BIR exceeds H1 goal, eyes higher revenues
The BIR reported that its January to June 2025 collection hit P1.554 trillion, exceeding its target by P4.594 billion.
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Daily TribuneTopic
The BIR reported that its January to June 2025 collection hit P1.554 trillion, exceeding its target by P4.594 billion.
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The GAA, as a general law, cannot amend the Sin Tax Law, a special edict that earmarks funds for PhilHealth.
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The mayor rued reduced real property taxes in exchange for bribes, lowering assessed values to shortchange the government.
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The situation is poised to worsen under Donald Trump’s One Big Beautiful Bill Act, signed into law on 4 July 2025.
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The Supreme Court’s decision upholding the government’s full 60 percent share in the Malampaya gas project — including income taxes paid by private contractors…
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The Supreme Court SC) has ruled that the government’s share of profits from the Malampaya Natural Gas Project includes the income taxes of its private…
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‘This means that the obligation or liability remains, although it is merely passed on to a different person.’
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As President Ferdinand “Bongbong” Marcos Jr. delivers his fourth State of the Nation Address (SoNA) on Monday, 28 July, Filipinos would be reflecting on his…
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Amid rising costs and a new law affecting pickup trucks, Nissan Philippines has decided to keep its current Navara pricing unchanged for July 2025.
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The facts are straightforward — the BIR charged a construction firm owner with willfully failing to file his quarterly VAT return for the third quarter of 2008.
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As President Ferdinand Marcos Jr. returned from Washington touting a one-percentage-point win on US tariff reductions, business leaders remained largely…
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The Bureau of Internal Revenue (BIR) has commended the action taken by the Department of Justice (DoJ) who filed 34 criminal charges against popular footwear…
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The cases stemmed from findings under its Run After Fake Transactions or RAFT Program, which investigates the use of fake receipts from non-existent companies.…
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In the Philippines at present, earning a salary, binge-watching your favorite series, saving for the future — or even selling property —
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Marcos may endorse a regulatory framework that balances revenue generation with safeguards against money laundering and other criminal activities.
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Billions vanish into questionable projects, yet the solution is always to take more from ordinary citizens rather than recover the stolen funds or tax the…
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The Department of Finance (DoF) clarified that the Capital Markets Efficiency Promotion Act (CMEPA) does not impose a new tax on interest income from…
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The lower the ratio, the more limited the fiscal capacity becomes, which means a dependence on borrowings or foreign aid to raise funds for the yearly budget.
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