internal Revenue (BIR) has vowed to take a more aggressive stance against the illicit vape industry, which has repeatedly flouted tax regulations. In a statement, BIR Commissioner Romeo D. Lumagui Jr. expressed frustration over the continued proliferation of illicit vapes...
The Department of Finance (DOF) reported that collections from the government’s two main tax agencies showed strong double-digit growth in the first nine months of the year. The Bureau of Internal Revenue (BIR) and the Bureau of Customs collectively gathered P2.771 trillion from January to...
BIR Commissioner Romeo D. Lumagui Jr. (holding plaque) and BIR Deputy Commissioner Ma. Rosario Charo E. Curiba, and USAID officials along with BIR personnel proudly pose after receiving multiple cybersecurity awards, including Cybersecurity Vanguard, Cybersecurity Ironman, and Cybersecurity...
The Bureau of Internal Revenue (BIR) has dealt a significant blow to the illicit trade in the country by dismantling four large-scale manufacturers of counterfeit cigarettes operating in Pampanga. This operation, the largest of its kind under BIR Commissioner Romeo D. Lumagui Jr.'s leadership,...