BIR abatement program draws 6,234 applications
The BIR has approved 5,000 applications under its micro taxpayer abatement program, covering P84.51 million in tax liabilities and penalties.
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Topic
BIR VAT system loss charge
Latest Daily Tribune news and analysis on BIR VAT system loss charge.
BIR month-long nationwide crackdown nets billions
The BIR seized illicit vape products and uncovered P1.54 billion in estimated tax liability during a nationwide crackdown on tax violations and noncompliant…
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BIR removes vat from system loss charge
‘For consumers, the practical effect is straightforward: Once the new rules become effective, VAT will no longer be imposed on the allowable system loss…
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BIR removes VAT on system loss charge
The BIR has removed VAT on the allowable system loss charge within the ERC-approved cap, a move expected to lower covered electricity charges for consumers.
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BIR clarifies VAT refunds for export firms
Qualified export-oriented enterprises may claim refunds for VAT incurred while awaiting zero-rating certification, provided they met the 70-percent export…
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BIR clarifies VAT refunds for export firms
The BIR clarified VAT refund eligibility for export-oriented enterprises during the transition to the new zero-rating certification system.
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BIR, IMF push data-driven tax compliance
The BIR and IMF are strengthening the Philippines’ tax compliance system through data-driven risk management, focusing on high-risk sectors and improving…
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BIR, IMF push data-driven tax compliance
The Bureau of Internal Revenue (BIR) and the International Monetary Fund (IMF) are working to strengthen the agency’s Compliance Risk Management (CRM) system…
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BIR allows exporters in transition VAT refunds
The BIR clarified that qualified export-oriented enterprises may claim VAT refunds for eligible purchases and importations incurred while awaiting zero-rating…
· 1 MIN READ
BIR allows VAT refunds for exporters in transition
The BIR clarified that qualified export-oriented enterprises may claim VAT refunds on eligible purchases and imports made while awaiting zero-rating…
· 2 MIN READ