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Ever Bilena faces P9.3 million tax rap

The Bureau of Internal Revenue has filed a criminal complaint against popular cosmetic brand Ever Bilena for nearly P10 million in alleged tax deficiencies......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

ICHRP welcomes acquittal of Maria Ressa in Philippine tax evasion case

The International Coalition for Human Rights in the Philippines (ICHRP) welcomes journalist and Nobel Prize recipient Maria Ressa’s acquittal from a Philippine tax evasion case......»»

Category: newsSource:  samarnewsRelated NewsFeb 27th, 2024

Sereno: Choose to do good, fight for what is right

Sereno: Choose to do good, fight for what is right.....»»

Category: newsSource:  sunstarRelated NewsMar 14th, 2024

BIR doubles down on vape industry

The Bureau of Internal Revenue is ramping up efforts to monitor the vape industry after scoring a major win in a P1.2-billion tax evasion case......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Digital times call for digital measures

The Bureau of Internal Revenue has recognized the undeniable rise of digital commerce in the Philippines by promulgating Revenue Regulation16-2023, issued on Dec. 21, 2023, and Revenue Memorandum Circular 08-2024, issued on Jan. 15, 2024, respectively......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

SSS Surpass 2023 Revenue Target by 9.5%

The Social Security System (SSS) said it surpassed its revenue target for 2023, the highest revenue ever recorded according to SSS Chief Executive Officer Rolando Ledesma Macasaet. In a press release, SSS said they had initially set the revenue target for last year at Php330 billion but have achieved 9.5% more or Php362.20 billion. “Our […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

Vape products found with P151 million tax deficiencies

More vape products are found evading tax liabilities of around P151 million as the Bureau of Internal Revenue ramps up its enforcement activities......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 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

Ever Bilena tax liability pegged at P1.6 billion

The alleged tax deficiency of popular cosmetic brand Ever Bilena has ballooned to P1.6 billion, according to the Bureau of Internal Revenue......»»

Category: newsSource:  philstarRelated NewsFeb 3rd, 2024

BIR ramps up tax compliance drive

The Bureau of Internal Revenue has initiated a nationwide tax compliance drive to boost awareness and encourage taxpayers to pay their obligations......»»

Category: financeSource:  philstarRelated NewsJan 19th, 2024

DOJ sues firm for tax evasion

The Department of Justice has filed criminal charges against a company for evading tax payment by using fake receipts......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

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: Online sellers subject to 1% expanded withholding tax

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

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Correction over collection

Secretary Ralph Recto has reportedly “ordered” the Bureau of Internal Revenue and the Bureau of Customs to work together in order to achieve the revenue collection target of P4 trillion-plus for 2024......»»

Category: newsSource:  philstarRelated NewsJan 26th, 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

Reclaiming compromise payments

In the context of tax assessments, the Bureau of Internal Revenue offers remedies for taxpayers with assessed deficiency taxes......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Digital TIN IDs issued reaches 100,000

he Bureau of Internal Revenue has issued 100,000 tax identification number IDs in digital form as more Filipinos opt out from lining up at district offices......»»

Category: financeSource:  philstarRelated NewsMar 28th, 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

LIST: 21 medicines added to VAT-exempt list

The Bureau of Internal Revenue has expanded its list of medicines which are exempt from the value added tax......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

BIR expands list of VAT-exempt medicines

The Bureau of Internal Revenue has issued an updated list of value-added tax or VAT-exempt medicines for diseases such as cancer, hypertension and diabetes......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024