BIR suspends excise taxes on LPG, kerosene
The BIR has renewed the suspension of excise taxes on LPG and kerosene following a surge in global crude oil prices above the $80-per-barrel threshold,…
Search
Tip: add a year in your query (e.g. Eala 2022) or use the year filter.
5,290 results for “taxes”
BIR suspends excise taxes on LPG and kerosene amid high crude oil prices
BIR issued RMC 100-2026 implementing tax suspensions on LPG and kerosene after Dubai crude prices exceeded the $80 threshold under EO 125.
BIR suspends excise taxes on LPG, kerosene
The BIR renewed the suspension of excise taxes on LPG and kerosene after Dubai crude prices exceeded the $80-per-barrel threshold under Philippine law.
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…
Alcohol curbs, hefty taxes cause discontent
New alcohol taxes and stricter regulations in northeast Syria have driven up prices and restricted imports, affecting businesses and consumers in the…
IMF warns fuel tax cuts favor upper-income households
Any suspension of excise taxes on gasoline and diesel would only benefit upper-income households, despite the waiver of such taxes on liquefied petroleum gas…
Palace blasted over fuel tax tack
Sen. Bam Aquino is calling for the suspension of fuel excise taxes and VAT as high fuel prices continue to burden drivers, commuters, farmers, fisherfolk and…
Ice cream tax
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…
DoF awaits DoE nod for fuel tax suspension
‘The Secretary is just waiting for the certification from the Department of Energy that the price of Dubai Crude Oil has exceeded the threshold.’
DOF awaits DOE nod for fuel tax suspension
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…
Tax reforms could unlock 7.1% of GDP fiscal gains — WB
The Philippines could unlock fiscal gains equivalent to 3.6% to 7.1% of GDP through better tax collection, government procurement and public-sector efficiency,…
World Bank: tax reforms could unlock 7.1% of GDP in fiscal gains
The Philippines could unlock fiscal gains equivalent to as much as 7.1 percent of gross domestic product (GDP) by improving tax collection, government spending…
BIR tax refunds nearly double to P23.7B
The BIR released P23.67 billion in tax refunds from January to September 2026, up 90.6 percent from the same period last year.
Oil price breach opens door to excise tax relief
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.
DOF eyes ice cream, yogurt under SB tax
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…
BIR, IMF push data-driven tax compliance
The BIR and IMF are strengthening the Philippines’ tax compliance system through data-driven risk management, focusing on high-risk sectors and improving…
BIR, IMF push data-driven tax compliance
The Bureau of Internal Revenue (BIR) and the International Monetary Fund (IMF) are working to strengthen the agency’s Compliance Risk Management (CRM) system…
Go flags PhilHealth sin tax funding gaps, seeks full compliance in 2027
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…
