BIR confiscates P1.2B worth of counterfeit cigarettes, tax stamps

Raids conducted by the Bureau of Internal Revenue’s (BIR) “strike team” against the illicit trade of cigarettes have already yielded over P1.2 billion in counterfeit sticks and fake tax stamps at a time when the government needed more revenues to finance its COVID-19 response. BIR Deputy Commissioner Arnel S.D. Guballa told the Inquirer they confiscated […]

BIR extends online trade registration to Aug. 31

The Bureau of Internal Revenue (BIR) has given online businesses one more month, or until Aug. 31, to register without penalty as movement restrictions remained in place despite a less-stringent COVID-19 community quarantine. The original cutoff date was July 31 or...