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There will be no sacred cows in the Bureau of Internal Revenue’s (BIR) crackdown on tax evaders, as it hailed the Department of Justice (DOJ) for filing a ₱176 million tax evasion case against Hilmarc’s Construction Corporation—one of the country’s largest government contractors—for using ghost receipts to illegally reduce its tax obligations. In a post […]
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 […]
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 […]