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THE BUREAU of Internal Revenue (BIR) has issued new revenue memorandum circulars targeting unpaid taxes in digital marketplaces and clarifying the taxation of large casino jackpots...
THE BUREAU of Internal Revenue (BIR) said its gross collections rose to P422.378 billion in April, exceeding its target for the month despite the extension of the annual income tax...
MANILA, Philippines – The Bureau of Internal Revenue (BIR) has exceeded its gross collection target in April by 3.12 percent. The BIR on Thursday said that as of May 13, gross coll...
THE Court of Tax Appeals (CTA) has ordered the Bureau of Internal Revenue (BIR) to refund Petron Corp. P389.49 million in excise taxes, in a ruling that clarifies refund claims on...
THE Court of Tax Appeals (CTA) En Banc has upheld a tax refund exceeding P1 billion in favor of San Miguel Brewery, Inc. (SMB), the beer unit of San Miguel Corp. (SMC), in connecti...
The BIR and PAOCC plan to use blockchain analytics and data sharing to address tax compliance gaps among online sellers and digital platforms.
THE Court of Tax Appeals (CTA) has partially granted the refund claims of Shell Pilipinas Corp. totaling P134.94 million in excise taxes, and ordered the Bureau of Internal Revenue...
MANILA, Philippines – The implementation of the Real Property Valuation and Assessment Reform Act (RPVARA) will not automatically result in higher property taxes, as any change in...
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