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Top News In Bir Jul Today - Breaking & Trending Today

2 BIR employees arrested for P3 million extortion

Two Bureau of Internal Revenue employees and two alleged accomplices were caught in a sting in Caloocan City on Tuesday for allegedly extorting P3 million from a business owner. ....

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Clarifications on taxation of equity-based compensation

When the Bureau of Internal Revenue issued Revenue Regulations 13-2022, entitled “Income Tax Treatment of Equity-Based Compensation”, it came as a surprise to some employers, specifically those who treat the equity-based compensation of their employees as fringe benefits. ....

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BIR sets new floor price for vape products

The Bureau of Internal Revenue, the country’s biggest revenue generating agency, has issued new tax guidelines and set floor prices for vaporized nicotine and non-nicotine products and novel tobacco products. ....

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