Cebu Customs shores up image with P1B surplus collection

Victor Anthony V. Silva 01/04/2017

A customs official in Cebu hoped that the surplus in import taxes and duties collected in 2016 would help change the public’s perception on the Bureau of Customs (BOC) and its workers. Cebu district collector Rico Rey…

BIR exec: Benchmarking can increase tax take

Dominic D. Yasay 11/10/2016

Benchmarking can help the revenue department to identify the companies’ performance in a certain industry, a factor that can help the department and the companies involve to increase their tax compliance. According to the Bureau of Internal…

SPECIAL LANE PROPOSAL: BIR can make it into a policy

Victor Anthony V. Silva 08/18/2016

The proposal of the European Chamber of Commerce of the Philippines to create a special lane that will grant “good” taxpayers certain benefits can be made into a policy that the Bureau of Internal Revenue (BIR) districts…

Capitol failed to remit GSIS premiums, taxes

Jose Santino S. Bunachita 07/31/2016

The Cebu provincial government has failed to remit P17.3 million to the Bureau of Internal Revenue, representing the 20 percent share of the national government of the Development fund and Special Education Fund (SEF) which the province…

‘Incremental increase’ in AFP, PNP’s pay out by August -Digong

07/27/2016

FORT MAGSAYSAY, Nueva Ecija — President Rodrigo Duterte on Tuesday vowed to provide an incremental increase in the salaries of state forces starting next month. “Starting next month, (may) incremental increase (na) sweldo niyo,” Duterte said in…

BIR suspends tax probe on Loot and Lim assets

Ador Vincent S. Mayol 07/14/2016

TWO days after announcing that it would start to validate the tax returns of controversial retired general Vicente Loot and all those with the name of “Peter Lim” in Cebu to check on their possible undeclared properties…

Startups, SMEs need tax breaks to grow: Aquino

Stephen D. Capillas 07/14/2016

THE government should support rather than make it difficult for startups and small businesses to grow by giving them tax breaks in their first two years of operation, Sen. Paolo Benigno “Bam” Aquino IV said Thursday. During…

BIR tax review on Loot, ‘Peter Lims’ this week

Michelle Joy L. Padayhag 07/12/2016

THE Bureau of Internal Revenue District Office said it may finish its tax return validation on Daanbantayan Mayor Vicente Loot and all the “Peter Lims” in Cebu sometime this week. Loot’s tax return is being validated in…

TAX PROBE ON LOOT, ‘PETER LIM’

Ador Vincent S. Mayol, Michelle Joy L. Padayhag 07/11/2016

Retired police general and now Mayor Vicente Loot of the town of Daanbantayan in Cebu, who was among the five police generals accused by President Rodrigo Duterte of allegedly coddling drug lords, will face another challenge: a…

BIR readies VAT compliance notices for 4 firms

Vanessa Claire Lucero 03/29/2016

THE Bureau of Internal Revenue (BIR) regional office has prepared compliance notices for four establishments that have been found violating revenue laws. Neri Yu, BIR 13 chief legal officer, said a VAT (value-added tax) Compliance Notice will…

BIR posts double-digit deficits in Cebu, Bohol

Vanessa Claire Lucero 03/20/2016

Revenue district offices in Cebu and Bohol failed to meet their collection targets, incurring double-digit deficits  in the first two months of the year. Cumulatively, the five Bureau of Internal Revenue (BIR) offices in Mandaue City, Cebu…

4 firms given 48 hours to pay taxes

Vanessa Claire Lucero 03/20/2016

FOUR business establishments in the north district of Cebu City have been issued a 48-hour notice to pay their correct amount of taxes. Lilivic Gatdula, Cebu City North revenue district officer of the Bureau of Internal Revenue…

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