tax

A tax-exempt business?

Very few people know that there is a law that allows businesses to be exempt…

Recto weighs general tax amnesty program

Finance Secretary Ralph Recto said on Monday that the Marcos administration would pursue a broad…

Strict rules on BIR audits

The receipt by a taxpayer, especially the corporate type, of a Letter of Authority (LoA)…

The poor pay income tax, too, and via online–report

Digital tax platform Taxumo reported that low-income earners remain the primary users of its online…

Tax relief could help shield PH exporters from US tariffs

With Philippine exporters to America facing a 19-percent tariff, the government must consider tax relief…

Miscommunication on bank deposits tax

The first day of effectivity (July 1, 2025) of the Capital Markets Efficiency Promotion Act…

Tax on online gambling possible by end-2025

Finance Secretary Ralph Recto said the proposed tax on online gaming may happen this year…

Starting July 1, pickups no longer exempt from excise tax

The Bureau of Internal Revenue (BIR) reminded automobile buyers that pickups are again subject to…

Lower stock transaction tax takes effect today

Starting July 1, investors will enjoy a reduced stock transaction tax of 0.1 percent as…

Tax reform, better ‘golden visa’ pushed

The Philippines will have to craft a more attractive tax regime and straightforward “golden visa”…