BIR flags 25 stations in fuel-marking drive
The Bureau of Internal Revenue (BIR) flagged 25 of 65 gasoline stations tested during the first three days of its large-scale Fuel Marking enforcement drive…
· 2 MIN READ
Topic
BIR electricity VAT
Latest Daily Tribune news and analysis on BIR electricity VAT.
BIR collections hit a whopping P2 trillion in seven months
The BIR collected P2.003 trillion from January to July 2026, exceeding its seven-month target by P13.53 billion as tax revenues rose 5.4 percent year on year.
· 1 MIN READ
Habagat prompts BIR to extend tax filing deadline
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…
· 1 MIN READ
SEC, BIR TO HAVE single portal for company filings
A unified online portal is being eyed that would serve as a single submission point for audited financial statements of SEC-registered companies.
· 2 MIN READ
2,277 medicine now VAT-free; 1.2M more workers eyed for tax exemption — BIR
The Bureau of Internal Revenue has expanded the list of VAT-free medicines to 2,277, adding drugs for cancer, diabetes, tuberculosis, hypertension, high…
· 2 MIN READ
VAT-free medicines expanded, includes 7 major diseases
Under the latest BIR Revenue Memorandum Circular No. 87-2026, VAT exemptions now cover 708 medicines for cancer, 537 for hypertension, 331 for diabetes, 300…
· 1 MIN READ
FPI backs power reforms, urges careful EPIRA review
The Federation of Philippine Industries backs reforms to cut system loss charges and supports President Marcos Jr.’s push to amend EPIRA, as power inflation…
· 2 MIN READ
