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Tax Notes: BIR clarifies tax treatment of interest on borrowings

Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Tax Notes: BIR issues clarification on the taxation of cross-border services

Tax Notes: BIR issues clarification on the taxation of cross-border services.....»»

Category: newsSource:  sunstarRelated NewsMar 31st, 2024

Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions

Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»

Category: newsSource:  sunstarRelated NewsFeb 10th, 2024

EXPLAINER: FB verification on ‘Cebu Updates’ not yet completed. Transfer of ownership, change of name may still be assailed.

EXPLAINER: FB verification on ‘Cebu Updates’ not yet completed. Transfer of ownership, change of name may still be assailed......»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

BIR-Davao urges taxpayers to file ITR before deadline

BUREAU of Internal Revenue-Davao Region (BIR-Davao) calls on taxpayers to file their income tax returns (ITR) and not wait for the deadline which would be this coming April 15, 2024......»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

BIR attempts ‘friendly’ tack

February is not just the love month, it also marks the start of a yearlong campaign for the Bureau of Internal Revenue (BIR) to encourage the public to pay their tax obligations. After all, collecting P3.05 trillion is no easy task......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Tax Notes: Online sellers subject to 1% expanded withholding tax

Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

7s Super League football kicks off in March

The much-anticipated inaugural 7s Super League kicks off on March 10 at the McKinley Stadium in Taguig City......»»

Category: sportsSource:  philstarRelated NewsFeb 18th, 2024

UNBL All-Stars kicks off Sinulog Cup 2024 campaign with a rout of defending champions EGS

UNBL All-Stars kicks off Sinulog Cup 2024 campaign with a rout of defending champions EGS.....»»

Category: newsSource:  sunstarRelated NewsJan 23rd, 2024

BIR files case vs Ever Bilena over P1.6 billion tax liability

The Bureau of Internal Revenue has filed criminal charges against popular cosmetics brand Ever Bilena for allegedly failing to settle at least P1.6 billion in tax liability......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

26 BIR officials suspended

Bureau of Internal Revenue commissioner Romeo Lumagui Jr. has ordered the suspension of 26 BIR employees charged with misconduct and various other offenses......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Mga influencer, online seller yari sa BIR

Muling nagpaalala ang Bureau of Internal Revenue sa mga social media influencer at online seller na magbayad ng buwis upang hindi makasuhan ng gobyerno. The post Mga influencer, online seller yari sa BIR first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 7th, 2024

BIR to boost digital efforts to hit P3T target

BIR to boost digital efforts to hit P3T target.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

Woman who demanded money in return for release of BIR docs apprehended

Woman who demanded money in return for release of BIR docs apprehended.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

Tax revenues jump to P3.4 trillion

The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

‘No tax breaks for eco-zone work-from-home firms’

Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

New finance chief eyes carbon tax

Newly installed Finance Secretary Ralph Recto is pursuing the tax reform proposals of his predecessor, starting with the imposition of a carbon tax in a bid to generate additional revenues and address environmental concerns......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

Cebu City hotels fully booked as Sinulog season kicks in

Photo shows the skyline of uptown Cebu City where several business hotels are located. | CDN FILE PHOTO CEBU CITY, Philippines — As the Sinulog season kicks in, hotels in Cebu City are almost fully booked, reaching 90 to 100 percent occupancy. Hotel, Resort, and Restaurant Association of Cebu Inc. (HRRACI) president Alfred Reyes confirmed this.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

Training on COA compliance for government institutions

To guide government institutions on their compliance with the Commission on Audit Circular 2020-006, the Center for Global Best Practices will be launching a two-session online training titled “COA Guidelines and Procedures for One-Time Cleansing of Property, Plant and Equipment Account Balances” on April 18 and 19, 2024 from 1:30 to 4:45 p.m. via Zoom......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Bank loans used as RRR compliance hit P6.4 billion

Mid-sized and small banks have extended around P6.4 billion loans to micro, small and medium enterprises (MSMEs) as well as large companies, and booked these loans in compliance with their reserve requirement ratios, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024