Law & Government | Business Tips Philippines

BIR Interactive Forms for Income Tax Filing Now Available

March 31, 2012 Vic 10 Comments

On November 2011, the Bureau of Internal Revenue (BIR) has issued Revenue Regulation No. 19-2011, requiring taxpayers to use the revised forms for filing their income tax returns. The new forms, which include BIR Form 1700 (Annual Income Tax Return for Individuals Earning Purely … [Read more...]

How to Replace Lost or Damaged BIR TIN Card

March 31, 2012 Business Tips

How to replace lost or damaged BIR TIN (Taxpayer Identification Number) card? If you have already registered a TIN before, but have lost your TIN card, or if your card has been damaged, here are the steps you can do to replace your TIN card and have a new one. 1. Know the BIR … [Read more...]

What is the Richest Country in the World?

March 2, 2012 Business Tips 4 Comments

The wealthiest country in the world based on per capita income is Qatar. This is according to the latest list of the world’s richest countries compiled and published by Forbes magazine on February 2012. The Arab Gulf emirate of 1.7 million people topped the list thanks to the oil … [Read more...]

November 2011 Philippine Bar Exam Results (2012 Release)

February 28, 2012 Business Tips 5 Comments

In last year’s Bar Exam results released on March 17, 2011 for September 2010 Bar examination, the Supreme Court announced 982 passers out of 4,847 examinees, with Cesareo Antonio S. Singzon Jr. from Ateneo de Manila University as the topnotcher having an 89.00% rating. For the … [Read more...]

New and Revised Income Tax Return BIR Forms

February 17, 2012 Vic 14 Comments

Taxpayers who are required to file their income tax returns under the Tax code, and those who are not required but opt to do so, will be filing with the new income tax returns issued by the BIR. This is for their annual income tax covering and starting calendar year 2011, which … [Read more...]

Income Tax in the Philippines

February 12, 2012 Vic 7 Comments

Philippine taxation is already one of the most discussed topics on this blog. I have observed that many Filipinos are still confused when it comes to knowing and understanding their tax obligations to the government. I can’t blame them because taxation, especially income tax … [Read more...]