Tag: BIR

Pangulong Duterte may hamon sa mga kritiko ng TRAIN law

MANILA, Philippines (Eagle News) — Hinamon ni Pangulong Rodrigo Duterte ang mga kritiko ng Tax Reform Acceleration and Inclusion (TRAIN) law. Ito ay matapos na maipaabot sa Pangulo ang patuloy pa ring pagkontra ng ilang grupo sa TRAIN law na nagdulot ng pagtaas ng presyo sa ilang pangunahing bilihin. Sinabi ng Pangulo na huwag na lamang magbayad ng buwis ang mga taong tutol sa pag-iral ng train. Ngunit dapat aniyang maging handa sakaling habulin naman […]

BIR collects P4 billion more in monthly taxes from Mighty Corp. since JTI takeover in 2017

(Eagle News) –The Bureau of Internal Revenue (BIR) has reported it has collected roughly P4 billion more in monthly excise taxes from Mighty Corporation during the September-December 2017 period. BIR Commissioner Caesar Dulay said the P20.22 billion–collected since Japan Tobacco Inc.  (JTI) fully took over Mighty Corp.’s operations—represents a 262 percent increase from the P5.57 billion collected for the same period in 2016. “What stands out there is the Mighty-JTI improvement in collections…,” Dulay said. […]

BIR files tax evasion raps vs Kenneth Dong, Mark Taguba

By Moira Encina Eagle News Service The Bureau of Internal Revenue has filed tax evasion complaints against businessman Kenneth Dong and Mark Taguba, who were both implicated in the P6.4-billion shabu shipment mess in May. BIR commissioner Caesar Dulay said the charges against Yi Shen Dong, Dong’s real name, stem from his failure to pay taxes amounting to P11.4 million from 2003 to 2017. Dulay said Dong himself admitted in congressional hearings that he never […]

Malacanang welcomes P40-billion tax settlement of Mighty Corp; funds to go to infra projects

  (Eagle News) — The country’s second largest cigarette manufacturer has entered into a P40-billion compromise settlement with the Philippine government for its multi-billion peso tax liability, the payment of which will go to the infrastructure program of President Rodrigo Duterte’s administration. Malacanang on Saturday welcomed the P40 billion settlement of Mighty Corporation which had earlier made an initial payment of P3.44 billion to the Bureau of Internal Revenue. Presidential spokesperson Ernesto Abella, in a […]

BIR forms special team to probe COMELEC chair Bautista

QUEZON City, Philippines (Eagle News) — The Bureau of Internal Revenue (BIR) formed a special team to investigate the tax liabilities of Commission of Elections (Comelec) Chairman Andres Bautista and his close relatives in connection with his alleged undeclared wealth. BIR Commissioner Caesar Dulay issued Revenue Special Order 706 – 2017, which  appointed as coordinator of the investigating panel Regional Director Glenn Geraldino of Revenue Region VIII Makati City.  He will be assisted by several […]

BIR official shot dead in QC

(Eagle News) — A Bureau of Internal Revenue (BIR) official was shot dead by a motorcycle rider in Quezon City Wednesday morning, based on a closed-circuit television footage that policemen had obtained. The victim was identified as Albert Enriquez, chief of the tax assessment section of the BIR District Office (RDO) No. 28 which covers the Novaliches area. Based on the CCTV footage obtained by the police, Enriquez had just alighted from his white sport […]

Filipinos try to beat tax payment deadline today- April 17

(Eagle News) — Today, April 17, is the last day for the filing of taxes and Filipinos are lining up to beat the deadline. Bureau of Internal Revenue (BIR) Commissioner Caesar R. Dulay earlier reminded individual and corporate taxpayers that they have until April 17 to file their 2016 income tax returns. The BIR issued Revenue Memorandum Circular No. 28-17 for this as the earlier actual April 15 deadline fell on a holiday, a Saturday which […]

Philrem, sinampahan ng P35.6-M tax evasion case ng BIR

(Eagle News) — Sinampahan ng  Bureau of Internal Rrevenue  (BIR)  ng kasong tax evasion ang kumpanyang Philrem Service Corporation. Ang Philrem ay ang kumpanyang nadawit sa  $81-million money laundering scheme sa perang ninakaw mula sa Bangladesh Bank Isinampa ng BIR ang kaso sa Department of Justice laban sa Philrem at sa mag-asawang may-ari nito dahil sa hindi pagbabayad ng buwis na aabot sa P35. 61 million. Partikular na kinasuhan sina Philrem president Salud Bautista at […]

BIR: No extension of April 15 Income Tax Return filing deadline

QUEZON CITY, April 15 — The Bureau of Internal Revenue (BIR) is reminding all taxpayers that the deadline for the filing of 2015 Income Tax Returns and the payment of the tax due thereon, if any, is today, April 15, 2016. There will be no extension of the said deadline just like what was strictly enforced during the income tax filing/payment deadline in 2015. Tax returns filed and taxes paid after 5 pm of April 15, 2016 will be slapped with the […]

Taxing the Miss Universe

QUEZON City, Philippines (January 22) – After forty-two years the crown was finally redeemed. Miss Universe Pia Wurtzbach bravely stood to represent the Philippines last December 20, 2015 with 79 other contestant. Her winnings include $300,000 in cash, a scholarship, a year-long salary, a luxurious accommodation in New York City during her reign, maintenance in hair, skin, health and nutrition, shoe and wardrobe sponsorship, wardrobe and styling by the official Miss Universe Organization fashion stylist, a […]

BIR to reform payment of taxes

Presidential Spokesperson Edwin Lacierda said that the Bureau of Internal Revenue (BIR) is trying to reform the system of payment of taxes. This is in response to the report made by the World Bank stating that the inefficient system of tax payment in the Philippines negatively affects businesses. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Jericho Morales, Uploaded by MRFaith Bonalos) https://youtu.be/rReX_wUxfDo

Aquino lauds BIR’s performance during 111th anniversary

  (Eagle News) — President Aquino lauded the exemplary performance of the Bureau of Internal Revenue (BIR), which celebrated its 111th founding anniversary on Monday, as the bureau reports increasing yearly tax collections. In a speech delivered before the agency’s officials and employees, President Aquino noted the BIR’s no-nonsense enforcement of tax laws and its steadfast implementation of priority programs to boost tax collection under the leadership of Commissioner Kim Jacinto-Henares. “Dahil sa mabuting pamamahala, […]