Marcos urges public: Don’t delay, pay taxes now

Daphne Galvez 02/08/2023

MANILA, Philippines — President Ferdinand Marcos Jr. on Tuesday urged the public “to pay the correct amount of taxes on time” to support the country’s economic recovery and expansion.taxes At the launch of the Bureau of Internal…

New Year ushers in lower income tax rates

Ronnel Domingo 12/25/2022

MANILA, Philippines — The New Year will bring good tidings to a majority of Filipino fixed-income earners. Starting Jan. 1, 2023, individual taxpayers will pay lower income tax rates, but those earning over P8 million annually will…

BIR vows to study Marcos Jr. estate tax case

John Eric Mendoza 12/14/2022

MANILA, Philippines — The Bureau of Internal Revenue (BIR) will study the estate tax case of the family of President Ferdinand “Bongbong” Marcos Jr., the bureau’s commissioner Romeo Lumagui Jr. said. “Pagaaralan po natin yan at sisisguraduhin…

City hall, Capitol still evaluating values of lots for 93-1 land swap deal

Wenilyn B. Sabalo 09/15/2022

CEBU CITY, Philippines — The Cebu City government and the Cebu Provincial government still haven’t reached an agreement on a final valuation of the properties involved in the 93-1 land swap deal as of mid-September 2022. Since…

BIR to comply with court ruling on Marcos estate tax, says incoming chief

Daphne Galvez 06/22/2022

MANILA, Philippines — Incoming Bureau of Internal Revenue (BIR) Commissioner Lilia Guillermo on Wednesday said the agency will comply with the court’s decision on the estate tax issue of the Marcos family and will follow the agency’s…

Mayor Suan says he has submitted pertinent documents for reopening of Mr. Liempo branches

Futch Anthony Inso 05/20/2022

LAPU-LAPU CITY, Philippines — The camp of Cordova mayor-elect Cesar “Didoy” Suan said they have already submitted the necessary documents to re-open the around 30 “Mr. Liempo” branches in Cebu. Earlier, the Bureau of Internal Revenue (BIR)…

DOF orders BIR to track, tax online sales

Ben O. de Vera 10/27/2021

The Bureau of Internal Revenue (BIR) is putting up a dedicated unit that will track digital sales transactions and capture the correct taxes due from these goods and services. In a statement on Tuesday, the Department of…

More senators oppose tax hike on private schools

DJ Yap 06/07/2021

MANILA, Philippines — “Have a heart,” Sen. Nancy Binay implored the Bureau of Internal Revenue (BIR) on Sunday as more senators joined the chorus of objections to the 150-percent income tax hike on struggling private schools amid…

‘Sin’ tax collections down 13% in 8 months

Ben de Vera 10/05/2020

The Bureau of Internal Revenue (BIR) will soon roll out new and improved tax stamps for cigarettes, e-cigarettes and alcoholic drinks to ensure collection of the correct excise taxes. Internal Revenue Commissioner Arnel Guballa told the Inquirer…

Cebu PB asks DTI, BIR to be lenient on online sellers amid COVID crisis

Rosalie O. Abatayo 07/28/2020

Cebu City, Philippines — Show leniency and liberality in applying laws on small-time online businesses considering present economic struggles due to the coronavirus pandemic. Cebu Provincial Board made this appeal to the Bureau of Internal Revenue (BIR)…

COA tells Mandaue City to remit withheld taxes, sanction officials causing delays

Rosalie O. Abatayo 07/13/2020

CEBU CITY, Philippines — The Commission on Audit (COA) has recommended to the city government of Mandaue to impose sanctions to its officials and employees who are responsible for the non-remittance of withheld taxes amounting to P6.2…

COA to Cebu City: Remit P43M to BIR, GSIS, PAG-IBIG, Philhealth

Delta Dyrecka Letigio 07/09/2020

CEBU CITY, Philippines — The Commission on Audit (COA) has asked the Cebu City government to remit the P43,156,394.00 funds withheld in 2019 due to the Bureau of Internal Revenue, Government Service Insurance System (GSIS), PAG-IBIG Fund,…

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