BIRCHCLIFF ENERG NEW Stock News

THE Bureau of Internal Revenue (BIR) has vowed to implement a fully online application process for overseas Filipino

Birchcliff is a natural gas producer in Canada and is taking advantage of the strong gas price to rapidly reduce its net debt. The company remains on track to generate about C$1.5/share in free cash f

The camp of 2022 presidential aspirant Ferdinand Bongbong Marcos Jr. released documents it obtained from the Bureau of the Internal Revenue (BIR), in an attempt to prove that the former senator owes nothing to the government in connection with the penalties he received following his 1997 tax conviction. On Wednesday, December 22, Marcos spokesman Vic Rodriguez presented to the media a copy of a BIR certification and receipt, showing that Marcos paid fines worth P67,137 in 2001, in compliance with a 1997 Court of Appeals (CA) ruling. The document referred to the P67,137 payment as total deficiency taxes and fines due. Bongbong Marcos camp holds press conference and shows receipt and certification of payment of P67,137 to the BIR. This is the fine as ordered by CA in 1997. There is another order to pay deficient tax, we''ll ask about this later. @rapplerdotcom pic.twitter.com/OnY9YABqHr Lian Buan (@lianbuan) December 22, 2021 Bongbong Marcos has no unpaid tax or tax deficiency or penalty or interest.

THE Commission on Elections (Comelec) has moved to resolve a petition filed by members of various cause-oriented groups seeking to cancel the certificate of candidacy (CoC) of Ferdinand "Bongbong" Marcos Jr., an aspirant for president in the 2022 elections. In a five-page order dated Dec. 13, 2021, the Comelec''s Second Division directed the group of petitioners led by Fr. Christian Buenafe, co-chairman of Task Force Detainees of the Philippines, and the Marcos camp to submit their respective memoranda within five days, in accordance with Comelec Resolution 10673. Second Division Presiding Commissioner Socorro Inteng explained that unless the division or the commission en banc requires a clarificatory hearing, the case shall be deemed submitted for resolution upon the receipt of both parties'' memoranda or upon the expiration of the period to do so, whichever comes first. "The case is deemed submitted for resolution after the lapse of the said period," the order read. It said "the case is deemed submitted for resolution after the lapse of the given period with or without the parties'' memoranda." If the order was received by both parties on December 17, the five-day period for the submission of their respective memoranda would lapse on December 22.

THERE is always something exciting about the Christmas season, particularly for employees in the private sector. Millennial employees know this all too well come Christmas, there is an abundance of memes about 13th month pay making the rounds in social media. For employers, there is likewise an inkling to welcome the new year with a positive mindset. For one, another year means a chance to turn over a new leaf and imbibe a fresh, new perspective to grow corporate operations. But as with all beginnings, there is a need to first tie any loose ends from the prior year. In tax talk, this means that all reportorial requirements, as enforced by the Bureau of Internal Revenue (BIR), must be complied with as employers'' transition to a new calendar year. While it may look relatively easy, the whole process of ensuring year-end compliance, from reviewing if the correct taxes have been withheld from employees to providing and posting their government-mandated benefits, is far from easy. This is particularly the case for new companies, start-ups and those keen to put up their own business. 13th month pay One year-end activity that companies in the private sector are duty-bound under the law to provide is 13th month pay.

Birchcliff Energy Ltd. (TSE:BIR) announced a quarterly dividend on Tuesday, December 14th, TickerTech reports. Investors of record on Friday, December 31st will be given a dividend of 0.01 per share by the oil and natural gas company on Friday, December 31st. This represents a $0.04 annualized dividend and a dividend yield of 0.60%. The ex-dividend []

On Dec. 2, 2021, the Department of Finance (DoF) and the Department of Trade and Industry (DTI) issued the latest version of amendments to the implementing rules and regulations (IRR) of the Corporate Recovery and Tax Incentives for Enterprises (Create) law. As an overview, the changes emphasize the following: First, Section 4, Rule 2 of the amended Create IRR includes the maximum period of availment of the customs duty exemption on the importation of capital equipment, raw materials, spare parts, or accessories for the registered projects or activities of registered export enterprises up to 17 years, and domestic market enterprises up to 12 years from the date of registration, unless otherwise extended under the Strategic Investment Priority Plan (SIPP). A similar amendment was also indicated in Section 5, Rule 2 for the VAT exemption on importation and VAT zero-rating on local purchases applicable to goods and services directly and exclusively used in the registered project or activity only by registered export enterprises, which is also up to 17 years.

Birchcliff Energy Ltd. (TSE:BIR) declared a quarterly dividend on Tuesday, December 14th, TickerTech reports. Shareholders of record on Friday, December 31st will be given a dividend of 0.01 per share by the oil and natural gas company on Friday, December 31st. This represents a $0.04 annualized dividend and a yield of 0.60%. The ex-dividend date []

Birchcliff Energy Ltd. (OTCMKTS:BIREF) declared a dividend on Friday, December 10th, investing.com reports. Investors of record on Wednesday, December 15th will be given a dividend of 0.0078 per share on Friday, December 31st. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, December 14th. Shares of OTCMKTS BIREF opened []

MANILA, PhilippinesExporters can continue dealing in local transactions exempt from 12-percent value-added tax (VAT) after the Bureau of Internal Revenue (BIR) on Friday (Dec. 10) published new rules in line with the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act. Finance Secretary Carlos Dominguez III and Internal Revenue Commissioner Caesar Dulay signed Revenue Regulations [] The post BIR returns exporters VAT perks appeared first on Inquirer Business .

Birchcliff Energy Ltd. (OTCMKTS:BIREF) has been given a consensus recommendation of Buy by the eleven ratings firms that are covering the stock, MarketBeat.com reports. Eleven analysts have rated the stock with a buy recommendation. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $9.00. A []

MANILA, PhilippinesThe Bureau of Internal Revenue (BIR) on Friday (Dec. 3) issued the rules on taxes for Philippine offshore gaming operators (Pogos), which the government would add to its COVID war chest. The BIRs Revenue Regulations (RR) No. 20-2021issued by Finance Secretary Carlos Dominguez III and Internal Revenue Commissioner Caesar Dulaypaved the way for the [] The post Govt starts collecting Pogo taxes appeared first on Inquirer Business .

CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“ Birchcliff ” or the “ Corporation ”) (TSX: BIR) is pleased to announce that its board of directors has declared a quarterly cash dividend of $0.01 per share on its common shares for the quarter ending December 31, 2021, which represents a 100% increase over the prior quarterly common share dividend of $0.005 per share.

Two years ago, the President signed into law Republic Act (RA) 11321, otherwise known as the "Sagip Saka Act." Designed to usher in modern agriculture and food security, the law provides assistance to agricultural and fishing communities by helping them improve production and productivity, reach their full potential, and bridge gaps through public-private partnerships. As conferred by Sen. Kiko Pangilinan, the Sagip Saka law gives food producers and enterprises access to financing through credit grants and crop insurance. To add to these, the Bureau of Internal Revenue (BIR) also issued Revenue Regulations (RR) 19-2021 to implement the tax incentives and exemption provisions of RA 11231, specifically exemptions from income tax and donations to accredited farmers and fisherfolk enterprises. The RR states that all accredited farmers and fisherfolk enterprises can be exempted from income tax on income directly arising from operations provided they are registered as barangay micro-business enterprises.

FINANCE Minister Colm Imbert said the Opposition UNC are confused about the reasons why Trinidad and Tobago needs a revenue authority and could not address TT''s revenue shortfalls during their five years in office. Imbert made these observations as he concluded debate on the TT Revenue Authority Bill 2021 in the House of Representatives on Wednesday. Referring to the eight opposition MPs who contributed to debate on the bill in the House, which began on November 12, he said seven of them (inclusive of Opposition Leader Kamla Persad-Bissessar) fell into one of two categories. "Rambling incoherence and irrelevancy and we don''t need a revenue authority, you should just fix the public service." Princes Town MP Barry Padarath was the only opposition MP who tried to make a coherent contribution to the debate. But Imbert said, "In his (Padarath''s) research, he got everything all wrong." Recent data shows that countries such as Bangladesh, Bosnia and Herzegovina, Georgia, Paraguay, Rwanda and Vietnam, showed they all benefited after they established revenue authorities. "There was a more than 100 per cent increase in revenue in tax collection, after the establishment of a revenue authority in those countries." Closer to home, Imbert said Guyana saw increases in revenue from tax collection of six per cent in 2016, seven per cent in 2017 and 2018 and 14 per cent in 2019, after a revenue authority was established there. "These are real life examples.