Blog Posts on bureau of internal revenue
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Entrepreneurs can now register their business online through Philippine Business Registry by I Am Jammed on Jan 27, 2012Entrepreneurs can now conveniently register their businesses online through the recently launched Philippine Business Registry (PBR). The PBR allows allows entrepreneurs avoid the hassle of enduring the long lines to government agencies when register...
Should Voluntary SSS Contributions Be Taxed? by Definitely Filipino on Dec 3, 2011Apparently, a genius from BIR came up with the idea of taxing voluntary contributions to SSS, GSIS, Pag-IBIG, and PhilHealth. Contributions subject to tax are those above the mandatory minimum contributions. This started July this year. By law, these...
BIR DOES IT AGAIN; DEFERS UNTIL 2013 ITS NEW INCOME TAX PAYMENT RULE MANDATING THE DISCLOSURE OF BANK DEPOSITS, AS AMONG SOURCES OF TAXPAYERS' INCOME by Cooperatives Philippines on Nov 29, 2011Banner headline of the Nov. 30, 2011 issue of Manila Bulletin "BIR defers tax memo; directive orders taxpayers to bare bank deposits."In short, Bureau of Internal Revenue (BIR), under its Rev. Memo Cir. No. 40-2011, is requiring taxpayers to na...
BIR performs, collections keep pace with target by iKUWADERNO.com on Nov 21, 2011Join our community now! www.talkph.net The performance of the Bureau of Internal Revenue for the month of October 2011: October 2011 Collection... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]...
Of Running and NOAH Financials by Kulit on the Run on Nov 14, 2011One of the things I like about running is how it instills and reinforces the virtue of discipline and patience in me. Fact is, I can even fully apply it to my everyday activities – may it be in family or work-life. I haven’t been able to...
'CURIOUS' TERMS AND CONDITIONS OF THE CERTIFICATE OF TAX EXEMPTION ISSUED TO A COOPERATIVE BY THE BUREAU OF INTERNAL REVENUE by Cooperatives Philippines on Oct 20, 2011The good news is that this cooperative had recently received its Certificate of Tax Exemption (CTE) from the concerned regional office of the Bureau of Internal Revenue (BIR). It now joins the privileged few who were granted the much-coveted CTE. I...
Paranaque adopting revised schedules of real property values? by Foreclosed Real Estate Philippines on Sep 13, 2011I spotted this tarpaulin along Sucat Road across Duty Free Philippines and I thought Paranaque residents might want to check this out. The tarp says a public hearing on “Adopting the revised schedule of values of real property in the City of Pa...
COOPERATIVES WHO OWN BUILDINGS AND RENT OUT COMMERCIAL SPACES CAN COMPLY WITH BIR REPORTORIAL REQUIREMENTS UP TO NOV. 2, 2011, PER BIR RR. 15-2011 by Cooperatives Philippines on Sep 3, 2011Among the other sources of income of many cooperatives is renting out the building they own, or spaces there to commercial businesses. Earlier, the Bureau of Internal Revenue (BIR) has required them, along with other firms, under BIR Rev. Reg. No.
Re-training members of the Philippine bureaucracy by New Philippine Revolution on Aug 26, 2011Ruffy Biazon as Customs chief, assisted by former General Danny Lim as deputy. Hmmm. Seems promising. A veteran marketing professional as Department of Tourism head. Hmmm. Sounds extremely interesting. These are just some of the expected thin...
ONLY SOME 4,000 COOPERATIVES, OUT OF 18,000 WHO APPLIED HAD SO FAR BEEN ISSUED CERTIFICATES OF TAX EXEMPTION BY THE BUREAU OF INTERNAL REVENUE by Cooperatives Philippines on Aug 19, 2011It seems like a sad commentary of our times. It has been more than two years now since the Cooperative Code of 2008 (R.A. 9520) took effect. And the Bureau of Internal Revenue (BIR) has so far granted only 4,000 Certificates of Tax Exemption (CTE) t...
