tax

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…

Tax hikes eyed to offset relief for workers, small biz

The Marcos administration is weighing a series of tax increases—including higher levies on sugary drinks,…

BIR, BOC still upbeat on reaching 2026 goals

The country’s two largest revenue agencies remain confident of meeting their revised 2026 collection targets,…

LGUs get P1.32-T national tax share

Local government units (LGUs) are set to receive their P1.32-trillion share in National Tax Allotment…

BOC missed revenue target in May amid fuel tax relief

The Bureau of Customs (BOC) fell short of its revenue goal in May, ending a…

BIR rolls out interim filing system for mining royalty

The Bureau of Internal Revenue (BIR) has issued temporary guidelines for the quarterly royalty tax…

BIR: No blanket tax hike under property reform act

The implementation of the Real Property Valuation and Assessment Reform Act (RPVARA) will not automatically…

High oil prices boost BIR take

The Bureau of Internal Revenue (BIR) generated more than P198 billion in gross revenues in…

BIZ BUZZ: BIR bets on TikTok for tax education

Tax rules might just be the new TikTok craze. After missing revenue targets in 2025,…

End-of-the-year economic woes

When it rains, it pours. That may best describe the unpleasant situation the country finds…