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A few weeks ago, I attended a meeting where it was discussed that Bureau of Internal Revenue (BIR) rulings are no longer published.
Change is inevitable, and whether we like it or not, we have to adapt and learn to handle changes that come our way.
A lot has been going on with respect to tax reform. Some tax rates are proposed for adjustment, while some tax exemptions face removal, among other expected changes.
Since the passage of Republic Act (RA) 10754, An Act Expanding the Benefits and Privileges
Can the Bureau of Internal Revenue (BIR) issue an assessment even after the lapse of the three-year prescriptive
The tax season is over and almost all taxpayers who were able to fi le within the deadline yesterday, April 17, are now wondering what’s next in the pipeline of the Bureau of Internal Revenue
This Lenten season we are once again reminded of various biblical and historical accounts about Jesus of Nazareth (4 B.C. -- 30 A.D.), the central figure of Christianity. Probably the most notable thing about him is his fondness for the company of tax collectors. From the tax collectors of the past to the Bureau of Internal Revenue (BIR) of the present, the tax man has been stereotyped and has received more than his share of contempt, and even ridicule.
Have plans for the Holy Week? For individual and corporate taxpayers with an accounting year ending Dec. 31, plans for this upcoming Lenten season should include the preparation of the annual income tax filing. Why? Because this year’s due date falls on April 17th (since April 15th falls on Black Saturday which is a holiday). The timing can be a hassle considering that it is right after the holidays.
