National Internal Revenue Code

Also known as RA 8424

The National Internal Revenue Code (NIRC) of 1997 governs tax laws in the Philippines, including regulations against tax evasion and illegal activities such as unregistered vape products and illicit cigarette manufacturing. BIR Commissioner Romeo Lumagui Jr. has been actively enforcing these laws by filing criminal charges and warnings against individuals and corporations involved in tax violations. The code continues to be a critical tool for ensuring compliance and maintaining government revenue, which supports essential public services.

This is an AI-generated summary based on recent coverage.
Last updated at May 15, 2025.

Recent stories about RA 8424

DOJ files PHP73M tax evasion charges against Buenviaje Builders, Synergy Sales

On Friday, the Department of Justice (DOJ) filed 18 criminal charges with the Court of Tax Appeals (CTA) against Buenviaje Builders, Inc. and Synergy Sales International Corporation for tax evasion.
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Rep Ferdinand Romualdez files HB 16 for senior citizens, PWDs discount

Rep. Ferdinand Martin Romualdez, along with Tingog party-list Reps. Andrew Julian Romualdez and Jude Acidre, has filed House Bill No. 16 to ensure that senior citizens and persons with disabilities receive a 20% discount and 12% Value Added Tax (VAT) exemption on top of any promotional offers from stores.
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Senate ends third session, honors outgoing members

The Philippine Senate adjourned sine die on Wednesday night, marking the end of its third regular session in the 19th Congress and honoring outgoing members with individual resolutions.
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BIR files criminal charges against illicit vape firms, celebrities warned

The Bureau of Internal Revenue (BIR) filed criminal charges against large-scale illicit vape businesses for allegedly evading nearly P8.7 billion in taxes on Tuesday.
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CTA affirms Ressa's acquittal in tax case

The Court of Tax Appeals (CTA) has affirmed its 2023 decision, upholding the acquittal of Maria Ressa and Rappler Holdings Corporation (RHC) in four tax-related charges on February 21.
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BIR files P8.5 billion tax evasion case against illicit cigarette operation

Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui Jr. announced that the BIR has filed a P8.5 billion tax evasion case against individuals involved in an illicit cigarette operation, with criminal cases filed on November 14 and February 7.
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DOJ files 20 tax evasion cases against 3 corporations

On Monday, the Department of Justice (DOJ) filed multiple charges of tax evasion against three industrial corporations before the Court of Tax Appeals.
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Sen Tolentino files bill to remove VAT on electricity and internet

Senator Francis 'TOL' Tolentino has filed Senate Bill No. 2970 to remove the 12% value-added tax (VAT) on electricity and internet services, aiming to ease financial burdens on households and businesses.
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SC rules foreign currency deposit accounts exempt from estate tax

The Supreme Court has ruled that foreign currency deposit accounts are exempt from estate tax under Republic Act (RA) No. 6426, also known as the Foreign Currency Deposit Act of the Philippines.
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BOC seizes P21M worth of undocumented cigarettes in Albay

Late last month, the Bureau of Customs seized over P21 million worth of undocumented cigarettes from a motorized banca named 'Susie' in Pio Duran, Albay.
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