MATI CITY, Davao Oriental (PIA) — The Bureau of Internal Revenue–Revenue District Office (BIR-RDO) 114 in Mati is urging workers and business owners to always update their BIR records, especially when ...

February, 2025 – Located in the heart of Wall Street in New York City, Federal Hall stands as a monument to the birth of the American presidency. It was here, on April 30, 1789, that George ...

The timely release of final pay and employment documents remains a critical obligation for employers in the Philippines, with the Department of Labor and Employment (DOLE) mandating strict timeframes ...

The Bureau of Internal Revenue (BIR) reminds the taxpaying public that the filing of the Quarterly Income Tax Return for Individuals, Estates and Trusts (BIR Form No. 1701Q) is on or before May 15 ...

To expand its available payment channels, the Bureau of Internal Revenue (BIR) has partnered with the Development Bank of the Philippines (DBP) & MyEG, a market leader in electronic solutions ...

BIR Form 2316 must be signed by both the employer’s authorized officer and the employee, under penalty of perjury. The employer must give the original copy to the employee, while a duplicate copy is ...

In the early 1990s, the BIR had already prescribed a similar form, although only for foreign related-party transactions that is, BIR form no. 1702 H, known as the “Information Return on ...

Finally, on July 29 the Bureau of Internal Revenue issued the much-awaited Revenue Memorandum Circular No. 76-2020 to clarify issues on the filing of BIR form no. 1709.

To plug hefty tax leakages from local and foreign deals involving related parties, the Bureau of Internal Revenue (BIR) on Friday mandated reporting of these types of transactions. The ...

The BIR Form 2316 is proof that taxes have been deducted and withheld from an employee's salary and remitted to the BIR by the employer. It is one of the most crucial documents that employers and ...