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Netflix, Lazada and other big online merchants are the target of tax collectors, Bureau of Internal Revenue (BIR) Deputy Commissioner Arnel Guballa said, allaying fears that the agency was running after small online sellers. Guballa said the…
The Department of Finance (DOF) did not buckle to calls not to force online sellers to register with the Bureau of Internal Revenue (BIR) and pay taxes while the country is battling the new coronavirus disease (COVID-19)…
MANILA, Philippines — The Bureau of Internal Revenue has directed online sellers to register their business activities and settle their taxes not later than July 31. BIR said it issued Memorandum Circular 60-2020 “to give notice to…
MANILA, Philippines — With the government expecting to spend trillions more than it earns over the next two years, the country’s economic managers are studying ways to raise more funds, including getting their hands in our digital…
All local government units (LGUs)—provinces, cities, municipalities, and barangays—have been ordered to extend until June 25 the payment deadlines of all taxes, fees, and charges that fell due during the COVID-19 lockdown. This order was contained in…
The first-quarter tax collections of the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) not only declined but also slid below target as the COVID-19 pandemic and the resulting quarantine imposed since mid-March hurt domestic…
CEBU CITY, Philippines — Utility companies, banks, and the city government will be giving deadline extensions to the public for the payment of bills, loans, and taxes. Mayor Edgardo Labella revealed that the Metropolitan Cebu Water District…
MANILA, Philippines — The Bureau of Internal Revenue (BIR) on Wednesday said it is not keen on extending the deadline for the filing of 2019 Income Tax Returns (ITR) beyond April 15, 2020, and instead encouraged taxpayers…
CEBU CITY, Philippines — The Cebu City Treasurer’s Office (CTO) is tapping the assistance of the city’s 80 barangays in monitoring the presence of businesses in their respective jurisdictions. Lawyer Jerone Castillo, CTO head, said that barangays…
CEBU CITY, Philippines –The Cebu City government reported an earning of P7 billion from the city’s tax collection from January 2019 to October 2019, which already includes business taxes, permits and licensing community taxes, and other collections.…
MANILA, Philippines — The House of Representatives on Tuesday passed on third and final reading a bill that will gradually increase excise tax rates on liquor and heated tobacco and vapor products. Some 184 congressmen approved House…
FROM August to December this year, over 1,000 business establishments in Cebu City were found to have failed to secure business permits and pay their business tax. If they continue to ignore their responsibilities, the city might…
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