
BIR plans VAT removal on power system losses
The Bureau of Internal Revenue (BIR) is preparing to remove the value-added tax (VAT) imposed on allowable system loss charges in electricity bills, a move…
· 2 MIN READ
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The Bureau of Internal Revenue (BIR) is preparing to remove the value-added tax (VAT) imposed on allowable system loss charges in electricity bills, a move…
· 2 MIN READ

Microsoft co-founder Bill Gates is calling on governments to tax artificial intelligence (AI) and robots while setting aside some jobs exclusively for humans…
· 2 MIN READ

The Bureau of Internal Revenue (BIR) destroyed 240,550 illicit vape products with estimated tax liabilities of P1.54 billion at a waste management facility in…
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Agusan del Norte Rep. Dale Corvera is pushing for the inclusion of municipal waters in the computation of the National Tax Allotment (NTA), arguing that the…
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‘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,…
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Derek has made a public declaration that he is willing to cooperate with the proper authorities.
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Government contractors need to be classified as corporations vested with public interest requiring the election of independent directors and the presence of…
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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…
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The Bureau of Internal Revenue (BIR) has further extended the deadlines for tax filing, payment, remittance, registration, and submission to 18 August 2026 for…
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The Philippine Stock Exchange Inc. (PSE) reported a 19.8 percent increase in first-half net income to P608.38 million from P508.03 million a year earlier,…
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President Ferdinand Marcos Jr. on Friday pushed back against the characterization of some of his family’s assets as ill-gotten wealth but declined to provide…
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Security Bank Corp. reported P6.1 billion in net income for the first half of 2026, up 4 percent year-on-year, as stronger revenues, improved operating…
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The Bureau of Internal Revenue (BIR) collected more than P2 trillion in the first seven months of 2026, beating its target by P13.53 billion as tax collections…
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Banking remained SM Investment Corp.’s largest earnings contributor, accounting for 47 percent of group net income, followed by property at 27 percent, retail…
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The Bureau of Internal Revenue (BIR) has extended tax deadlines falling between 10 and 16 August to Monday, 17 August, for taxpayers in areas affected by heavy…
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Pag-IBIG Fund posted a record P41.35 billion in net income in the first half of 2026, up 24 percent from the same period last year, driven by sustained…
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Filinvest Land Inc. (FLI) posted a 4 percent increase in net income to P2.21 billion in the first half of the year, as reservation sales jumped 50 percent and…
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LT Group Inc. (LTG) saw its attributable net income rise 14 percent to a record P17.03 billion in the first half of 2026, driven mainly by higher earnings from…
· 3 MIN READ