Categories
Government

CIGARETTE FACTORY FACES ₱8.5B TAX EVASION CASE

The Bureau of Internal Revenue (BIR) has filed an ₱8.5 billion tax evasion case against individuals behind an illicit cigarette factory and three warehouses raided in Bulacan and Valenzuela, marking the largest enforcement operation against illegal cigarettes in 2024.  In a post on the official BIR Facebook page, BIR Commissioner Romeo Lumagui Jr. revealed that […]

Categories
Politics

SENATE APPROVES TAX AMNESTY BILL – ANGARA

A one-time opportunity to settle tax obligations that would include estate taxes, general taxes and delinquent accounts will soon be granted to those who have failed to pay for taxable year 2017 and prior years. Senate Bill No. 2059, otherwise known as “An act enhancing revenue administration and collection, and broadening the tax base by […]