BIR Releases Order Exempting Donated Gadgets For Public Schools From VAT, Donor’s Tax, ATRIG

BIR

BIR released an order exempting donated gadgets for public schools from VAT, donor’s tax, and ATRIG. The Bureau of Internal Revenue (BIR) released an order exempting donated laptops, personal computers, tablets, or similar equipment used in learning and teaching to public schools from value-added tax (VAT), donor’s tax, and Authority to Release Imported Goods (ATRIG). … Read more

BIR Relaxes Rules For Resumption Of Operations, Clearance Application For POGOs

BIR

BIR relaxed the rules for POGO’s resumption of operations and clearance applications. The Bureau of Internal Revenue (BIR) had relaxed the rules for Philippine Offshore Gaming Operators (POGO) application for tax clearance for service providers and licensees. Aside from this, the Bureau of Internal Revenue also relaxed the rules for the resumption of its operations … Read more

Taxing Online Sellers ‘Starts During Aquino Administration’, Says Palace

Online Sellers

Taxing online sellers ‘started during Aquino administration’, according to the Palace. The Palace on Monday said that the policy of requiring online sellers in the Philippines to register with the Bureau of Internal Revenue (BIR) and pay taxes already started during the Aquino administration. This, as Presidential Spokesperson Harry Roque on Monday said in a televised briefing … Read more

POGOs And Its Service Providers Must Pay Taxes Before Resuming – BIR

POGOs And Its Service Providers Must Pay Taxes Before Resuming – BIR

POGOs and its service providers must pay their tax dues before resuming its business activities during the ECQ, according to BIR. The Bureau of Internal Revenue (BIR) said that the Philippine Offshore Gaming Operators (POGOs) and its service providers must pay their tax dues before continuing its business activities during the enhanced community quarantine (ECQ). … Read more

BIR Extends Deadline For Filing Taxes To June 14

Deadline For Filing

BIR extended the deadline for filing taxpayers’ income tax returns to June 14. The Bureau of Internal Revenue extended the deadline for filing taxpayers’ income tax returns as the enhanced community quarantine (ECQ) in some areas in the Philippines continued until May 15, 2020. Under Revenue Regulations 11-2020 of the Bureau of Internal Revenue, taxpayers … Read more

BIR To Waive Penalties For ITRs After Paying Tax Before June 15, 2020

BIR

BIR released a Revenue Memorandum Circular that will waive penalties for ITR amendments to taxpayers who settled their payments on or before June 15, 2020. The Bureau of Internal Revenue (BIR) announced that it will waive penalties for income tax return (ITR) amendments to taxpayers who settled their payments on or before June 15, 2020. … Read more