Revenue Region No. 5, Caloocan City of the Bureau of Internal Revenue (BIR) today officially put into motion the construction of its Document Processing Division (DPD) building with the laying of the structure’s cornerstone.
Read MoreFor the month of September 2012, the BIR collected Php 71.04 billion in tax revenues, Php 4.49 Billion or 6.75% more than collections made in September of 2011. For the period January to September 2012, the BIR collected Php 772.47 Billion in tax revenues, Php 86.21 Billion or 12.56% more than collections made for the period January to September of 2011.
Read MoreThe 9th Asia-Pacific Tax Forum (APTF) was held at Makati Shangri-La on October 3-5, 2012. The forum was co-hosted by the Department of Finance (DOF) together with the International Tax and Investment Center (ITIC). The three-day event showcased the international best practices in taxation as shared by several experts from different areas.
Read More10 October 2012, Tokyo, Japan. The Government of the Republic of the Philippines and the Government of Japan signed today the JPY7.775 billion (about US$100 million) Loan Agreement to support the implementation of the Development Policy Support Program-Investment Climate Program Loan at the sidelines of the World Bank-International Monetary Fund Annual Meeting in Tokyo, Japan.
Read MoreThe Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against PAULINO GO PE (PE) for willful attempt to evade or defeat tax and for deliberate failure to supply correct and accurate information in his Income Tax Returns (ITR) for Taxable Years (TY) 2008 to 2010, in violation of Sections 254 and 255 of the National Internal Revenue Code of 1997, as amended (Tax Code).
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