It is essential that payroll records, withholding tax returns, and alphalists are fully reconciled. Any mismatch between amounts reported and taxes actually remitted during the year may result in ...
MANILA, Philippines — The Bureau of Internal Revenue (BIR) on Friday reminded taxpayers to file and pay their 2024 annual income tax returns simultaneously on or before April 15 to avoid penalties.
The Philippines’ tax whiz breaks down the Bureau of Internal Revenue’s latest clarification on the scope of the audit suspension under RMC No. 107-2025, helping taxpayers understand what remains on ho ...
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