Go signs resolution suspending LPG, kerosene taxes anew
Finance Secretary Frederick Go said he has signed the resolution suspending excise taxes on liquefied petroleum gas (LPG) and kerosene for another 90 days as…
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Finance Secretary Frederick Go said he has signed the resolution suspending excise taxes on liquefied petroleum gas (LPG) and kerosene for another 90 days as…
We’re already taxing ice cream, by the way. You buy it, there’s the VAT. You import it, there are customs duties and import VAT. Ice cream has never learned…
The DoE has triggered the process for possible petroleum excise tax relief after Dubai crude averaged $99.41 per barrel, above the $80 legal threshold.
The Department of Finance (DOF) has proposed expanding the coverage of the country’s sweetened beverage (SB) tax to include ice cream, frozen yogurt and other…
‘The Secretary is just waiting for the certification from the Department of Energy that the price of Dubai Crude Oil has exceeded the threshold.’
The Department of Finance (DOF) said it is awaiting certification from the Department of Energy (DOE) that Dubai crude prices have breached the $80-per-barrel…
The BIR and IMF are strengthening the Philippines’ tax compliance system through data-driven risk management, focusing on high-risk sectors and improving…
The Bureau of Internal Revenue (BIR) and the International Monetary Fund (IMF) are working to strengthen the agency’s Compliance Risk Management (CRM) system…
Sen. Bong Go urges full compliance with sin tax earmarking for PhilHealth by 2027, warning against funding gaps that undermine Universal Health Care. Learn how…
New alcohol taxes and stricter regulations in northeast Syria have driven up prices and restricted imports, affecting businesses and consumers in the…
Bill Gates is urging governments to tax AI and robots, protect human-only jobs and prepare workers for automation as artificial intelligence threatens to…
‘If technology can do more of that retrieval and cross-referencing, our revenue officers can spend more of their time examining what the authorities mean,…
Fund turned into 2027 lump sum
The developer still calls it resort-style living. There’s water everywhere. Venice with leptospirosis.
The BIR extended tax filing and payment deadlines to 18 August 2026 for taxpayers affected by habagat and eBIRForms issues, while clarifying early withdrawal…
President Ferdinand Marcos Jr. defended his family's assets against the “ill-gotten wealth” label but left questions on estate taxes and penalties to his…
The BIR extended tax deadlines falling from 10 to 16 August to 17 August for taxpayers in areas affected by southwest monsoon rains, covering 58 revenue…