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	<title>Money and Finance &#187; BIR</title>
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		<title>BIR to do lifestyle check on professionals too</title>
		<link>http://money.roysville.com/2011/08/02/bir-to-do-lifestyle-check-on-professionals-too/</link>
		<comments>http://money.roysville.com/2011/08/02/bir-to-do-lifestyle-check-on-professionals-too/#comments</comments>
		<pubDate>Tue, 02 Aug 2011 20:22:24 +0000</pubDate>
		<dc:creator>Roy</dc:creator>
				<category><![CDATA[Business News]]></category>
		<category><![CDATA[economy]]></category>
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		<category><![CDATA[Government]]></category>
		<category><![CDATA[Law]]></category>
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		<category><![CDATA[Philippine business news]]></category>
		<category><![CDATA[Philippines]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[BIR]]></category>
		<category><![CDATA[business news]]></category>
		<category><![CDATA[income tax]]></category>
		<category><![CDATA[lifestyle check]]></category>
		<category><![CDATA[professionals]]></category>
		<category><![CDATA[tax]]></category>
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		<guid isPermaLink="false">http://money.roysville.com/?p=1119</guid>
		<description><![CDATA[The Bureau of Internal Revenue will conduct a lifestyle check on professionals; this includes lawyers, doctors and accountants. The move is part of the tax agency’s effort to “convince” self-employed individuals to pay the right taxes. BIR Commissioner Kim Jacinto-Henares said that during her meeting with the Professional Regulations Commissions, she learned that the country [...]]]></description>
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		<title>BIR falls short of its target for the first semester of 2011</title>
		<link>http://money.roysville.com/2011/07/15/bir-falls-short-of-its-target-for-the-first-semester-of-2011/</link>
		<comments>http://money.roysville.com/2011/07/15/bir-falls-short-of-its-target-for-the-first-semester-of-2011/#comments</comments>
		<pubDate>Sat, 16 Jul 2011 01:50:09 +0000</pubDate>
		<dc:creator>Roy</dc:creator>
				<category><![CDATA[Announcement]]></category>
		<category><![CDATA[Business News]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[franchise]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[Philippine business news]]></category>
		<category><![CDATA[Philippines]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[BIR]]></category>
		<category><![CDATA[collection target]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[tax collection]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://money.roysville.com/?p=1067</guid>
		<description><![CDATA[The Bureau of Internal Revenue missed its target for the first six months of the year. The BIR falls short of its target collection, with its total collection in totaling P67 billion which is 2.2% lower that its P68.5-billion target. Last month’s collection brings total collection for the first semester of 2011 to P458 billion, [...]]]></description>
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		<title>BIR stood firm on the April 15 tax deadline</title>
		<link>http://money.roysville.com/2011/04/16/bir-stood-firm-on-the-april-15-tax-deadline/</link>
		<comments>http://money.roysville.com/2011/04/16/bir-stood-firm-on-the-april-15-tax-deadline/#comments</comments>
		<pubDate>Sat, 16 Apr 2011 16:37:59 +0000</pubDate>
		<dc:creator>Roy</dc:creator>
				<category><![CDATA[finance]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[People]]></category>
		<category><![CDATA[Philippine business news]]></category>
		<category><![CDATA[Philippines]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[April 15 deadline]]></category>
		<category><![CDATA[Arroyo]]></category>
		<category><![CDATA[BIR]]></category>
		<category><![CDATA[SALN]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[tax evaders]]></category>
		<category><![CDATA[tax evasion]]></category>

		<guid isPermaLink="false">http://money.roysville.com/?p=680</guid>
		<description><![CDATA[In spite of the appeal of taxpayers for an extension, Bureau of Internal Revenue (BIR) stood firm and kept the April 15 deadline for filing income tax returns (ITRs). Revenue commissioner Kim Henares said there were still a lot of people who filed their returns on the last minute, as she observed when she made [...]]]></description>
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		<title>BIR say filing of AIR for 2010 optional</title>
		<link>http://money.roysville.com/2011/03/14/bir-say-filing-of-air-for-2010-optional/</link>
		<comments>http://money.roysville.com/2011/03/14/bir-say-filing-of-air-for-2010-optional/#comments</comments>
		<pubDate>Tue, 15 Mar 2011 00:35:36 +0000</pubDate>
		<dc:creator>Roy</dc:creator>
				<category><![CDATA[finance]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[People]]></category>
		<category><![CDATA[Philippine business news]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[AIR]]></category>
		<category><![CDATA[BIR]]></category>
		<category><![CDATA[income tax]]></category>
		<category><![CDATA[ITR]]></category>
		<category><![CDATA[Philippines]]></category>
		<category><![CDATA[RR 2-2011]]></category>
		<category><![CDATA[SALN]]></category>
		<category><![CDATA[tax]]></category>
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		<guid isPermaLink="false">http://money.roysville.com/?p=596</guid>
		<description><![CDATA[With its implementation met with a lot of protests and not-so-good-comments, the BIR decided to make the filing of AIR for 2010 optional. The Bureau of Internal Revenue (BIR) gave taxpayers leeway by making the annual information returns (AIR) filing optional for 2010. Commissioner Kim Henares said it would give the affected taxpayers time to [...]]]></description>
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		<title>BIR to check on companies&#8217; year-end inventories</title>
		<link>http://money.roysville.com/2009/12/28/bir-to-check-on-companies-year-end-inventories/</link>
		<comments>http://money.roysville.com/2009/12/28/bir-to-check-on-companies-year-end-inventories/#comments</comments>
		<pubDate>Mon, 28 Dec 2009 14:07:24 +0000</pubDate>
		<dc:creator>Roy</dc:creator>
				<category><![CDATA[Announcement]]></category>
		<category><![CDATA[Corporations]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[Philippine business news]]></category>
		<category><![CDATA[Philippines]]></category>
		<category><![CDATA[Pricing]]></category>
		<category><![CDATA[Products]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[BIR]]></category>
		<category><![CDATA[businesses]]></category>
		<category><![CDATA[entrepreneur]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://money.roysville.com/?p=245</guid>
		<description><![CDATA[Here&#8217;s one last attempt of the Bureau of Internal Revenue (BIR) to catch up of companies trying to pull a fast one on the revenue agency. BIR field personnel will be going out and check the warehouses of companies to verify their year-inventories viz-a-viz their submitted year-end declaration. Revenue Memorandum Order No. 40-2009 was issued [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Pilipinas Shell gets P22 M tax refund</title>
		<link>http://money.roysville.com/2009/09/22/pilipinas-shell-gets-p22-m-tax-refund/</link>
		<comments>http://money.roysville.com/2009/09/22/pilipinas-shell-gets-p22-m-tax-refund/#comments</comments>
		<pubDate>Tue, 22 Sep 2009 14:36:52 +0000</pubDate>
		<dc:creator>Roy</dc:creator>
				<category><![CDATA[Announcement]]></category>
		<category><![CDATA[Corporations]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[Philippine business news]]></category>
		<category><![CDATA[Philippines]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[BIR]]></category>
		<category><![CDATA[Court of Appeals]]></category>
		<category><![CDATA[Court of Tax Appeals]]></category>
		<category><![CDATA[documentary stamp tax]]></category>
		<category><![CDATA[Pilipinas Shell]]></category>
		<category><![CDATA[tax credit certificate]]></category>
		<category><![CDATA[tax refund]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://money.roysville.com/?p=157</guid>
		<description><![CDATA[Pilipinas Shell Petroleum Corp. will be getting P22 million in tax refund. That is because the Court of Appeals (CA) upheld the decision of the Court of Tax Appeals (CTA) to compel the Bureau of Internal Revenue (BIR) to refund or issue a tax credit certificate worth more than P22 million to Pilipinas Shell. According [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>BSP declared &#8216;not a bank&#8217; and exempted from GRT</title>
		<link>http://money.roysville.com/2009/07/13/bsp-declared-not-a-bank-and-exempted-from-grt/</link>
		<comments>http://money.roysville.com/2009/07/13/bsp-declared-not-a-bank-and-exempted-from-grt/#comments</comments>
		<pubDate>Tue, 14 Jul 2009 01:28:18 +0000</pubDate>
		<dc:creator>Roy</dc:creator>
				<category><![CDATA[money]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[BIR]]></category>
		<category><![CDATA[BSP]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[GRT]]></category>
		<category><![CDATA[Philippines]]></category>
		<category><![CDATA[tax exemption]]></category>

		<guid isPermaLink="false">http://money.roysville.com/?p=65</guid>
		<description><![CDATA[A memorandum from the Bureau of Internal Revenue has declared the Bangko Sentral ng Pilipinas (BSP) not a bank and therefore exempted from GRT or gross receipt tax. The Revenue Memorandum Circular 65-2008, which states that BSP is exempted from GRT and some other taxes was signed by former BIR commissioner Lilian B. Hefti. It [...]]]></description>
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