DOF Says BIR To Strengthen Tax Regulations As Fintech Usage Grows


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

BIR Encourages Fintech Companies To Register, Pay Taxes


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 Says Non-Filing Of ITR Different From Tax Evasion

Bongbong Marcos

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