Tag: BIR

BIR to Impose Two-Tier Excise Tax on Vape Products to Curb Misdeclaration

Bombo Radyo Cauayan - October 7, 2024

The Bureau of Internal Revenue (BIR) is set to implement a two-tier excise tax on vape products to address the issue of product misdeclaration. BIR...

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BIR to Implement Revenue Regulation for Foreign Digital Services on VAT Compliance

Bombo Newscenter - October 2, 2024

The Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui has announced the upcoming release of a revenue regulation that mandates foreign digital services to...

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BIR Eases Concerns on Digital Service Price Increases as 12% VAT Law Takes Effect

Bombo Newscenter - October 2, 2024

Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. has addressed consumer concerns about potential price increases following the enactment of the 12% Value-Added...

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Over ₱200-M Worth of Smuggled Cigarettes Seized in Joint CIDG and BIR Operation

Bombo Radyo News - September 18, 2024

Authorities have seized smuggled cigarettes worth more than ₱200 million in a joint operation conducted by the Philippine National Police-Criminal Investigation and Detection Group...

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PCUP and BIR Ink Partnership to Expedite Donor Tax Exemptions

Bombo Radyo News - September 16, 2024

Staying true to its mandate as a direct link between the urban poor and the government, the Presidential Commission for the Urban Poor (PCUP)...

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Holistic Strategy Needed to Completely Eliminate POGOs by Year-End – Gatchalian

Bombo Radyo News - September 15, 2024

Senator Sherwin Gatchalian emphasized the need for a holistic approach to effectively carry out President Ferdinand Marcos Jr.'s directive to ban all Philippine Offshore...