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Solon urges BIR to allow OFWs to register TIN online - Vimarsana News

Solon urges BIR to allow OFWs to register TIN online

Albay Rep. Joey Salceda (File photo) MANILA - The chairperson of the House Ways and Means Committee on Friday requested the Bureau of Internal Revenue (BIR) to allow overseas Filipino workers (OFWs) to apply for their tax identification number (TIN) online and without the need for face-to-face transactions. In a letter addressed to BIR Commissioner Caesar Dulay, Albay Rep. Joey Salceda requested the bureau to consider agency issuances that would allow for a fully-digital process of TIN registration. "I reviewed the National Internal Revenue Code, as amended, and Section 236 (I) of the Cod...

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Caesar DulayJoey SalcedaExchange CommissionNational Internal Revenue CodeBureau Of Internal RevenueMeans Committee OnHouse WaysMeans CommitteeInternal RevenueRevenue District OfficesAlbay Rep Joey Salceda File Photo Manila The Chairperson Of House Ways And Means Committee On Friday Requested Bureau Internal Revenue Bir To Allow Overseas Filipino Workers Ofws Apply For Their Tax Identification Number Tin Online Without Need Face Transactions Ina Letter Addressed Commissioner Caesar DulayLbay Rep Joey Salceda Requested The Bureau To Consider Agency Issuances That Would Allow Fora Fully Digital Process Of Tin Registration Quoti Reviewed National Internal Revenue CodeS AmendedNd Section 236i Of The CodeHich Requires The Tin For Every TaxpayerOes Not Appear To Require Personal Appearancea Fully Digital Process For Registering Corporations Has In Fact Already Been Adopted By The Securities And Exchange Commission Sec Uot Salceda Said He The Tin Is Particularly Crucial For Small Investors Who Seek To Invest Their Money In Stock MarketTressing That Ofws Area Sleeping Giant Among Direct Investors To The Philippines He Noted Thata Broad Investor Base Is Crucial For Deepening Country 39s Capital Markets As Every Transaction Stock Makes Also Subject TaxHich Earns The Government Much Needed Funds For Fiscal And Economic Recovery Quot Overseas Filipinos Are Greatest Untapped Resource When It Comes To Deepening Our Capital Markets All Takes Is Opening Doors In First PlaceUot He Said That Ofws Invest Some 28 Billion In Remittances To The Philippines Quot If Only 20 Percent Of Is Additionally InvestedOu Would Increase Our Direct Investments By Around Usd5 6 Billion That Is No Number To MissUot He Said Ofws May Be Particularly Interested In Investing Philippine Stocks Asa Means For Preparing Their Return To The Country And Secure Future Of Family Citing ProblemAlceda Explained That Quot Due To The Requirement Taxpayer Information Be Verified By Personal Appearance In Revenue District Offices Rdos Fws Who Are Still Abroad Unable To Open Stock Brokerage Accounts Without Their Tins And Because Gettinga Tin Requires Personal AppearanceHey Are Practically Locked Out Of The Market Quot Pna
LTO 7's tax fraud complaint against 5 bike dealers endorsed to BIR – Manila Bulletin - Vimarsana News

LTO 7's tax fraud complaint against 5 bike dealers endorsed to BIR – Manila Bulletin

CEBU CITY—The investigation into the alleged tax fraud hurled against motorcycle dealers owned by a Mindanao-based family is now in the hands of the Bureau of Internal Revenue (BIR). This after the Department of Finance (DOF) has officially endorsed to the BIR, which was tasked to look into the com

Source: mb.com.ph
BIR files P292-M tax evasion charges vs 8 QC taxpayers - Vimarsana News

BIR files P292-M tax evasion charges vs 8 QC taxpayers

The Bureau of Internal Revenue (BIR) has filed separate tax evasion charges against four corporate and four individual tax taxpayers based in Quezon City for alleged non-payment of income and value-added taxes totalling to more than P291 million. Bureau of Internal Revenue In formal criminal com

Source: mb.com.ph
Blue Ribbon asks BIR to fast track probe of tax liabilities of govt contractors - Vimarsana News

Blue Ribbon asks BIR to fast track probe of tax liabilities of govt contractors

Senate Blue Ribbon Committee probers looking into anomalies in the use of P42-billion funds for pandemic-related contracts has formally asked the Bureau of Internal Revenue (BIR) to form a special task force to expedite the investigation of possible tax liabilities of certain government suppliers, led by the controversial startup Pharmally…

Gordon: Blue Ribbon may yet do an 'Al Capone' strategy in nailing culprits in pandemic fund mess - Vimarsana News

Gordon: Blue Ribbon may yet do an 'Al Capone' strategy in nailing culprits in pandemic fund mess

The Senate Blue Ribbon pursued its tack of focusing on the possible tax liabilities of government contractors of pandemic supplies on Thursday, seeking more documents that it said were not covered by President Duterte’s ban on Cabinet officials testifying before the committee. Sen. Richard J. Gordon, committee chairman, directed the…