Various institutions led by the National Tax Research Center (NTRC) have expressed their support for a Department of Finance (DOF) proposal on the mandatory connection of point-of-sale (POS) machines of…
BIR still determining Mighty's tax deficiencies Finance Secretary Carlos Dominguez III said the Bureau of Internal Revenue (BIR) is still determining the correct amount that Mighty Corporation should pay in…
Finance Secretary Carlos Dominguez III said he is "pretty sure" that the Bureaus of Customs (BOC) and of Internal Revenue (BIR) could attain their respective collection targets for this year,…
A new revenue regulation (RR) to be issued by the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) now makes banks, rather than the taxpayer, liable for…
The Bureau of Internal Revenue (BIR) posted a 15 percent revenue collection increase to P157.3 billion in November from its year-ago performance. The BIR said in a report to Finance…
The government will never hit, much less surpass, its annual collection targets unless it indexes taxes to inflation and modernize fiscal incentives given to certain industries that account for over…
Finance Secretary Carlos Dominguez III has vowed to work closely with the Bureau of Internal Revenue (BIR) as it takes on the noble task of ensuring the financial sustainability of…
Another P1-million cash reward has been offered to anyone who can provide information leading to the arrest of the persons behind the murder this time of Bureau of Internal Revenue…
Separate teams from the Bureau of Customs (BOC) and of Internal Revenue (BIR) have seized fake cigarettes worth over P1 billion, fake tax stamps worth approximately P175 million in taxes,…
January to November Fiscal Deficit at P26.8 billion 29 December 2014 Manila, Philippines – The National Government (NG) achieved a P6.8 billion fiscal surplus in November despite revenues contracting 4%…
