
BIR moves to scrap VAT on system loss charge
Electricity consumers could see lower power bills as the BIR moves to remove VAT from allowable system loss charges classified as government-mandated…
· 2 MIN READ
Topic
Latest Daily Tribune news and analysis on BIR tax evasion.

Electricity consumers could see lower power bills as the BIR moves to remove VAT from allowable system loss charges classified as government-mandated…
· 2 MIN READ

The Bureau of Internal Revenue (BIR) is preparing to remove the value-added tax (VAT) imposed on allowable system loss charges in electricity bills, a move…
· 2 MIN READ

BIR destroys 240,550 illicit vape products with P1.54 billion in estimated tax liabilities as officials target large-scale illegal vape distribution.
· 1 MIN READ

‘If technology can do more of that retrieval and cross-referencing, our revenue officers can spend more of their time examining what the authorities mean,…
· 2 MIN READ

· 2 MIN READ