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BIR now allow monthly filing of VAT

The Bureau of Internal Revenue (BIR) has issued a memorandum circular allowing the monthly filing and payment of value-added tax (VAT). To recall, Republic Act...

BIR achieves January-April revenue target

The Bureau of Internal Revenue (BIR) achieved its collection goal for January to April this year. In a statement on Wednesday, BIR Commissioner Romeo Lumagui...

Marcos orders abolition of DOF’s One-Stop-Shop Center

  President Ferdinand R. Marcos Jr. has ordered the abolition of the Department of Finance’s One-Stop-Shop Inter-Agency Tax Credit and Duty Drawback Center (OSS Center)...

BIR implements grant of 10% discount and VAT exemption to Solo...

  The Bureau of Internal Revenue (BIR), under the leadership of Commissioner Romeo D. Lumagui, Jr., has issued Revenue Regulations (RR) No. 1-2023 on January...

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