
Budget deficit widens despite strong tax collections
The national government’s budget deficit widened to P198.5 billion in May, up 36.7 percent from P145.2 billion a year earlier, as lower non-tax revenues offset…
· 2 min read
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The national government’s budget deficit widened to P198.5 billion in May, up 36.7 percent from P145.2 billion a year earlier, as lower non-tax revenues offset…
· 2 min read

The defense panel in the impeachment trial rejected claims that it was trying to prevent potentially damaging evidence from being presented, stressing that…
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Members of the House prosecution panel questioned the continued opposition of Vice President Sara Duterte's defense team to opening a sealed box containing the…
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The Bureau of Internal Revenue (BIR) said the Department of Justice (DoJ) has found probable cause to file 44 criminal tax cases against former Department of…
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The Bureau of Internal Revenue (BIR) said the Department of Justice (DOJ) has found probable cause to file 44 criminal tax cases against former Department of…
· 2 min read
The Department of Justice (DOJ) has found probable cause to file 44 criminal tax evasion cases against members of the so-called "BGC Boys" or Bulacan Group of…
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The Bureau of Internal Revenue (BIR) has renewed its partnership with business groups, professional organizations, foreign chambers and industry associations…
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The House prosecution panel has asked the Senate impeachment court to allow the opening of a sealed box containing the tax records of Vice President Sara…
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Local government units (LGUs) next year will be allotted a total of P1.32 trillion in the form of National Tax Allotments (NTAs), the LGUs’ constitutionally…
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The case stemmed from the BIR’s complaint for willful failure to supply correct and accurate information in the respondents’ 2010 income tax return.
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Thirteen years. That’s how long a domestic miner fought for a tax exemption it already had on paper. The Supreme Court just told the Bureau of Internal Revenue…
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The children of pork barrel scam mastermind Janet Lim Napoles were acquitted by the Court of Tax Appeals (CTA) en banc of tax evasion charges filed by the…
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The Bureau of Internal Revenue (BIR) is giving micro businesses and inactive taxpayers a chance to clear old tax issues through a one-time amnesty program…
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The reason was obscene in its very nature; the Marcos government found a way to profit from a war half a world away.
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Beyond the aesthetic triumph, the Sansó and Happy Andrada collaboration cements a purposeful future for local fashion.
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The Supreme Court (SC) has updated the rules governing when the processing period begins for value-added tax (VAT) refund claims, clarifying procedures that…
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The Supreme Court (SC) has clarified when the processing period begins for value-added tax (VAT) refund claims, updating existing rules to reflect changes in…
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Because of this split, profit margins often become too thin unless a concert is nearly fully sold out. Industry insiders describe this as a high-risk scenario…
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