Tag: abatement program

Categories
Government

BIR EYES ABATEMENT PROGRAM EXPANSION

Four months after the One-Time Abatement Program for Micro Taxpayers was established, the Bureau of Internal Revenue (BIR) has recorded 3,929 beneficiaries and P266.79 million in taxes and penalties abated.  The results have led the Bureau to study expanding the program to include small taxpayers. Commissioner Charlito Martin Mendoza said the level of availment shows […]

Categories
Government

BIR OPENS TAX ABATEMENT FOR MICRO TAXPAYERS

The Bureau of Internal Revenue (BIR) has opened a one-time tax abatement program for micro taxpayers, offering micro businesses and stop-filers an opportunity to resolve outstanding tax liabilities, clean up their records, and start with a clean slate. Through Revenue Regulations No. 4-2026, the BIR prescribes the guidelines and procedures for the availment of a […]