Senator Nancy Binay on Sunday urged the Bureau of Internal Revenue (BIR) to “have a heart” and spare private schools from a 150 percent increase in income tax. Binay said the BIR should withdraw its Revenue Regulation No. 5-2021 which seeks to impose higher income tax on so-called proprietary...
Senator Sherwin Gatchalian on Saturday, June 5, called on the Senate to exercise its oversight function and look into the Bureau of Internal Revenue's (BIR) regulation seeking to increase the tax rate of private schools. Senator Sherwin Gatchalian during a special session in the Senate on March 23,...
The Bureau of Internal Revenue (BIR) has reported that 1.43 million or 99.5 percent of all the income tax returns filed (ITRs) during the last tax filing season were filed online. In a report to the Secretary of Finance, the BIR said that only 7,139 returns were filed manually. This is clearly a...
The Coordinating Council for Private Educational Associations (COCOPEA) has appealed for President Duterte’s intervention to reverse a Bureau of Internal Revenue (BIR) regulation increasing their tax rate. In an open letter dated June 4, 2021 released by COCOPEA, about 600 private schools and...
Various private education stakeholders have appealed to President Duterte to intervene as they seek to reverse the provisions in the revenue regulation of the Bureau of Internal Revenue (BIR) which seeks to increase the tax rate of private schools. (PIXABAY / MANILA BULLETIN) A petition signed by...
Senators have called on the Bureau of Internal Revenue (BIR) to rescind its regulation that increasing the tax rate on schools to 25 percent. Senate President Pro Tempore Ralph Recto Senate President Pro Tempore Ralph Recto and Senator Joel Villanueva referred to the BIR's Revenue Regulation 5-2021...
Senator Sonny Angara is now seeking to amend a section in the country’s National Internal Revenue Code (NIRC) in order to correct the Bureau of Internal Revenue’s (BIR) wrong interpretation on the tax imposed on proprietary educational institutions. Angara, in filing Senate Bill No. 2272,...
As the Bureau of Internal Revenue (BIR) ramps up digitalization initiatives, the Department of Finance (DOF) reported that nearly all income tax returns (ITRs) were filed online during the last tax filing season. In a statement released by the DOF on Thursday, June 3, it cited a BIR report stating...
Providing world-class customer experience is a local telco's best bet to stay on top of the game. "By 2030, we hope to continue being the leader in customer experience," said PLDT Chief Revenue Officer and Smart Communications President and CEO Alfredo S. Panlilio. "We also ought to be more digital...
The Bureau of Customs (BOC) surpassed its revenue collection goal for May 2021 by over P3 billion, posting an actual collection of P49.334 billion, the agency said Wednesday, June 2. Bureau of Customs (BOC) Commissioner Rey Leonardo Guerrero (Photo courtesy of the BOC) The bureau has recorded a...
The Bureau of Internal Revenue (BIR) should collect the P40-billion in unpaid franchise taxes of Philippine Offshore Gaming Operators or POGOs and they should leave the country once they’ve paid. Senator Risa Hontiveros made the call as she stressed that the social costs that came along with the...
The Anti-Red Tape Authority (ARTA) has called on government agencies to follow the lead of the Securities and Exchange Commission (SEC) and the Bureau of Internal Revenue (BIR) in reforming business processing. ARTA ARTA Secretary Jeremiah Belgica lauded the two agencies and urged others to follow...
