The Bureau of Internal Revenue (BIR) launched its Mobile Taxpayer Identification Number (TIN) Verifier app allowing taxpayers validate their TINs by simply typing relevant information on their smartphones. In a statement, BIR Deputy Commissioner Arnel Guballa said the mobile application is avai
BIR wants POGOs, other businesses suspended over failure to file tax returns By ERWIN COLCOL, GMA News
Published March 4, 2021 8:41pm The Bureau of Internal Revenue (BIR) has proposed the suspension or temporary closure of Philippine Offshore Gaming Operators (POGOs) and business establishments that will not file their income tax return or underdeclare their sales or revenues. BIR Deputy Commissioner Arnel Guballa made the suggestion on Thursday as the Senate ways and means panel tackled proposals to impose taxes on POGOs. In his presentation, Guballa said the BIR endorses the passage of a measure taxing POGO licensees or operators and foreign nationals employed by POGO entities, amending Sections 22, 25, and 119 of the National Internal Revenue Code (NIRC).
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Published March 1, 2021, 6:30 AM
Tax collections from tobacco products increased by nearly three-fourths as of mid-February this year after one cigarette manufacturer commenced the operation of its new facility in Batangas, the Bureau of Internal Revenue (BIR) said.
In a statement, BIR Deputy Commissioner Arnel Guballa reported to Finance Secretary Carlos G. Dominguez III that tobacco excise tax collections reached P29.1 billion as of Feb. 18, 2020, higher by 73 percent compared with P16.77 billion in the same period last year.
Bureau of Internal Revenue (BIR)(MANILA BULLETIN)
“Noticeably, we have a big increase in the collection of tobacco excises because JTI [Japan Tobacco International] opened its plant in Lima, Batangas,” Guballa told Dominguez during a recent meeting.
BIR exceeds tobacco excise tax collection target in February
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Metro Manila (CNN Philippines, February 28) Excise tax collections from tobacco increased by more than twofold, exceeding the Bureau of Internal Revenue s February target.
The BIR citing preliminary data covering February 1 to February 18 said tax collections from tobacco surged by 110% to ₱17.57 billion from the ₱8.37 billion it collected a year earlier.
It already surpassed its collection target by 4.28% after Japan Tobacco International (JTI) Philippines Inc. paid taxes amounting ₱10.94 billion, 108% higher than the ₱5.25 billion it paid last month.
According to the BIR, JTI Philippines overtook Philip Morris Fortune Tobacco Co. as the top tobacco excise taxpayer as the former s remittance accounted for 63% of the total collection in the period.