Paranaque City Mayor Edwin Olivarez announced on Monday, Feb. 7, that the city's Business Permit and Licensing Office (BPLO) headed by Atty. Melanie Soriano-Malaya was able to collect P3.6-billion in business taxes for the year 2021. Olivarez, during Monday's virtual flag raising ceremony, said...
The Bureau of the Internal Revenue (BIR), the government’s main tax agency, has missed its collection target last year, the Department of Finance (DOF) reported on Friday, Jan. 28. Citing preliminary reports from the BIR, the DOF said the bureau collected P2.07 trillion from January to December...
The Department of Finance (DOF) ranked Paranaque City as the fifth richest city in the country as it earned P6.3 billion in local revenue generation in 2020. Based on the report of DOF’s Bureau of Local Government Finance (BLGF), Paranaque City was one of the top 10 performing provinces, cities...
Collections of the government’s two main tax agencies surpassed the P2-trillion mark in the first nine months of the year, nearing the pre-pandemic level, the Department of Finance (DOF) reported Friday, Oct. 22. Finance Secretary Carlos G. Dominguez III said tax haul of the Bureau of Internal...
The Court of Tax Appeals (CTA) has cancelled the P105-million deficiency tax assessment slapped by the Bureau of Internal Revenue (BIR) against an Angeles City-based petroleum company for the failure of the former to observe the mandatory procedure for issuing tax assessments. (Photo from BIR...
The Court of Tax Appeals (CTA) en banc has cancelled the P53-million tax collection case imposed by the Bureau of Internal Revenue (BIR) against the president of one of the country's largest logistics and transport companies for violating his right to due process. (Photo from BIR Facebook page) The...
The Bureau of Internal Revenue (BIR), the government’s main tax collection agency, has laid down its programs for the year to raise its collection performance to support its goal for a 7.23 percent increase in tax collection this year. In a statement, BIR Commissioner Caesar R. Dulay said the...