The RMC requires all businesses with “tangible asset-rich” balance sheets to submit an annual inventory list along with schedules in the format prescribed by the BIR. Accordingly, a tangible ...

THE Bureau of Internal Revenue (BIR) is receptive to the moratorium on ... he has no objection should a moratorium, suspending the annual 5-percent tax hike on tobacco products, be implemented.

MANILA, Philippines — The Bureau of Internal Revenue (BIR) has vowed to continue targeting importers and distributors of illicit vape products this year. Speaking at the Bagong Pilipinas Ngayon ...

Brussels-based organization says it opposes restrictions backed by metals producers with melt shops in Europe. BIR says ”efforts to introduce export limits are aimed at artificially lowering the ...

The Bureau of Internal Revenue (BIR) is being called out by a reader for misleading the public into thinking that the agency will perform exceptionally well in its revenue collection for 2024 when ...

The Bureau of Internal Revenue is targeting a P3.232 trillion revenue collection for 2025, BIR Commissioner Romeo Lumagui Jr. said Monday. ''Ang target collection na naiatas sa atin ngayong 2025 ay ...

Gatchalian has filed a resolution seeking an inquiry into a requirement by the Bureau of Internal Revenue (BIR) that Gatchalian said imperils the tax exemption privileges of cooperatives.

MANILA, Philippines — The Bureau of Internal Revenue (BIR) has achieved a landmark success by surpassing its P2.85-trillion collection target for 2024, a goal set by the Development Budget ...

The annual reporting season for calendar year-end companies is in full swing and public companies should consider several new ...