January 20, 2021 | 7:31 pm Font Size
The Bureau of Internal Revenue headquarters in Quezon City BW FILE PHOTO
PRESIDENT Rodrigo R. Duterte approved the request of the Department of Finance (DoF) to negotiate with the US government the terms of a grant worth $809,450 (P39 million) that will support the modernization program of the Bureau of Internal Revenue (BIR).
In a statement Wednesday, the DoF said it is planning to tap the United States Trade and Development Agency (USTDA) for the grant to support the BIR’s Information and Communications Technology (ICT) Modernization Strategy and Data Center Technical Assistance Project.
Finance Undersecretaries Antonette C. Tionko and Mark Dennis Y.C. Joven, along with BIR Deputy Commissioner Lanee C. David, have been tasked to negotiate and facilitate the application for the grant with USTDA representatives.
December 23, 2020 | 12:32 am Font Size
PHILIPPINE STAR/KRIZ-JOHN ROSALES
TAXPAYERS will have until June next year to apply for the tax amnesty program on delinquencies and the Voluntary Assessment and Payment Program (VAPP).
Bureau of Internal Revenue (BIR) Commissioner Caesar R. Dulay issued Revenue Regulations (RR) No. 32-2020 to extend the validity of the tax amnesty on delinquencies to June 30, 2021 from the previous Dec. 31, 2020 deadline.
This marked the fourth time the BIR extended the program’s deadline from the original April 23 deadline.
BIR Deputy Commissioner for Operations Arnel SD. Guballa told
BusinessWorld in a text message that the tax amnesty program on delinquencies generated P3.544 billion in revenues since the program began in April 2019.
DoF expects P2 4 billion in collectibles from undervaluation of rice imports bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.