The Bureau of Internal Revenue (BIR) issued RMC 89-2016 lifting the suspension of audit for RATE cases in late August. Can you please discuss what is RATE and its difference with the regular audit ...

FOR seven consecutive months this year, the Bureau of Internal Revenue (BIR), under the leadership of Commissioner Romeo D. Lumagui Jr., has achieved a 100-percent resolution rate and a 100 ...

The Filipino online gig economy is no longer just booming; it has become a full-blown explosion. From seasoned professionals to fresh graduates, an increasing number of Filipinos are skillfully ...

In January, the BIR already issued the RRs for the increase in excise taxes on minerals, cigarettes, and vehicles as well as documentary stamp tax rates under the TRAIN Law. As for RR 8-2018 ...

What is its purpose? Unlike the other programs of the BIR which are designed for revenue generating purposes as a means to achieve the bureau’s collection goal, the RATE program seeks to ...

MANILA, Philippines — The Bureau of Internal Revenue has put on hold a tax rate hike on private schools ... the Department of Finance to suspend the BIR policy as they tackle the proposed ...

The Bureau of Internal Revenue (BIR) has given assurance that the Philippines will honor its tax-treaty commitments granting preferential tax rates to foreign corporations, but clarified that ...

BIR Commissioner Kim Henares said the BIR has started drafting the revenue memorandum circular (RMC) requiring the posting of rates and would release the circular soon. “We will be issuing the ...

MANILA, Philippines – To shore up collections from the two-tier excise tax on vapes, the Bureau of Internal Revenue (BIR) is studying how to slap the higher rate by default unless vape ...