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The BIR notice also failed to furnish the respondents with copies of documents, such as newspaper clippings and articles, as basis for the assessment, it added. “It is well-established that tax ...
The interpretation of the effectivity date prompted the BIR to issue an amended notice of discrepancy to GSM Inc. for a P66,370,125.28 deficiency in its basic excise for the period in question.
Taxpayers have only until today, April 15, to file their 2024 annual income tax returns (AITR) to avoid penalties. Bureau of ...
The Bureau of Internal Revenue (BIR) on Friday called on taxpayers to pay taxes as they file their 2024 Income Tax Return (ITR) on or before April 15, 2025 to avoid penalties. In a statement, BIR ...
BIR Commissioner Romeo Lumagui Jr. earlier said there will be no extension of the deadline. The BIR requires taxpayers to file their 2024 AITR electronically using the bureau’s e-filing ...