Internal Revenue Service

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Internal Revenue Service

(IRS), division of the U.S. Treasury Dept. that is responsible for the assessment and collection of most federal taxes, except those relating to alcohol, tobacco, firearms, and explosives. Established in 1862, the IRS derives most of its revenues from the collection of corporate and individual income taxincome tax,
assessment levied upon individual or corporate incomes. Although personal incomes were occasionally taxed in medieval Italian cities, the income tax is essentially a modern form of taxation.
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References in periodicals archive ?
To boost the government's revenue and tax effort in the Cordillera Administrative Region (CAR), including the prosecution of tax evasion, the Bureau of Internal Revenue (BIR) and the National Bureau of Investigation (NBI) signed a memorandum of understanding (MOU).
After suspending all field audit and other field operations of the Bureau of Internal Revenue (BIR) upon his assumption to office in July 1, 2016, Commissioner of Internal Revenue Caesar R.
Mary Grace Padin (The Philippine Star) - January 12, 2018 - 12:00am MANILA, Philippines The government is targeting to complete by the end of January the implementing rules and regulation of Republic Act 10963 or the Tax Reform for Acceleration and Inclusion Act (TRAIN), according to the Bureau of Internal Revenue.
The Bureau of Internal Revenue (BIR), the Philippines' tax office, has enhanced the capability of its electronic tax filing and payment system, GCash.
The Bureau of Internal Revenue then filed multimillion-peso tax evasion charges against Dong and another accused, customs broker Mark Taguba.
The Bureau of Internal Revenue (BIR) has instructed movie and television show producers to withhold and remit to the agency eight percent of the talent fees they pay to their actors and actresses.
The Bureau of Internal Revenue (BIR) has set an Income Tax Return (ITR) collection target of P358 million for the current year involving the Zamboanga City, up P63 million from the previous years figure for ITR.
In July 2017, President Rodrigo Duterte said he had ordered the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) to accept a Mighty's offer of tax settlement.

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