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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...
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 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...
THE DEPARTMENT of Finance (DoF) is eyeing reforms in the processes of the Bureau of Internal Revenue (BIR) that are aimed at making it easier for taxpayers to comply with their obl...
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...
MANILA, Philippines — The Bureau of Internal Revenue (BIR) filed a tax evasion complaint before the Department of Justice (DOJ) against former presidential spokesperson Harry Roque...
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...
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...
How is the donor’s tax on cash donations filed and paid? Can cash donations be claimed as a deductible expense?
How is the donor’s tax on cash donations filed and paid? Can cash donations be claimed as a deductible expense?
The Philippine Tax Whiz discusses the recently issued Revenue Regulations (RR) No. 01-2026 of the BIR
The Philippine Tax Whiz discusses the recently issued Revenue Regulations (RR) No. 01-2026 of the BIR
The Philippine Tax Whiz breaks down recent Bureau of Internal Revenue (BIR) issuances that have drawn public attention as fuel prices continue to affect households and businesses i...
The Philippine Tax Whiz breaks down recent Bureau of Internal Revenue (BIR) issuances that have drawn public attention as fuel prices continue to affect households and businesses i...
The Bureau of Customs said Wednesday that it collected P84.43 billion in March, exceeding the P83.24-billion collection target set for it by 1.4% during the month. Citing prelimina...
It’s not only the DTI who is making absurd decisions that brings additional headaches, the Bureau of Immigration is proposing another mind-boggling tax of Php 480 for an “advanced...
THE NATIONAL Government’s (NG) budget surplus narrowed sharply in April to P31.4 billion amid muted revenue growth as the deadline for filing annual income tax returns was moved to...
THE Securities and Exchange Commission (SEC) is giving corporations more time to submit their annual financial statements (AFS) to align with the Bureau of Internal Revenue’s (BIR)...
Excise taxes are levied on goods manufactured or produced locally for domestic sales or consumption, imported things, and services performed within the Philippines. These taxes, im...
The BIR and PAOCC plan to use blockchain analytics and data sharing to address tax compliance gaps among online sellers and digital platforms.
The Philippines has one of the highest VAT rates in ASEAN, yet collection efficiency is only around 35–40%, indicating leakages
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for April 20, 2026 – May 1, 2026. April 23, 2026: The IRS has reportedly begun...
The Internal Revenue Service established a program to allow corporate taxpayers to request rulings on certain issues.
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