Do banks report to BIR?

[smarxist]

I don't pay taxes from my earnings (online) ever. It's quite a lot more than the average income. Since I stated my monthly income, assets and networth when I applied for car loan, and I didn't have ITR to show, is there a possibility that it will be reported to BIR?

[Syuryuken]

I don't pay taxes from my earnings (online) ever. It's quite a lot more than the average income. Since I stated my monthly income, assets and networth when I applied for car loan, and I didn't have ITR to show, is there a possibility that it will be reported to BIR?

don't worry bahala ng SA mo sa ITR

[fourtheboys96]

I don't pay taxes from my earnings (online) ever. It's quite a lot more than the average income. Since I stated my monthly income, assets and networth when I applied for car loan, and I didn't have ITR to show, is there a possibility that it will be reported to BIR?

Just don;t sh*t on your SA.

BTW. pay your taxes. As shitty as our govt is and ever will be, at least you retain the right to complain hehehe.

Alam mo naman sa atin, pag nagrereklamo pero hindi naman nagbabayad ng tax (e.g. squatters), mas tinitira hehehe

[archielew]

TS, question, ano source of income mo, online jobs? or online business? ang alam ko may nabalita at naging issue yan a few months ago, na si kim henares e target daw habulin yang mga ganyan ang sources of income.

Regarding your loan, if its inhouse, SA mo na bahala jan as Syur has said, pero kung sa bank ka makikipag-usap directly, kailangan mo ma-prove na stable ang source of income mo na yan, baka mahirapan ka magpa-approve. ITR kasi is one of the requirements of the bank, kasi in it makikita ng banks kung in a year ba e stable at malaki ang flow of income mo.

[Syuryuken]

TS, question, ano source of income mo, online jobs? or online business? ang alam ko may nabalita at naging issue yan a few months ago, na si kim henares e target daw habulin yang mga ganyan ang sources of income.

Regarding your loan, if its inhouse, SA mo na bahala jan as Syur has said, pero kung sa bank ka makikipag-usap directly, kailangan mo ma-prove na stable ang source of income mo na yan, baka mahirapan ka magpa-approve. ITR kasi is one of the requirements of the bank, kasi in it makikita ng banks kung in a year ba e stable at malaki ang flow of income mo.

yep inhouse yung sinasabi ko kasi kung diretso siya sa bank sigurado turn down application niya.

[vinj]

Unless si Kim Henares yung SA mo, no problem...

Pay your taxes though. You'll need your ITR time and again.

[glenn manikis]

hanggang walang nag complainant laban sayo... safe ka bro..

dont worry... hindi lang ikaw ganyan... milyon milyon kayo...

if in case naman na kasuhan ka... areglohin mo agad ang BIR...

[Retz]

pati online target na ni commisoner henares.

[Syuryuken]

pati online target na ni commisoner henares.

pano kaya niya ma-trace? bibilib ako sa kanya kung kaya niya kung hindi NANGANGARAP LANG SIYA NG GISING

[ClaNker]

I don't pay taxes from my earnings (online) ever. It's quite a lot more than the average income. Since I stated my monthly income, assets and networth when I applied for car loan, and I didn't have ITR to show, is there a possibility that it will be reported to BIR?

Hangang in-house financing ka lang at bahala na ang SA mo sa ITR. Automatic na ang sagot ng mga yan... "Ako na po ang bahala sa ITR nyo sir."

[Mguy]

And to the TS, please pay your taxes. Don't you get sick of freeloading and letting other Filipinos pay for the roads you use?

[smarxist]

Salamat po sa mga informative comments guys.

[smarxist]

And to the TS, please pay your taxes. Don't you get sick of freeloading and letting other Filipinos pay for the roads you use?

Nagbabalak na po ako i-register as business ang online job ko. Ngayon ko lang na-intindihan na kakailanganin ko mag-loan balang araw at kailangan ko ITR as proof of income.

[glenn manikis]

Nagbabalak na po ako i-register as business ang online job ko. Ngayon ko lang na-intindihan na kakailanganin ko mag-loan balang araw at kailangan ko ITR as proof of income.

pwede mo palusot... kaka start lang ng bus. nyo...

[mark_t]

On car loans as far as I know, your capacity to pay your downpayment is Proof enough.
It is a secured loan. The other requirements is to confirm your identity.

Basta may pang downpayment ka ay proof of income ito.

Will it be reported? I think the limit is 400,000 pesos, anything above
and the transaction is reported. Hindi ka everyday bumibili ng car, so why should it be a issue.

[macsd]

Only a court order can make a bank open an account info, that is part of bank secrecy law. Remember the impeachment trial.

[mark_t]

The accounts were flagged for series of transactions involving substantial amounts.
And all they can do is monitor the accounts.

You should worry more about the color of your car instead as you might have to buy new clothes
To match it.