BIR Speaks on Exemption of Carlos Yulo from Taxes on Rewards for Olympic Wins CARLOS YULO – The Bureau of Internal Revenue (BIR) clarified that the Paris Olympics double gold medalist is exempted from taxes for the rewards he received. The Olympic double gold win of Caloy has undeniably changed his life. It did not … Read more
NBI Arrest BIR Official for Asking ‘Padulas’ From Victims The authorities arrested a BIR official during an entrapment operation for allegedly asking ‘Padulas’ from victims to reduce their tax. The National Bureau of Investigation – Western Mindanao Regional Office (NBI-WEMRO) arrested an official from the Bureau of Internal Revenue (BIR) for allegedly extorting money from … Read more
Mayor, Ex-Treasurer in Samar Town Convicted with Graft for Non-Remittance of Tax Samar town Mayor and a former treasurer were convicted of graft for not remitting to the Bureau of Internal Revenue (BIR) the tax liabilities due. In the graft case, the Sandiganbayan found Mayor Arnold B. Abalos of San Sebastian, Samar, and his former treasurer … Read more
BIR Wants Online Services Including Media Streamers & Online Sellers to Pay Income Tax The Bureau of Internal Revenue is planning to tax online services such as media streaming platforms and online sellers. On Wednesday (June 17, 2020), a BIR official said that the tax bureau is planning to tax big online merchants and media … Read more
Online Sellers Earning P250k Below Annually are Exempted from the New Tax Memo ONLINE SELLERS – earning at least P250,000 and below are now exempted from the Tax issued by the BIR, Malacañang on Thursday said. Malacañang Palace has made it clear that online sellers of less than P250,000 will not be taxed annually, the … Read more
BIR Requires Online Sellers, Freelancers to Pay Tax, Register Business The Bureau of Internal Revenue (BIR) requires online sellers and freelancers to pay taxes and register as e-commerce boom amid pandemic. In its Revenue Memorandum Circular No. 60-2020, dated June 1, entrepreneurs using digital platforms for their business are now required to pay taxes. Those … Read more
Additional Tax on Video Streaming, Digital Economy is Being Push in Senate Sen. Ramon “Bong” Revilla filed a resolution to the Senate for collecting additional tax on video streaming and the digital economy. The lawmaker filed a Senate Resolution No. 410 day after Albay Representative Joel Salceda proposed the collecting of a tax on streaming … Read more
BIR had accused Richard Gutierrez and his company in the alleged of not paying correct taxes. BIR – Bureau Internal Revenue had accused Richard Gutierrez and his company RGUTZ Productions Company, for him and his firm who allegedly did not pay the rightful taxes. In the report of ABS-CBN News, the BIR said in a … Read more
Lucio Tan Slammed By President Duterte Over Tax Evasion President Rodrigo Duterte has slammed Lucio Tan, as one of the richest Filipinos over tax evasion amounting of P30 billion. Mr. Duterte had his state visit in Qatar and had his speech in front of Filipino community. During his speech, he revealed that one of the richest … Read more
President Accused Owners Of Philippine Daily Inquirer Of Not Paying Taxes President Rodrigo Duterte accused the owners of Philippine Daily Inquirer were not paying their taxes properly on the previous administration. Previously, Mr. Duterte releases distasteful remarks against the Philippine Daily Inquirer for alleged feeding the public with garbage news. He also said that Prietos … Read more