BIR – Page 2 – Maniolas

Simpler tax administration that matters to all taxpayers

Economy

Apr 172017

The tax season is over and almost all taxpayers who were able to file within the deadline yesterday, April 17, are now wondering what’s next in the pipeline of the Bureau of Internal Revenue (BIR) in so far as tax reforms are concerned. A welcome development has come in the BIR’s pursuit of a simplified tax administration system. On April 5, the BIR issued a memorandum for business taxpayers claiming income tax exemption under the Barangay Micro-Business Enterprise (BMBE) Act of 2002 (Republic Act No. 9178). Under the law, all BMBEs are exempt from income tax for income arising from the operation of the enterprise.’

BIR regions ordered to file one tax evasion case a month

Economy

Feb 232017

THE Bureau of Internal Revenue (BIR) said it has set its regional offices a quota of one case a month filed against tax law violators in order to assure the public that the agency is doing its job.

Alvarez files another bill to exempt BIR from Salary Standardization Law

Economy

Feb 172017

HOUSE Speaker Pantaleon D. Alvarez has filed his own version of a bill seeking to remove the Bureau of Internal Revenue from the coverage of Salary Standardization Law in order to allow the agency to formulate its own compensation and position classification system.

House bill filed to exempt BIR from government salary rules

Economy

Feb 142017

A PROPOSAL to exempt the Bureau of Internal Revenue (BIR) from the Salary Standardization Law to help address the agency’s underperformance against revenue targets has been filed in the House of Representatives.

BIR hopes to beat target with hiring push

Economy

Feb 132017

THE Bureau of Internal Revenue (BIR) said its collection target is within reach this year if it wins an exemption from government salary rules, which it is counting on to help attract higher-quality staff.

Dominguez: Improving governance at BIR, Customs won’t be enough

Economy

Feb 122017

FINANCE Secretary Carlos G. Dominguez III said calls to improve tax administration in lieu of new taxes will not yield sufficient gains to fund the government’s aggressive spending program as the revenue-generating bureaus were already close to hitting their targets in 2016.

BIR needs P15 billion to make salaries competitive

Economy

Feb 022017

THE GOVERNMENT’S revenue collecting agency said that it needs a P15-billion annual budget to raise its compensation package, as it moves to “professionalize” the bureau with an exemption from the Salary Standardization Law (SSL).

Tobacco smuggling, fake stamps weigh on collections for sin tax

Economy

Jan 312017

SMUGGLING and counterfeit tobacco tax stamps reduced the Bureau of Internal Revenue’s (BIR) revenue tobacco excise tax in 2016, according to a senior BIR official, citing preliminary data.

BIR seeks exemption from salary standardization

Economy

Jan 242017

THE Bureau of Internal Revenue (BIR) has submitted a proposal to Congress seeking the bureau’s exemption from the Salary Standardization Law, as a measure to help address the agency’s underperformance against revenue targets.

Hope in pending VAT claims

Economy

Jan 232017

It is usual in the Philippines that the same tax law provision has been interpreted and implemented differently by different Commissioners of Internal Revenue (CIR). This is the case of the value-added tax (VAT) claim processing. Section 112 of the Tax Code provides that a taxpayer claiming excess input VAT for refund or tax credit must file the claim with the Bureau of Internal Revenue (BIR) within two years of the close of the taxable quarter during which the sales were made. In case of full or partial denial of the claim or failure of the BIR to act on it within a period of 120 days from receipt of the claim, a taxpayer may elevate its claim to the Court of Tax Appeals (CTA) within 30 days from receipt of the decision or upon expiration of the 120-day period.

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