Stay updated with breaking news from Ebir . Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Several issues and concerns emerged for taxpayers due to the disparity in computing interest expenses for presentation in tax returns and financial statements. With this, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) 19-2024 on Feb. 5, 2024, which aims to provide clarification on how interest expenses related to the taxpayer’s profession, trade or business, and other related matters should be treated for tax purposes.
This is a guide for the Bureau of Internal Revenue (BIR) on real estate transactions classified as ordinary assets.
The Bureau of Internal Revenue (BIR) has announced the launch of the Taxpayer Registration-Related Application (TRRA) portal, aimed at simplifying taxpayer services. The TRRA portal offers a convenient alternative for submitting registration-related transaction applications to the BIR, enabling applicants to attach scanned copies of all the required documents and transmit them via email to the respective BIR Revenue District Office (RDO).
SBIRs and STTRs are highly competitive with awards going to an average of 15% of applicants. In this article, we cover 5 steps to winning a SBIR/STTR.
The LGBT community people in Kolkata celebrated Holi with flowers and colourful 'Abir' ushering joy in each other's life.