Ease of Paying Taxes Act signed into law
President Ferdinand Marcos Jr. authorized the Ease of Paying Taxes Act, Republic Act 11976, to help the economy and safeguard tax payers. Labeled a key goal by Marcos’ government, the fresh …
tax
Alleged deaf-mute man with fake PH passport intercepted – BI
A man claiming to be deaf-mute was intercepted by immigration officers today at the Ninoy Aquino International Airport (NAIA) Terminal 3. The man, identified as Sengaloun Phimpa, was stopped after …
Instant noodles safe from tax hike on salty foods
Finance Secretary Benjamin Diokno announced that instant noodles are not included among the salty or high sodium content foods that will be subject to a higher tax. “If you’re thinking …
Sen. Robin Padilla wants higher tax on foreign series, movies
Senator Robin Padilla recommended increasing the tax for movies and teleseryes from abroad. In the budget deliberation of the Film Development Council of the Philippines, Padilla said that Filipino films …
Incoming BIR chief will ask Marcos Jr. to lead in paying taxes
Incoming Bureau of Internal Revenue (BIR) chief Lilia Guillermo will ask President-elect Ferdinand “Bongbong” Marcos Jr. if he can be a role model in paying taxes. This is related to …
Marcos family yet to receive BIR’s demand letter – Imee
Senator Imee Marcos announced on Friday that their family has not yet received the alleged letter from the Bureau of Internal Revenue (BIR) to collect multi-billion-peso estate tax from her …
Carpio wants BIR to charge Marcos family over unpaid P203-B estate tax
Senior Associate Justice Antonio Carpio, a retired Supreme Court (SC) justice, called on the Bureau of Internal Revenue (BIR) to file criminal charges against the Marcos family for “willfully” refusing …
BIR demands Marcos family to pay tax debts
The Bureau of Internal Revenue (BIR) announced that they sent a demand letter last year to the family of the late former President Ferdinand Marcos regarding their tax debt amounting …
Civic leaders want Bongbong Marcos disqualified for 2022 race
Some civic leaders have canceled the certificate of candidacy (COC) of presidential aspirant Ferdinand “Bongbong” Marcos Jr. because he allegedly lied that he was qualified to run even though he …
BIR looking into taxes of 250 social media influencers
The Bureau of Internal Revenue (BIR) said it has already begun peeking at the taxes paid by 250 social media influencers whom they consider “top earners.” Based on the BIR …
Report social media influencer evading taxes, get P1-M reward from BIR
Former Bureau of Internal Revenue (BIR) examiner Mon Abrea said Monday anyone who will report a social media influencer avoiding paying taxes could get a P1 million cash reward from …
BIR: Vlogger couple deletes socmed accounts to avoid paying taxes
The Bureau of Internal Revenue (BIR) said a couple vlogger who was earning millions suddenly deleted their social media account in an attempt to avoid paying taxes. According to BIR’s …
Axie Infinity players must pay tax – DOF
The Department of Finance said those earning from playing online play-to-earn games, such as Axie Infinity, must pay tax. According to Finance Undersecretary Antonette C. Tiono, earnings from gaming platforms …
Cayetano’s bill to clarify tax issues of POGOs
Senator Pia Cayetano explained that under her proposal, the taxation of gaming-related and non-gaming-related activities of POGOs and service providers will be clarified, which will be covered by the 25% …
Bicam committee signs CREATE Bill
The bicameral conference committee has already signed the proposed Corporate Recovery and Tax Incentives for Enterprises Bill or CREATE. Under CREATE, the corporate income tax will be reduced from 30 …
Imposing taxes on online sabong approved by House panel
The House Committee on Ways and Means on Tuesday approved a bill aiming to impose new taxes on legal online sabong (cockfight) and other legally-operated electronic betting activities. Joey Salceda, …
BIR requires online filmmakers, bloggers to register
Bloggers and filmmakers earning from online advertisements are required by the Bureau of Internal Revenue (BIR) to register. BIR released the list of online business owners and merchants that are …
Senate approves higher tax for “sin” products
The Senate has already approved the third and final reading of the bill to increase tax of “sin” products such as alcohol, heated tobacco products, and vapor cigarettes. Twenty senators …