List of TIN Requirements in Applying for ID Card TIN REQUIREMENTS – You can check the list below for the documents needed in applying for Tax Identification Number ID card at BIR. In the Philippines, one of the documents often required in performing certain transactions is the Taxpayer Identification Number or ID card. It is … Read more
Update on BIR Deadline for Filing of Annual ITR BIR – The Bureau of Internal Revenue spoke on the dealine for the filing of the annual Income Tax Return (ITR). One of the requirements of the government in almost all countries is the filing of annual income tax returns (ITRs) of specific individuals and businesses. … Read more
BIR: “There are initial observations and findings na talaga maraming non-compliant” BIR — The Bureau of Internal Revenue said that online sellers and social media influencers must pay their taxes. The tax bureau is in talks with online shopping platforms on the collection of taxes for online sellers. BIR Commissioner Lilia Guillermo reiterated that all … Read more
BIR: “We will use big data analysis from the social media data and identify big time online sellers and influencers.” BIR — The Bureau of Internal Revenue will use “big data analysis from the social media data” to identify big-time online sellers and influencers. The tax bureau has asserted that the agency is really determined … Read more
BIR: “We are towards mandating the use of receipts electronically para wala nang mga papel.” BIR — The Bureau of Internal Revenue said that it is piloting the use of an e-invoicing (electronic invoicing) system and issuance of e-receipts (electronic receipts) for select 100 large taxpayers. BIR Commissioner Lilia Guillermo told veteran journalist Malou Mangahas … Read more
Incoming BIR Commissioner Lilia Guillermo: “This will make the tax collection system more efficient and less prone to graft and corruption.” LILIA GUILLERMO — The incoming Bureau of Internal Revenue (BIR) commissioner said that she will pursue an expanded digitized tax collection for transparency and more efficiency. Guillermo, who is a former BIR Deputy Commissioner … Read more
SEC said that its online payments tool will start accepting fee payments to BIR later this year. SEC — The Securities and Exchange Commission said that its online payments tool will start accepting fee payments to the Bureau of Internal Revenue (BIR) later this year. The agency said in a report to the Department of … Read more
BIR officially introduced its online portal for taxpayers. BIR — On Tuesday, the Bureau of Internal Revenue officially introduced a new electronic system that aims to make it easier for taxpayers to register and to pay taxes online. Together with the Korea International Cooperation Agency, the agency revealed the Electronic Invoicing / Receipting System and … Read more
Incoming BIR Commissioner Lilia Guillermo: “Marami rin nakikitang citizens ang tataas ng lifestyle nila, yet kung compare mo taxes na binabayaran nila, ma-question mo rin …” LILIA GUILLERMO — As the Philippine government tries to raise collections amidst the country’s debt, the incoming Bureau of Internal Revenue (BIR) commissioner is eyeing lifestyle checks on professionals … Read more
Senator Imee Marcos said that her mother, Imelda, has yet to receive a demand letter from BIR. IMEE MARCOS — The senator said that the Marcoses have yet to receive any communication from the Bureau of Internal Revenue (BIR) demanding payment for a multi-billion-peso tax on the estate of late President Ferdinand Marcos. On Friday, … Read more