Page 87 - Tax Code News Today

THE Bureau of Internal Revenue (BIR) said Commissioner Romeo D. Lumagui Jr. led the whole BIR in a series of raids last July 13 to 14, 2023. All Revenue Regions and the Large Taxpayers Service participated in this two-day national enforcement activity, the BIR said through a statement. “Comply with…

The function and utility of computers has changed and evolved at an exponential rate over the last several years, and will likely continue to do so, particularly as advancements like...

And americans last. we will continue to provide the answers, transparency, and accountability that americans demand and deserve. with that, i yield to the chairman, jason smith. >> thank you. we are charged with ensuring that the tax code is enforced fairly. are they the president only believes in making taxpayers pay their fair share if they dont share his last name. these two courageous whistle-blowers provided my committee with devastating testimony, showing that the government is not treatin...

IN keeping with Republic Act (RA) 11032, or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018, the Bureau of Internal Revenue (BIR) expanded the coverage of imported articles not required to secure an Authority to Release Imported Goods (ATRIG) through Revenue Memorandum Circular (RMC) 68-2023. The circular clarified that imported goods will no longer require the issuance of ATRIGs prior to release from Bureau of Customs (BoC) custody.

Commissioner Romeo D. Lumagui, Jr. of the Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 75-2023 extending the deadline for

Let’s hope Georgia’s budget writers have read their F. Scott Fitzgerald. At least, some of it.

IT is now undisputed that association dues, membership fees, and other charges collected by a condominium corporation from members are not subject to income tax and value added tax. This was the clear ruling by the Supreme Court in the First E-Bank Tower case (GR 215801). In fact, it is…

Welcome back to another hard-hitting edition of Texas Tax Roundup. Let’s see what the Texas tax world weathered the scorching month that was June 2023: Court Cases - ...

Ukrainian wine exported to 49 countries in 2022 received 37 awards at international exhibitions, at the same time, for further economic development, viticulture needs legislative changes, Minister of Agrarian Policy and Food Mykola Solsky said at a meeting with representatives of the wine market.

THE Bureau of Internal Revenue (BIR), pursuant to its powers to collect taxes, is empowered to institute criminal prosecution cases, including tax evasion cases, against erring taxpayers for criminal violations under the National Internal Revenue Code of 1997 (Tax Code).