MANILA, Philippines The Bureau of Internal Revenue (BIR) has confiscated 11.5 million packs of illicit cigarettes with an estimated tax deficiency of P8.54 billion. The BIR simultaneously raided a factory in Bulacan and three warehouses in Valenzuel
Online shopping /INQUIRER.net Stock Photo Amid the anticipated increase in revenues this coming Christmas season, the Bureau of Internal Revenue (BIR) issued a warning to online marketplaces to pay the right taxes, saying that they are closely monit
MANILA, Philippines – The Bureau of Internal Revenue (BIR) will closely monitor the tax compliance of online marketplaces and online sellers during the holiday season, Commissioner Romeo Lumagui Jr. has said. In a statement Wednesday, Lumagui
MANILA, Philippines Counterfeit cigarettes valued at P2.4 billion were confiscated when authorities raided a factory and warehouses being operated by Chinese nationals in Valenzuela City and Bulacan on Wednesday. Armed with a mission order from the
A statement issued at the start of the week announced that the Bureau of Internal Revenue was teaming up with the Anti-Money Laundering Council to boost the campaigns against tax evasion and money laundering. This is a welcome development, although
MANILAgg777, Philippines After the President signed a law imposing a 12 percent value-added tax (VAT) on foreign digital services providers (DSPs) such as Netflix, Spotify, and Google, among others, it is now up to these companies to decide whether