The most notorious of all is the Bureau of Internal Revenue (BIR ... tax payments from those who eschew paying huge taxes accruing from their businesses. Thankfully, my friend’s husband has since ...

The BIR will assess total collections from online sellers after the April 15 income tax filing deadline. “Diyan natin makikita kung ano ang magiging ultimate compliance ng mga online sellers,” Lumagui ...

As to election-related expenditures, BIR circulars 38-2018, 31-2019, and 22-2022, provide that income payments made by candidates and parties on their purchases shall be subject to 5% creditable ...

THE Court of Tax Appeals (CTA) has junked the plea of the Bureau of Internal Revenue (BIR) to reverse its 2022 ... the CTA held that the said deficiency income tax assessment lacks sufficient ...

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.

The Bill continues to reference certain definitions from the Income-tax Act, 1961, and there are many cross-references between tables, which could make the reading slight cumbersome, says Sunil ...

Finance Minister Nirmala Sitharaman will table the new Income Tax Bill 2025 in the Lok Sabha today likely at 2:00 pm. Simultaneously in Rajya Sabha, the discussions will be resumed on the JPC ...

MANILA, Philippines — The Bureau of Internal Revenue (BIR) has vowed to continue targeting ... was display the compliant products with tax stamps, while hiding the illegal ones and continuing ...

The new Income Tax Bill has 57 tables, compared to 18 in the existing Act, and it removes 1,200 provisions and 900 explanations. New Income Tax Bill 2025: The new bill, which was introduced in the ...

The Bureau of Internal Revenue (BIR) launched the Friendly Tax Compliance Verification Drive (TCVD) in celebration of Tax Awareness Month to promote taxpayer education and encourage voluntary ...

The Bureau of Internal Revenue (BIR) launched a campaign that aims to help taxpayers understand their tax obligations to encourage voluntary compliance. In a statement Tuesday, the BIR said the ...

Income Tax Bill 2025: Finance Minister Nirmala Sitharaman tabled the new direct tax code or the Income Tax Bill 2025 in Lok Sabha on Thursday. The Income Tax Bill, 2025, will now be referred to ...