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New law grants concessions to micro, small taxpayers | Reine Juvierre S. Alberto

MICRO and small taxpayers are granted special concessions under the recently enacted Republic Act (RA) 11976 or the Ease of Paying Taxes (EOPT) law. Bureau of Internal Revenue (BIR) Deputy Commissioner for Legal Group Marissa O. Cabreros presented the salient features of EOPT during the Committee on Ways and Means… ....

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BIR chief leads filing of P3.6-B tax raps vs. 53 erring taxpayers

BIR Commissioner Romeo D. Lumagui Jr. (File photo) MANILA - Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui Jr. on Thursday led the filing of criminal complaints against 53 individual and corporate taxpayers for tax evasion totaling PHP3.57 billion before the Department of Justice (DOJ). Without publicly disclosing their identities, the erring taxpayers were separately charged with willful failure to pay taxes; willful attempt to evade or defeat the payment of taxes due; willful failure to pay/remit its income tax liabilities; and include those who filed their tax returns without corresponding payment. The BIR said the charges were filed under the agency's Run After Tax Evader Program ahead of the deadline for the filing of tax returns. "As tax filing season is approaching, let this serve as a warning to taxpayers who intend to fraudulently evade payment of taxes that they better file and pay the correct taxes," Lumagui said. "We would like to remind t ....

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BIR: Crypto-gamers, 'scholars' must pay tax | Bernadette D. Nicolas

BIR: Crypto-gamers, 'scholars' must pay tax | Bernadette D. Nicolas
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