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BIR says list of penalties for violating fuel marking rules highlights TRAIN changes
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House panel hopes to pass tax bill for private schools by end of Q3
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BIR starts enforcing 12% VAT on exporters, citing TRAIN law
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BusinessWorld
May 28, 2021 | 12:32 am
By
Reporter
THE BUREAU of Internal Revenue (BIR) has started to monitor the tax compliance of online leasing platforms such as Airbnb, top officials said.
âWe are checking and validating Airbnb tax payments and compliance,â BIR Deputy Commissioner Arnel SD. Guballa told
BusinessWorld in a Viber message on Thursday, without disclosing further details.
House Ways and Means Chair and Albay Rep. Jose Maria Clemente S. Salceda said the BIR is already imposing taxes on online leasing platforms but âhad difficulties with enforcing the regulations.â
âAirbnb itself said in 2019 that they want to contribute revenues. Iâll keep working with the BIR to find a satisfactory way to enforce the law on them,â Mr. Salceda, who also authored a bill on digital taxes, said on Thursday.
BusinessWorld
May 5, 2021 | 12:34 am
WWW.DOF.GOV.PH
THE DEPARTMENT of Finance (DoF) and the Bureau of Internal Revenue (BIR) expressed support for the two-year extension of the estate tax amnesty, citing difficulties in implementation and below-target revenues amid the pandemic.
Finance Undersecretary Antonette C. Tionko said the DoF does not object to the extension of the estate tax amnesty, which is set to expire on June 15.
“So we recognize that there have been difficulties in the implementation of the amnesty and the revenue that we expected has not been collected because precisely of some technicalities in the implementation,” she told a Senate Ways and Means committee hearing.