BIR eases tax rules for Pogos to pay, resume operations

The Bureau of Internal Revenue (BIR) has eased some of the tax requirements for Philippine offshore gaming operators (Pogos) to resume operations under a less restrictive COVID-19 community quarantine. Internal Revenue Commissioner Caesar R. Dulay issued a memo, dated May 25 yet but posted on the BIR website only on Friday (July 3), listing down […]

BIR, BOC collection up in June, but below targets

Revenue collection by the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) improved in June but their six-month take was still lower year-on-year and below target due largely to the COVID-19 pandemic. Initial Department of Finance (DOF) data released on...

BIR extends tax amnesty deadline to Dec. 31

MANILA, Philippines — The Bureau of Internal Revenue (BIR) has further extended the ongoing tax amnesty on delinquencies until Dec. 31, giving more time for taxpayers to settle their liabilities from the years 2017 and earlier. The BIR on Saturday published Revenue...

BIR, Customs collections down 24.8% in 5 months

No thanks to a COVID-19-induced recession, tax collections declined by almost a fourth year-on-year to P874.9 billion as of end-May, the Department of Finance (DOF) said on Friday. In a statement, the DOF said the taxes collected by the Bureau of Customs (BOC) and...