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The Bureau of Internal Revenue (BIR) is ramping up efforts to support local and foreign investors, consistent with President Ferdinand Marcos Jr.’s goal of making the Philippines a premier investment destination. This according to BIR Commissioner Romeo Lumagui Jr., who in a post on his official Facebook page revealed that he has directed “all BIR […]
The Bureau of Internal Revenue (BIR), led by Commissioner Romeo Lumagui Jr., in coordination with the National Bureau of Investigation (NBI)-Organized and Transnational Crimes Division, has cracked down on an online-enabled illicit vape operation fronting as a legitimate business, seizing 18,811 vape products and counterfeit tax stamps in Guiguinto, Bulacan. The enforcement operation, conducted on […]
There will be no sacred cows in the Bureau of Internal Revenue’s (BIR) crackdown on tax evaders, as it hailed the Department of Justice (DOJ) for filing a ₱176 million tax evasion case against Hilmarc’s Construction Corporation—one of the country’s largest government contractors—for using ghost receipts to illegally reduce its tax obligations. In a post […]