The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 38-2020, under the provisions of Revenue Regulations (RR) No. 4-2019 as amended by RR No. 5-2020, declaring changes on the duration for availment of Tax Amnesty on Delinquencies due to current circumstances.

BIR clarifies the taxation of any income received by social media influencers.

As instructed by the Department of Finance (DOF), the Bureau of Internal Revenue (BIR) is currently exploring methods to properly tax activities under the digital economy and enhance revenue collections by closing tax leakages.

Annually, the Philippines conducts its tax rounds for businesses nationwide. Let’s take a deeper look into the Philippine Business Tax System.

The Bureau of Internal Revenue (BIR) prescribes the policies, guidelines and procedures in the conduct of the Online Pre-Employment Examination.

BIR suspends the running of the statute of limitations on assessment and collection of taxes pursuant to Section 223 of the NIRC of 1997, as amended, due to the declaration of ECQ and MECQ in the National Capital Region and other areas of the country.

The Bureau of Internal Revenue (BIR), in an advisory published on April 28, released the deadlines for the filing of amended Annual Income Tax Returns (AITRs) and required attachments in the electronically-filed AITR of the taxable period ending on December 31, 2020. The Bureau strictly reminds taxpayers the due dates for filing to avoid penalties.

Author Trisha Alexis Maingat Atty. Trisha Alexis R. Maingat is a Philippine lawyer providing strategic legal services in tax and…

Recently, BIR released RMO No. 43-2022, requiring taxpayers and registered entities to comply with the new “Ask for Receipt” provisions.

BIR amends certain provisions of RR No. 16-2019 to implement the extension of the Estate Tax Amnesty pursuant to RA No. 11569, which amended RA No. 11213 (Tax Amnesty Act).

The BIR announced regulations on VAT zero-rating which covers IT and business process management businesses.

BIR publishes the Agency Accountability Timelines under Section 5.0 of the Inter-Agency Task Force (IATF) Memorandum Circular No. 2021-1 titled “Guidelines on the Grant of the Performance-Based Bonus (PBB) for the Fiscal Year (FY) 2021 under Executive Order No. 80, s. 2012” and published under RMC No. 85-2021.

Revenue Region No. 5-Caloocan City will be conducting a public auction of all seized real properties located within its jurisdiction on September 28, 2021 (9:00 AM) at 6th Floor, BIR Regional Office Building, EDSA Caloocan City.

BIR circularizes the consolidated Price of Sugar at Millsite for the Month of May 2021.

BIR extends the deadline for the filing of applications and suspends the 90-day processing of VAT refund claims with the VAT Credit Audit Division.