BIR issued RMC 120-2020 clarifying the tax exemption of private sector employees retiring early. The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) 120-2020 clarifying the tax exemption of employees in the private sector who were retiring early. This, as the retirement benefits received by an employee from a private firm who decided … Read more
BIR warned the public against doubtful personalities distributing fake surety bonds The Bureau of Internal Revenue (BIR) had warned the public against doubtful personalities posing as public officers distributing fake surety bonds. This, as BIR Commissioner Caesar Dulay issued the said warning after receiving an advisory from the Philippine Deposit Insurance Corp. (PDIC) regarding the … Read more
BIR released its strict tax guidelines for Philippine Offshore Gaming Operations The Bureau of Internal Revenue (BIR) released its strict tax guidelines for Philippine Offshore Gaming Operations (POGOs) in the payment of appropriate franchise and other taxes. This, as the Bureau of Internal Revenue issued Revenue Regulations No. 30-2020 requiring online business to remit to … Read more
BIR wanted barangay officials to help field officers in serving notifications to taxpayers. The Bureau of Internal Revenue (BIR) issued an order instructing field officers to bring along barangay officials in serving notifications to taxpayers. This, as BIR Commissioner Caesar Dulay issued Revenue Memorandum Circular (RMC) 110-2020 in order to ensure the collection of deficiency … Read more
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
