Tag: Tax Compliance

  • BIR’s Friendly Tax Compliance Drive Reaches Over 200,000 Businesses

    The Bureau of Internal Revenue (BIR), under the leadership of Commissioner Romeo Lumagui Jr., successfully conducted a nationwide Friendly Tax Compliance Verification Drive (TCVD) from February 10 to 14. This initiative saw BIR personnel visiting more than 200,000 establishments across the Philippines to educate business owners about their tax obligations and compliance requirements. Commissioner Lumagui…

  • BIR Enhances Digital Tax Services in Cagayan de Oro

    CAGAYAN DE ORO CITY – In an effort to enhance tax compliance and streamline processes, the Bureau of Internal Revenue (BIR) is expanding its digital offerings for local businesses. Amera Samad, an assessment section officer at BIR District Office 98, announced that the agency is upgrading its eLounges to better serve taxpayers taking advantage of…

  • House Tri-Committee to Scrutinize Tax Compliance of Social Media Influencers

    The House of Representatives’ Tri-Committee is gearing up for a second hearing on Tuesday to delve into the tax compliance and financial transparency of social media influencers and vloggers. This follows their initial focus on the spread of fake news and misinformation online, which was discussed in a hearing on February 4, 2025. Bureau of…

  • Senator Gatchalian Encourages Use of Extended Estate Tax Amnesty

    Senator Sherwin Gatchalian has called on taxpayers to take advantage of the extended estate tax amnesty program, describing it as beneficial for both the public and the government. The program, extended through Republic Act 11956, allows heirs, transferees, and beneficiaries to pay estate taxes without penalties or interest until June 14, 2025. This extension, which…

  • BIR Initiates Friendly Tax Compliance Campaign to Boost Voluntary Adherence

    The Bureau of Internal Revenue (BIR) has kicked off a comprehensive campaign designed to educate taxpayers about their fiscal responsibilities and promote voluntary compliance. Named the Friendly Tax Compliance Verification Drive (TCVD), the initiative, which took place from February 10 to 14, aims to clarify tax obligations, pinpoint common compliance issues, and assist taxpayers in…

  • President Marcos Jr. Commits to Crack Down on Tax Evaders

    In a resolute statement, President Ferdinand R. Marcos Jr. has pledged to ramp up the fight against tax evasion, ensuring that those who manipulate the tax system face consequences. Speaking at the launch of the 2025 National Tax Campaign in Manila, Marcos emphasized the importance of tax compliance for the country’s growth and development. Marcos…

  • President Marcos Jr. Pledges Crackdown on Tax Evaders During National Tax Campaign Launch

    In a resolute address at the launch of the 2025 National Tax Campaign, President Ferdinand R. Marcos Jr. declared a firm stance against tax fraud, promising to hold accountable those who manipulate the tax system. The event, coinciding with National Tax Awareness Month, saw Marcos urging Filipinos to embrace their tax obligations as a crucial…