BIR Revamp

Here’s an article from Manila Bulletin’s correspondent, Jun Ramirez on Bureau of Internal Revenue’s revamp, it’s pretty clear that the direction BIR is taking is to increase revenues to fund the Build Build Build program with President Duterte’s administration, actually a clear and acceptable motive, however, I am hearing cases where unreasonable issues are happening ( i.e.  zonal values going up by 50% to 400% in some areas and doesn’t validate the existing market value, I believe that this has to go through 3 public hearings and homeowners are part of the committee that finally decides the final value, how they arrive at those exhorbitant new values, I am clueless ), another questionable incident is on the law on the exemption on capital gains tax on primary residence wherein a personal client was recently shocked to get a computation from the Revenue District Officer showing that their refund was basically wiped out by interest charges implemented by the new administration.  Take note that a tripartate contract was already signed by the Revenue District Officer, Seller and the Escrow Bank and one doesn't need to be a Lawyer to realize that a contract is binding regardless of any new Revenue Regulation ( am i right or just simply ignorant ? ). I will blog soon as I still have to receive the computation this particular RDO gave after having the capital gains amount in escrow for almost 18 months. .

BIR Revamp 

Bureau of Internal Revenue (BIR) Commissioner Caesar R. Dulay yesterday carried out another round of personnel reorganization affecting almost 80 key field officials nationwide, including revenue district officers (RDO) and collection division chiefs.

The BIR chief issued the latest travel assignment orders after ordering similar reorganizations during the past weeks and months in a bid to bolster the tax collection campaign to raise more than P2 trillion this year.

Among the RDOs given new assignments were Mahinardo Mailig from Muntinlupa to East Makati, Ignacio Camba from North Nueva Ecija to Muntinlupa, Rey Manalili from Lucena City to Plaridel, Bulacan, Vicente Gamad from Palawan to Intramuros, Renato Ruiz from Marikina City to Cubao, Amparo Duque from chief of the VAT credit division to RDO Marikina, Luis Alberto from Cainta to San Pablo City, Ray Geli from San Pablo City to Cainta, Arnulfo Galapia from Vigan City to South Quezon City, Vicky Reinante from South Quezon City to South Makati, Benjamin Virtucio, Jr. from Trece Martirez City to Cabanatuan City and Simplcio Cabantac Jr. from Tarlac to Trece Martirez.

The new collection chiefs of the Metro Manila revenue regions are Ricky Gatchalian for Manila, Marivic Tulio for Quezon City, Alice Gonzales for Makati and  Alicia Palmaria for Caloocan.

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Robert G. Sarmiento Properties

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robert
Robert G. Sarmiento Properties

Professional Affiliation :

Philippine Association of Real Estate Boards

Member, City of Taguig Real Estate Board 2016, 2017

Real Estate Broker’s Association of the Philippines

President, Greenhills Chapter 2008, 2009

Philippine Association of Real Estate Boards 2000-2015

San Juan Mandaluyong Chapter 1998, 1999

PRC # 6569

Lecturer’s License # 0294

02 5148481 ( direct line )

+ 632 5536051 ( trunkline )

+ 632 4781316 ( telefax )

+ 632 8561365 ( line 3 )

+ 632 8041701 ( line 4 )

+ 63 917 5364829 ( globe )

Email : roberts@surfshop.net.ph

Website : 
www.robertgsarmiento.com

Website: http://condosphil.wordpress.com

Website: www.philippinecommercialproperties.com

Website: http://philippinewarehouses.wordpress.com

Website: http://philippineoffices.wordpress.com

Website: http://philippinetownhouse.wordpress.com
 

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