GTBA urges travel tax reform, rejects abolition
The Global Tourism Business Association is proposing a uniform P500 Philippine travel tax, exemptions for seniors, persons with disabilities and students, and…
· 2 MIN READ
Topic
Tax
Latest Daily Tribune news and analysis on Tax.
IMF warns fuel tax cuts favor upper-income households
Any suspension of excise taxes on gasoline and diesel would only benefit upper-income households, despite the waiver of such taxes on liquefied petroleum gas…
· 2 MIN READ
BIR suspends excise taxes on LPG, kerosene
The BIR has renewed the suspension of excise taxes on LPG and kerosene following a surge in global crude oil prices above the $80-per-barrel threshold,…
· 2 MIN READ
World Bank: tax reforms could unlock 7.1% of GDP in fiscal gains
The Philippines could unlock fiscal gains equivalent to as much as 7.1 percent of gross domestic product (GDP) by improving tax collection, government spending…
· 2 MIN READ
BIR tax refunds nearly double to P23.7B
The BIR released P23.67 billion in tax refunds from January to September 2026, up 90.6 percent from the same period last year.
· 1 MIN READ
Palace blasted over fuel tax tack
Sen. Bam Aquino is calling for the suspension of fuel excise taxes and VAT as high fuel prices continue to burden drivers, commuters, farmers, fisherfolk and…
· 2 MIN READ
Go signs resolution suspending LPG, kerosene taxes anew
Finance Secretary Frederick Go said he has signed the resolution suspending excise taxes on liquefied petroleum gas (LPG) and kerosene for another 90 days as…
· 2 MIN READ
Ice cream tax
We’re already taxing ice cream, by the way. You buy it, there’s the VAT. You import it, there are customs duties and import VAT. Ice cream has never learned…
· 3 MIN READ
BIR month-long nationwide crackdown nets billions
The BIR seized illicit vape products and uncovered P1.54 billion in estimated tax liability during a nationwide crackdown on tax violations and noncompliant…
· 1 MIN READ
Oil price breach opens door to excise tax relief
The DoE has triggered the process for possible petroleum excise tax relief after Dubai crude averaged $99.41 per barrel, above the $80 legal threshold.
· 2 MIN READ
DOF eyes ice cream, yogurt under SB tax
The Department of Finance (DOF) has proposed expanding the coverage of the country’s sweetened beverage (SB) tax to include ice cream, frozen yogurt and other…
· 2 MIN READ
DoF awaits DoE nod for fuel tax suspension
‘The Secretary is just waiting for the certification from the Department of Energy that the price of Dubai Crude Oil has exceeded the threshold.’
· 2 MIN READ
DOF awaits DOE nod for fuel tax suspension
The Department of Finance (DOF) said it is awaiting certification from the Department of Energy (DOE) that Dubai crude prices have breached the $80-per-barrel…
· 2 MIN READ
BIR allows VAT refunds for exporters in transition
The BIR clarified that qualified export-oriented enterprises may claim VAT refunds on eligible purchases and imports made while awaiting zero-rating…
· 2 MIN READ
Government capable of meeting public debt obligations — Palace
The Philippine government says revenues remain sufficient to service its rising public debt as tax reforms seek to strengthen revenue collection and economic…
· 2 MIN READ
Go flags PhilHealth sin tax funding gaps, seeks full compliance in 2027
Sen. Bong Go urges full compliance with sin tax earmarking for PhilHealth by 2027, warning against funding gaps that undermine Universal Health Care. Learn how…
· 2 MIN READ
DoF begins progress on ProGRESS bill
The agency has started public consultations across the country on the proposed bill involving a tax reform package combined with relief from taxes with new…
· 2 MIN READ
