Venture Capital Funding
Although enhanced community quarantine (ECQ) has been extended but modified for another 15 days in COVID-19 hot spots, the Bureau of Internal Revenue (BIR) will no longer push back tax…
As some stores selling essential goods ran out of official receipts during enhanced community quarantine (ECQ), the Bureau of Internal Revenue (BIR) has allowed the use of temporary invoices. Internal…
MANILA, Philippines — While the government has already required Philippine offshore gaming operators (POGOs) to first pay all of their tax dues before resuming operations during quarantine, compliance to the…
The Bureau of Internal Revenue main office in Quezon City. (Philippine Daily Inquirer) MANILA, Philippines–With the community quarantine again extended in some areas until May 15, the Bureau of Internal…
MANILA, Philippines – The Bureau of Internal Revenue’s (BIR) 2020 tax-collection target has been downscaled to P2.26 trillion in consideration of the COVID-19 pandemic’s impact on the economy. Revenue Memorandum…
The Bureau of Internal Revenue (BIR) has further extended until May 30 the deadline to file and pay 2019 income tax returns (ITRs) after the government pushed back the lifting…
Donations in cash and in kind in response to the COVID-19 pandemic are exempt from donor’s tax and can be deducted from the taxable gross income of companies and individuals.…
MANILA, Philippines — Donations in response to the COVID-19 pandemic will not only be exempt from donor’s tax but also deducted from companies and individuals’ gross income subjected to tax.…
The Bureau of Internal Revenue (BIR) is moving forward tax deadlines that it had already extended to match the extension of the Luzon-wide lockdown against the COVID-19 pandemic to April…
The Bureau of Internal Revenue (BIR) has shuttered in Pampanga an illegal manufacturer of cigarettes supposed to be exported to Malaysia, the Department of Finance (DOF) said. In a statement…
WhatsApp us