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THE Philippines' Bureau of Internal Revenue (BIR) has launched the Online Registration and Update System (ORUS), a significant upgrade to its registration and compliance processes. This new system ...

THE Bureau of Internal Revenue (BIR) clarified that all required documents must be submitted for value-added tax (VAT) refund claims, regardless of the taxpayer’s risk level. Under Revenue ...

THE Bureau of Internal Revenue (BIR) will now automatically classify value-added tax (VAT) refund claims with incomplete information as “high risk,” subject to full verification. In a memorandum order ...

THE Bureau of Internal Revenue (BIR) said the lack of supporting documents beyond a certain threshold on sales and purchases involved in a value-added tax (VAT) refund application will automatically ...

MANILA, Philippines — With a quarter left in the year, the Bureau of Internal Revenue (BIR) may have to settle with a missed collection target even with an additional tax stream from online sellers.

Metal recyclers and electric arc furnace steel producers are engaged in a global conversation to verify the low carbon ...

Form 1099 reports freelance payments, income from investments, retirement accounts, Social Security benefits and government payments, withdrawals from 529 college savings plans and health savings ...

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CEBU, Philippines — The Bureau of Internal Revenue in Central Visayas (BIR-7) is stepping up efforts in detecting unregistered Airbnb or short-term property rentals, Regional Director Douglas A.