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Posts tagged with "Bureau of Internal Revenue"

PH fuel marking program implementing rules issued

PH fuel marking program implementing rules issued

Jul. 6 | Image by Rudy and Peter Skitterians from Pixabay The Philippine government has finally released implementing guidelines for the fuel marking program designed to curb oil smuggling and plug revenue losses arising from illegal importation or misdeclaration...

JAO regulating foreign carriers’ charges out in a week or two—DTI chief

JAO regulating foreign carriers’ charges out in a week or two—DTI chief

Jun. 23 | Image by Maritime_Filming_UK from Pixabay The joint administrative order (JAO) that will regulate local charges imposed by international shipping lines servicing the Philippines will be out in one or two weeks, according to Trade and Industry Secretary...

Fake tobacco suppliers shift to producing counterfeit brands in PH

Fake tobacco suppliers shift to producing counterfeit brands in PH

Dec. 13 | Finance Secretary Carlos Dominguez III has directed the Bureau of Customs (BOC) and Bureau of Internal Revenue (BIR) to work with their counterparts in China to stop the illicit entry in the Philippines of cigarette-making machines used to manufacture...

PH fuel marking system for implementation in 2019

PH fuel marking system for implementation in 2019

Nov. 26 | The Philippine government will finally implement next year its fuel marking system to curb oil smuggling and plug revenue losses from illegal importation and misdeclaration of fuel. The Bureau of Customs and Bureau of Internal Revenue have recently created...

JV of SICPA and SGS secure BOC’s fuel marking project

JV of SICPA and SGS secure BOC’s fuel marking project

Nov. 6 | The joint venture of Swiss-based SICPA SA and locally based SGS Philippines, Inc. has won the contract to provide a fuel marking program for the Philippine Bureau of Customs (BOC). In the contract agreement signed by the parties on October 29, the Department...

BIR collecting data on sugar importers that don’t pay correct taxes

BIR collecting data on sugar importers that don’t pay correct taxes

Sep. 9 | Amid increased demand for refined sugar, the Bureau of Internal Revenue (BIR) has formed a task force to inventory sugar stocks and monitor shipments of the commodity into the country to ensure that the correct taxes are paid on these imports. In a report...

17 Chinese suspects arrested in raid on warehouse filled with bogus cigarettes

17 Chinese suspects arrested in raid on warehouse filled with bogus cigarettes

Aug. 27 | The Bureau of Customs raided the warehouse located on Valmonte Street, Barangay Pambuan, Gapan City, apprehended the Chinese nationals, and seized the fake cigarettes of assorted brands, together with six cigarette-making machines, cigarette raw materials,...

BIR asked to investigate unpaid taxes of foreign shipping lines

BIR asked to investigate unpaid taxes of foreign shipping lines

Aug. 19 | The Department of Trade and Industry (DTI) will call on the Bureau of Internal Revenue (BIR) to look into possible unpaid taxes of foreign shipping lines arising from local charges they levied in the Philippines. Amid growing concerns in the business...

BOC to intensify drive vs rice and sugar smuggling, expedite auction amid undersupply

BOC to intensify drive vs rice and sugar smuggling, expedite auction amid undersupply

Aug. 15 | Finance Secretary Carlos Dominguez III has ordered the Bureau of Customs (BOC) to keep a closer watch on the entry of “hot” rice and sugar in the Philippines, and speed up the auction of seized stocks amid the current supply and price issues concerning...

Lorenzo Shipping wins petition to drop BIR’s P2B tax case

Lorenzo Shipping wins petition to drop BIR’s P2B tax case

Jul. 3 | The Philippine Commission on Tax Appeals (CTA) has granted Lorenzo Shipping Corporation’s (LSC) petition to cancel the P2-billion tax deficiency case filed against the domestic liner by the Bureau of Internal Revenue (BIR). The CTA Third Division,...