taxes

PH, Japan update tax treaty

The Philippines and Japan have signed a renegotiated double taxation agreement, updating a decades-old treaty…

BIR says jackpot prizes subject to tax 

The Bureau of Internal Revenue (BIR) has issued a clarification saying that jackpot prizes from…

Fuel marking revenues climbed to P93B in Jan-April

The Bureau of Customs (BOC) boosted collections from its Fuel Marking Program (FMP) by nearly…

New rules make closing business easier–BIR

The Bureau of Internal Revenue (BIR) has issued new guidelines simplifying the closure of businesses…

BIR collections hit P530B, exceed target in early 2026

The Bureau of Internal Revenue (BIR) posted robust revenue collections in the first two months…

Informed compliance matters

From time to time, the Bureau of Internal Revenue (BIR) invites taxpayers to attend tax…

BIZ BUZZ: The taxman cometh—with a smiley face

The Bureau of Internal Revenue (BIR) is trying to prove that tax season doesn’t have…

Land-based wealth tax better than net worth approach

Taxing high-value land may be the most practical way to impose wealth taxes in the…

PH, Japan finalize amendments to double taxation treaty

The Philippines and Japan have finalized negotiations to amend their decades-old double taxation agreement, aiming…

BIR vows ‘clearer rules’, safeguards for tax audits

The Bureau of Internal Revenue (BIR) is gearing up for new reforms in its tax…