bureau of internal revenue
Foreign workers now required to secure TIN
3 June, 2019 at 14:23
Foreign nationals who intend to work or engage in business in the Philippines are now required to register with the Bureau of Internal Revenue (BIR) and get a Taxpayer Identification Number (TIN), according to the agency.
[EDITORIAL] ‘Sin’ taxes must rise
28 May, 2019 at 12:01
Legislators are expected to be busy in the next two weeks tackling the issue of whether taxes on so-called “sin” products such as cigarettes and liquor are high enough to discourage smoking and drinking, but at the same time not kill the industries behind them, to allow the government to get funding for its health care program.
Tax bureau moves to address businesses’ VAT...
2 January, 2019 at 09:56
The 90-day deadline for processing value-added tax (VAT) refund claims now covers the actual payment of the amount, the Bureau of Internal Revenue (BIR) said.
DOF to push for exchange info, bank...
16 November, 2018 at 15:36
The Department of Finance (DOF) said yesterday it would appeal for the legislature to retain the exchange of information and bank secrecy provisions under the proposed tax amnesty bill.
DTI’s Lopez to foreign shipping lines: Scrap...
20 August, 2018 at 16:00
Trade Secretary Ramon M. Lopez on Wednesday urged foreign shipping lines to remove “unnecessary charges” imposed on importers and exporters, as the government goes all out against abusive freight carriers.
BIR seen filing more tax-evasion cases estimated...
11 April, 2017 at 10:19
The Bureau of Internal Revenue (BIR) will file more complaints at the Department of Justice (DOJ) against local cigarette company Mighty Corp. for the cigarette products bearing fake-tax stamps found in several of its warehouses across the country
Foreign business groups back e-receipts policy
16 February, 2017 at 11:02
Foreign business chambers have backed a government proposal for the mandatory use of electronic receipts (e-receipts) contained in the Finance department-backed comprehensive tax reform program.
BIR ordered to expedite VAT refunds processing
9 February, 2017 at 10:02
Finance Secretary Carlos G. Dominguez III has ordered the Bureau of Internal Revenue to fast-track the issuance of investors’ value-added tax (VAT) refunds that were retroactively affected by a rule issued in 2014.
Taxes up in smoke
13 October, 2016 at 15:07
Finance Secretary Sonny Dominguez has come up with a very desirable plan to reduce the taxes we pay. But he needs funds to implement it.
Lifting of bank secrecy law pushed
25 April, 2016 at 14:26
Tax managers and a former finance chief Wednesday said they supported the lifting of the bank secrecy law for tax purposes to further shore up government revenues.
Crunch time for tax incentives bill as...
8 September, 2015 at 15:25
THE HOUSE of Representatives and Senate are set to meet this week to agree on one version of a measure that puts in place a reporting scheme for tax incentives granted by government to businesses.
Business groups seek changes to incentives bill
1 June, 2015 at 15:16
Posted on May 31, 2015 10:26:00 PM By Daphne J. Magturo, Reporter THE PHILIPPINE BUSINESS Groups and Joint Foreign Chambers (PBG-JFC) said they
Recto quits committee chairmanship
17 October, 2012 at 10:39
MANILA, Philippines (2nd UPDATE) – Sen Ralph Recto resigned on Monday, October 15, as chairman of the Senate Ways and Means
