We have seen great leaps of changes from the Bureau of Internal Revenue (BIR) in improving our tax return filing system during the last several years. This started from the change in physical layouts ...

The Philippine Tax Whiz discusses Revenue Memorandum Circular 51-2024 and Bank Bulletin 2024-01 of the BIR which indicate the newest guidelines on annual income tax returns for calendar year 2023 The ...

Presently, the common practice of the majority of taxpayers in accomplishing their respective tax returns is to manually fill out the blank spaces on printed Bureau of Internal Revenue (BIR) forms.

The Bureau of Internal Revenue (BIR) has provided for other modes of obtaining the offline eBIRForms package, the downloadable program required in filing income-tax returns (ITRs) electronically as ...

In the last four years, two major tax reform measures — the TRAIN Act and the CREATE Act — have been signed into law. TRAIN entered the statute books in December 2017 and CREATE in March 2021. The ...

MANILA, Philippines–The Bureau of Internal Revenue will slap a fine, on top of other penalties, on taxpayers who will fail to file their returns using the mandatory electronic forms. According to ...

DESPITE appeals from a number of taxpayers, industry groups and lawmakers to postpone the electronic filing of income tax returns (ITRs) or defer penalties to be slapped on noncompliance, Revenue ...

“To improve is to change; to be perfect is to change often,” said Winston Churchill. The government has been proving this adage to be true, especially with the significant regulatory updates to ...

Make this your preferred source to get more updates from this publisher on Google. A few days before the deadline of the Bureau of Internal Revenue for filing income tax returns, many taxpayers have ...

Make this your preferred source to get more updates from this publisher on Google. The Bureau of Internal Revenue's (BIR's) electronic system isn't as democratically accessible as BIR Commissioner Kim ...