The BIR will strengthen tex regulations as fintech usage grows, according to DOF. DOF — The Department of Finance said on Friday that the Bureau of Internal Revenue (BIR) will strengthen tax regulations for the financial technology (fintech) industry as online transactions continued to gain traction during the pandemic. Revenue Deputy Commissioner Marissa Cabreros recently … Read more
The BIR encouraged fintech companies to register and pay taxes. BIR — The Bureau of Internal Revenue encouraged financial technology (fintech) companies to register and pay their taxes in order to avoid tax evasion charges. BIR Commissioner Caesar R. Dulay recently made the appeal following reports that many of those financial technology companies have yet … Read more
Bongbong Marcos camp said that the non-filing of ITR was different from tax evasion. On Thursday, the camp of presidential aspirant Ferdinand “Bongbong” Marcos Jr said that the non-filing of income tax returns (ITR) was different from tax evasion. Lawyer Victor Rodriguez, the spokesperson for Bongbong Marcos, explained in an interview on CNN Philippines that … Read more
Rappler’s Maria Ressa Pleads “Not Guilty” To Tax Evasion Cases Against Her RAPPLER’S MARIA RESSA – The chief executive officer (CEO) of news website Rappler pleaded “not guilty” to tax evasion charges filed against her. It is no secret to the public that Maria Ressa is facing a lot of charges now. It was just … Read more