BIR told to hit collection target By Chino S. Leyco The new administration expects the Bureau of Internal Revenue (BIR), the government’s main tax agency, to attain its collection target this year despite weaker than expected performance in the six-semester. Finance Secretary Benjamin E. Diokno...
Senator Sherwin Gatchalian said he is keen on crafting a law that would impose additional tax on the country’s richest individuals noting how many of them are not even included in the Bureau of Internal Revenue’s (BIR) top income taxpayers. Sen. Sherwin Gatchalian Gatchalian, who is poised to...
The Department of Finance (DOF) has approved the reshuffle of several regional district collectors of the Bureau of Internal Revenue (BIR), the government’s main tax agency. Finance Secretary Benjamin E. Diokno’s approval follows BIR Commissioner Lilia C. Guillermo’s order that relieved six...
The Bureau of Internal Revenue (BIR) announced Friday, July 8, that it has temporarily shelved its digitalize audit program which is supposed to minimize corruption in the service. Bureau of Internal Revenue BIR Commissioner Lilia C. Guillermo told field officials in a virtual Zoom meeting that the...
The Bureau of Internal Revenue (BIR) will set up a centralized online center to receive and answer complaints from taxpayers about arrogant and dishonest revenuers. Lilia Guillermo (Photo from dime.gov.ph) Incoming BIR Commissioner Lilia Guillermo said the program is aimed at enhancing the image of...
For the position of Bureau of Internal Revenue (BIR) commissioner, President-elect Ferdinand “Bongbong” Marcos Jr. has designated Bangko Sentral ng Pilipinas (BSP) Assistant Governor Lilia Guillermo. Lilia Guillermo (Photo from dime.gov.ph) “Guillermo’s strong background in IT and her...
Senator Sherwin Gatchalian on Wednesday called on the Bureau of Internal Revenue (BIR) to launch a massive crackdown on mulcting officials and personnel, victimizing not just large corporations, but even small businesses. “Marami sa ating mga maliliit na negosyante ay kinikikilan ng ilang hindi...
Megaworld Corp. said the impending issuance of a closure notice against the property company has been clarified and resolved with the Bureau of the Internal Revenue (BIR). Francisco C. Canuto, Megaworld compliance and corporate information officer said in a statement that the company has reached...
The Department of Finance (DOF) on Thursday said it does not support the measures that seek to provide a tax exemption for teachers and other personnel who would render services during elections. The DOF made their position known at the Senate Committee on Ways and Means hearing on the various...
Filipinos are getting entrepreneurial as the Bureau of the Internal Revenue (BIR) reported an increase in the number of new businesses last year despite the prolonged pandemic, the Department of Finance (DOF) said. BIR Commissioner Caesar R. Dulay reported to the DOF that the agency registered 4.64...
The Bureau of Internal Revenue (BIR) has filed tax evasion charges against seven corporate and nine individual taxpayers based in Luzon and Cebu worth more than P368 million. Bureau of Internal Revenue In separate criminal complaints submitted to the Department of Justice, BIR Commissioner Caesar...
The Philippine government is losing about P26 billion in taxes every year due to illicit cigarettes, a House lawmaker said. During the Combating Illicit Tobacco Trade webinar on Thursday, April 7, PBA Party-list Rep. Jericho Jonas B. Nograles said that based on the Euromonitor International report,...
