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BIR continues to miss collection target

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Collections of the Bureau of Internal Revenue (BIR) in March rose by nearly a tenth from a year ago but still fell short of the government’s goal despite aggressive campaigns against tax evaders. INQUIRER PHOTO / RICHARD A. REYES

Collections of the Bureau of Internal Revenue (BIR) in March rose by nearly a tenth from a year ago but still fell short of the government’s goal despite aggressive campaigns against tax evaders.

Posted: April 16th, 2014 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

Professionals ordered to disclose rates

The government has blinked on rules aimed at improving the tax compliance of self-employed professionals, such as lawyers and doctors, amid controversies over their portrayal as tax cheats in state-funded shame campaigns.

Posted: March 22nd, 2014 in Headlines | Read More »

Too little time for tax assessment, BIR told

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Various business groups have called on the Bureau of Internal Revenue (BIR) to ease a recent government order that shortens the time for tax assessments on businesses, claiming that the rule may erode taxpayers’ right to due process.

Posted: March 22nd, 2014 in Headlines | Read More »

BIR sets tighter monitoring of cigarette firm

Bureau of Internal Revenue building. INQUIRER FILE PHOTO

The Bureau of Internal Revenue (BIR) has ordered a 24-hour monitoring of a Bulacan-based cigarette maker to ensure collection of proper taxes.

Posted: March 12th, 2014 in Latest Business Stories | Read More »

Effective ‘shame’ campaign

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The advertisements the Bureau of Internal Revenue put out this week in some broadsheets accomplished their objective—they raised public awareness about the need to pay the right taxes.

Posted: March 7th, 2014 in Columnists,Inquirer Columns | Read More »

BIR to probe VAT payments of firms

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Bureau of Internal Revenue building. INQUIRER FILE PHOTO

The Bureau of Internal Revenue has been tasked to zero in on the value-added tax payments of large corporations as the weak collections in 2013 indicated that the VAT could be the most evaded tax.

Posted: March 3rd, 2014 in Editor's Pick,Headlines | Read More »

BIR tasked to collect P2T by ’15 to fund projects

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The Bureau of Internal Revenue is tasked to collect P2 trillion every year starting 2015, as the government is pressed to spend more on infrastructure and social services to combat poverty.

Posted: March 1st, 2014 in Headlines | Read More »

BIR to audit real estate, construction companies

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AP FILE PHOTO

The Bureau of Internal Revenue has been tasked to conduct an audit of real estate and construction companies as weak tax collection from this sector elicited suspicions of rampant tax evasion.

Posted: February 27th, 2014 in Latest Business Stories | Read More »

Tax me notch

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Early this year, the Aquino (Part II) administration boasted about some minor “improvement” in its tax effort, noting that revenue hit 13.4 percent of the GDP last year, versus the target of 13.5 percent.

Posted: February 27th, 2014 in Columnists,Inquirer Columns | Read More »

Customs’ postaudit team abolished

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Finance Secretary Cesar Purisima: Public sector debt has become more and more manageable. INQUIRER FILE PHOTO

Trying to put teeth to what has been a futile antismuggling drive, the Department of Finance issued two regulations subjecting importers to stringent accreditation and evaluation procedures before and after they transact with the Bureau of Customs.

Posted: February 9th, 2014 in Editor's Pick,Headlines | Read More »

Exercise tax

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There is a call in Congress for a review of the “sin tax” law, or RA 10351, imposed on cigarettes and liquor, signed into law by our dear leader Benigno Simeon (aka BS) in December 2012, in effect for just about a year now.

Posted: February 6th, 2014 in Columnists,Inquirer Columns | Read More »

BIR seeks faster action on tax cases

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Internal Revenue Commissioner Kim Henares. INQUIRER FILE PHOTO

The Bureau of Internal Revenue has called for a speedy resolution of the cases it filed with the Department of Justice amid views that the slow progress of the cases was dragging the government’s anti-tax evasion drive.

Posted: January 17th, 2014 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

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