INCOME TAXATION Flashcards
What are the 6 Tax Administrative Agencies?
- BUREAU OF INTERNAL REVENUE (BIR)
- BUREAU OF CUSTOMS (BOC)
- TARIFF COMMISSION (TC)
- LAND TRANSPORTATION OFFICE (LTO)
- DULY AND LAWFULLY AUTHORIZED COLLECTORS
- LOCAL OFFICES IN CHARGE TO ENFORCE LOCAL TAXATION
OTHER TAX ENFORCERS:
Other governmental offices, private entities
The Secretary of Justice, as the Chief Legal Officer of the government, has the authority to ascertain the validity of tax laws subject to review by the Court of Justice.
What are the functions of the BIR Agency?
Bureau of Internal Revenue (BIR)
- Is in charge to assess and collect all taxes and charges imposed by the NIRC, other tax laws and regulations. (Sec. 2, NIRC)
- BIR is responsible for raising the bulk of the country’s total government revenues.
Every time the government prepares the national budget, attention is focused on the BIR. - Paga-asess at pangongolekta ng lahat ng buwis (taxes), bayad (fees) at singil (charges) sa kita ng loob ng bansa.
- Pagpapatupad ng lahat ng forfeitures, mga parusa, multa at pagpapatupad ng mga hatol sa lahat ng mga kaso na napagpasyahan na pabor dito ng Court of Tax Appeals at ng mga ordinaryong hukuman.
- Nangangasiwa ng supervisory at police powers na ipinagkaloob ng National Internal Revenue Code na inamyenda ng R.A. 8424 o iba pang mga batas
What are the functions of the Bureau of Customs? (BC)
- Inatasang Magsuri at mangolekta ng mga kita sa customs mula sa mga imported na produkto.
- Pasimplehin at pagtugmain ang mga pamamaraan sa customs
- Magsagawa ng kontrol sa hangganan upang maiwasan ang pagpasok ng mga smuggled na kalakal
- Pigilan at sugpuin ang smuggling at iba pang pandaraya sa customs
- Pangasiwaan at i-secure ang internasyonal na kalakalan
- Pangasiwaan at kontrolin ang pasukan at clearance ng mga sasakyang pandagat at sasakyang panghimpapawid na nakikibahagi sa dayuhang komersyo.
What are the functions of the Tariff Commission (TC)?
- The Tariff Commission reviews and recommends changes to customs tariffs and duties on imports to protect local industries and promote fair trade.
- Trade Remedy Investigations: It investigates cases of unfair trade practices like dumping (selling products below cost)
3.
What are the functions of Land Transportation Office (LTO)?
- responsible to collect registration fees and motor vehicle tax
- Inatasang magparehistro ng mga sasakyang de-motor, mag-isyu ng mga lisensya at permit ng driver conductor,
- Magpatupad ng mga batas sa transportasyon, mga tuntunin at regulasyon at humatol sa mga kaso ng pagdakip
What are the functions of Duly and lawfully authorized collectors?
are persons, agencies or duly accredited banks *authorized by** the BIR, BC, TC and LTC to collect taxes.
What are the functions of LOCAL OFFICES IN CHARGE TO ENFORCE LOCAL TAXATION?
Provincial, City, Municipal and Barangay Treasurers
Provincial and City Assessors
Provincial and City Board of Assessment Appeals
Central Board of Assessment Appeals
What are the other tax enforcers?
- Ang Pinuno ng naaangkop na tanggapan ng pamahalaan at ang kanyang mga nasasakupan, na may kinalaman sa pagkolekta ng buwis sa enerhiya
- Mga bangkong nararapat na akreditado ng BIR Commissioner na may kinalaman sa pagtanggap ng mga pagbabayad ng intermal revenue taxes
Ang BIR ay pangunahing nakatalaga sa pagpapatupad ng National Internal Revenue Code (NIRC) NIRC Sections 2, 9, 10, 13 at 14 na nakalista sa mga sumusunod na opisyal ng BIR
- The Commissioner of the Internal Revenue
- Deputy Commissioners of the Internal Revenue
- Revenue Regional Director
- Revenue District Officer
- Revenue Examiners and Officers
- Division Chiefs
- BIR Collection Agents
Assessment and collection of all nationat revenue taxes, fees and charges
Powers and Duties of the Bureau of Internal Revenue
Upang ipatupad ang lahat ng mga forfeitures, mga parusa at mga multa. (Forfeitures refer to the loss or giving up of property, rights, or privileges as a penalty for a breach of law, contract, or some other rule.)
(Enforcement of all forfeitures, penalties, and fines on internal revenue taxes, fees and charges)
Powers and Duties of the Bureau of Internal Revenue
Execution of judgments in all cases decided in its favor by the Court of Tax Appeals and the ordinary courts;
(Pagpapatupad ng mga hatol sa lahat ng kaso na napagpasiyahang pabor dito ng Court of Tax Appeals at ng mga ordinaryong hukuman)
Powers and Duties of the Bureau of Internal Revenue
Give effect and administer the supervisory and police powers conferred to it by the Tax:Code and other laws. (Sec. 2, NIRC)
a) Assigning Internal Revenue Officers to establishment where articles subject to excise tax are produced;
b) Providing and distributing forms, receipts, certification, stamps and other BIR documents to concerned officials;
c) Issuing receipts for tax collected; and
d) Submitting annual report and pertinent information to the Congress
Powers and Duties of the Bureau of Internal Revenue
POWERS & DUTIES OF THE BIR COMMISSIONER
The Commissioner of Internal Revenue (CIR) is the Chief Official of the BIR who has the following powers or authority as provided in the Tax Code:
- Interpret tax laws (Sec. 4, NIRC);
- Decide disputed tax assessments (Sec. 4, NIRC); . Summon, and obtain information or testimony of persons (Sec. 3 5, NIRC),
- Make assessments and prescribe additional tax requirements (Sec. 6, NIRC);
- Compromise, abate and refund or credit taxes (Sec. 204, NIRC);
- Suspend the business operations of a taxpayer (Sec. 115, NIRC); and
- Delegate powers. (Sec. 7, NIRC)
POWERS & DUTIES OF THE BIR COMMISSIONER
Powers of the BIR Commissioner
- Power to Interpret Tax Laws
The CIR has the exclusive and original power to interpret provisions of the NIRC and other tax laws subject to review by the Secretary of Finance. (Sec. 4, NIRC)
Ang CIR ay may eksklusibo at orihinal na kapangyarihan upang bigyang-kahulugan ang mga probisyon ng NIRC at iba pang mga batas sa buwis na napapailalim sa pagsusuri ng Kalihim ng Pananalapi. (Sec. 4, NIRC
