tax

Why wealth taxes can help tame inflation

Inflation has surged, and the pain is clearest at the market stall. The current episode…

BIR to roll out 6 digital projects in 2027

The Bureau of Internal Revenue (BIR) has lined up six projects for rollout or implementation…

BIZ BUZZ: Taxpayers, beware

As if stolen taxes weren’t painful enough already, taxpayers now have to worry about their…

BIR imposes 2% withholding tax on electricity sales

The Bureau of Internal Revenue (BIR) has imposed a 2-percent withholding tax on payments to…

Tax take falls short of H1 goal

Tax collections in the first semester fell short of the government’s target by P16.6 billion…

BIR requires use of improved stamp system

The Bureau of Internal Revenue (BIR) has given taxpayers until the end of the year…

Luxury car dealers brace for steep tax hike

One of the country’s leading premium automotive brands is bracing for the anticipated impact of…

Marcos economic team to revisit targets

President Marcos’ economic team will soon convene to review its macroeconomic and fiscal targets, as…

Excise tax hikes seen to push 2027 inflation to 4.5%

An increase in excise tax on sweetened beverages, alcohol and tobacco could push inflation to…

WB urges PH to widen tax base as spending needs grow

The World Bank (WB) urged the Philippines to broaden its tax base, saying stronger revenue…