
DoF, BIR issue rules granting natgas transactions VAT exemption
The Department of Finance (DoF), upon the recommendation of the Bureau of Internal Revenue (BIR), has issued new revenue regulations granting value-added tax…
· 1 min read
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The Department of Finance (DoF), upon the recommendation of the Bureau of Internal Revenue (BIR), has issued new revenue regulations granting value-added tax…
· 1 min read

The BIR said the performance reflects a 2.97 percent year-on-year increase, driven by intensified tax administration, stronger enforcement, and continued…
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Senator Bam Aquino is pushing for the immediate implementation of a fuel excise tax suspension and faster, more targeted government aid to protect transport…
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The Senior Citizens Partylist has welcomed the Bureau of Internal Revenue’s (BIR) recent enforcement of Value Added Tax (VAT) removal on the sale and purchase…
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The Department of Justice has filed tax evasion charges against contractor Curlee Discaya in connection with alleged “ghost” flood control projects.
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A bill that originated from the Senate sought to give administrative powers to President Ferdinand Marcos, Jr. to temporarily suspend excise taxes on fuel was…
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CAMP OLIVAS, Pampanga — Police arrested four suspected drug personalities, including a high-value individual (HVI), and seized more than P700,000 worth of…
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Racing against surging fuel costs, the government is moving to secure up to 2 million barrels of additional oil supply as global prices hit record highs, even…
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When the government has limited resources to spare, each peso spent (or foregone) should be well thought out.
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The Senate on Tuesday approved a priority measure granting President Marcos Jr. emergency powers to suspend or reduce…
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As lawmakers in the House of Representatives and the Senate move to pass a bill suspending the excise tax and value-added tax (VAT) on petroleum products, a…
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Each jeepney driver, for instance, assuming that they operate 300 days a year, shells out P135,000 in fuel taxes.
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Exporters are urging the government to reduce the value-added tax on fuel and electricity as rising global oil prices linked to tensions in the Middle East…
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Government officials seeking effective ways to blunt the backlash of the Middle East war on domestic prices said the declaration of a state of national…
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Inihain ni Senadora Loren Legarda ang Senate Bill No. 1942 o ang panukalang “Fuel Price Relief Act" na naglalayong maglatag ng malinaw na patakaran upang…
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Senator Loren Legarda has unveiled a three-pronged legislative push to lighten the load on Filipino households by overhauling the country’s value-added tax…
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House Speaker Faustino Dy III said he is open to revisiting the National Tax Allotment framework and reviewing the 35-year-old Local Government Code to help…
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The House of Representatives approved on second reading Wednesday a measure that would authorize President Ferdinand Marcos Jr. to temporarily suspend or…
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