Penalties for employers who fail to comply with laws and regulations on withholding tax on compensation. (Revenue Memorandum Circular No. 21-2010)
Mar 16
|02:07 AM
Revenue Memorandum Circular No. 21-2010
dated March 8, 2010
The BIR in this recent circular emphasizes the obligation of the employers to withhold, remit, perform year-end adjustment on withholding taxes on compensation of their employees.
Bank Bulletin No. 2010-11 to streamline processing during the tax filing season
Mar 12
|08:27 AM
Bank Bulletin No. 2010-11
dated February 22, 2010
The BIR has issued new guidelines to properly respond to the needs of the taxpaying public during this income tax filing season.
BIR orders lifestyle checks on individuals (Revenue Memorandum Order 19-2010)
Mar 11
|09:03 AM
Revenue Memorandum Order (RMO) No. 19-2010
dated March 9, 2010
The BIR has intensified its drive against individuals who neglect to report truthfully their tax liabilities through the conduct of lifestyle checks.
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