taxes

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…

BIR set to resume tax audits in Q1

The Bureau of Internal Revenue (BIR) is expected to again issue controversial letters of authority…

DTI launches tax perks for garment makers

The Department of Trade and Industry (DTI) is rolling out incentives to lower operating costs…

IMF calls for higher tax collections, debt cuts

The International Monetary Fund (IMF) urged the Philippine government to boost tax collection to increase…