Bold reforms implemented by the Bureau of Internal Revenue under the leadership of Commissioner Romeo D. Lumagui, Jr. have driven the agency’s record-breaking revenue collection in recent years.
THE Bureau of Internal Revenue (BIR) has ruled to exempt from taxation the transfer of assets and the issuance and transfer of securities. Signed by Finance Secretary Ralph G. Recto, Revenue ...
AFTER declaring a remarkable feat in its tax collection drive for 2024, the Bureau of Internal Revenue (BIR) is all too aware of the challenges it faces in raising revenues for the government this ...
THE Bureau of Internal Revenue (BIR) said a tax exemption on secondary trade and transfers of asset-backed securities (ABS) has taken effect. “The sale or transfer of assets to the SPE (Special ...
The V.I. Bureau of Internal Revenue is claiming that businessman and philanthropist William O. Perkins III owes nearly $4 million in taxes for 2020, after paying Perkins a $1.34 million ...