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Friday, October 25, 2024

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Bureau of Internal Revenue

BIR, bizgroup partner to raise awareness on new tax proposals

Industry and finance organizations and the Bureau of Internal Revenue (BIR) have formally renewed their partnership to conduct regular stakeholder dialogues and consultations on...

BIR issues new tax rules for businesses based on gross sales

Business taxpayers should note that the Bureau of Internal Revenue (BIR) has released a new order that lays down the criteria for the classification...

BIR extends use of remaining OR until fully consumed

The Bureau of Internal Revenue (BIR) has extended its deadlines for using old Official Receipts (ORs) and for complying with the new invoicing requirements...

Experts present efficient ways to deal with global challenges in supply network and distribution

The British Chamber of Commerce Philippines will host its Trade & Connect series titled: “Navigating Cross-Border Challenges: UK to PH Logistics & Supply Chain...

Exporters, e-commerce sellers need to comply with BIR’s e-invoicing

Taxpayers engaged in exports and e-commerce should start this early in preparing to comply with electronic invoicing requirements as the Bureau of Internal Revenue...

BIR bares services not covered by VAT zero rating

The Bureau of Internal Revenue (BIR) has issued new guidance that identifies which local purchases of goods relating to certain services are not deemed...

BIR gives option to file, pay VAT returns every month

Taxpayers who wish to file their value-added tax (VAT) returns and pay the corresponding VAT on a monthly basis have the option to do...

BIR, BOC go beyond revenue targets in 2020

Graphic from THEPHILBIZNEWS By Alithea De JesusThrough their diligence and close cooperation, the Bureaus of Internal Revenue (BIR) and of Customs (BOC) have both surpassed...

DOF steps up lifestyle checks, reviews process to curb corruption

Aligns with President Duterte's anti-graft drivePhoto from https://www.dof.gov.ph/report-corruption/By Alithea De Jesus Following President Rodrigo Duterte's promise during the 2016 Presidential election campaign to thwart graft...

Tax amnesty, voluntary assessment program extended until June 2021

By Victoria "NIKE" De Dios Good news for those who seek tax amnesty and voluntary assessment program. The Department of Finance (DOF) has issued Revenue...

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