
DoF, BIR issue rules granting natgas transactions VAT exemption
The Department of Finance (DoF), upon the recommendation of the Bureau of Internal Revenue (BIR), has issued new revenue regulations granting value-added tax…
· 1 min read
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The Department of Finance (DoF), upon the recommendation of the Bureau of Internal Revenue (BIR), has issued new revenue regulations granting value-added tax…
· 1 min read

Stronghold Insurance Company Inc. is marking its 66th anniversary on 21 March with a major milestone, securing an “Excellent” Philippines National Scale Rating…
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The Senior Citizens Partylist has welcomed the Bureau of Internal Revenue’s (BIR) recent enforcement of Value Added Tax (VAT) removal on the sale and purchase…
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Pulse Asia reported that 59 percent of Filipino adults believe the national government should act urgently to curb inflation.
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As lawmakers in the House of Representatives and the Senate move to pass a bill suspending the excise tax and value-added tax (VAT) on petroleum products, a…
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Exporters are urging the government to reduce the value-added tax on fuel and electricity as rising global oil prices linked to tensions in the Middle East…
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Government officials seeking effective ways to blunt the backlash of the Middle East war on domestic prices said the declaration of a state of national…
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Senator Loren Legarda has unveiled a three-pronged legislative push to lighten the load on Filipino households by overhauling the country’s value-added tax…
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Thanks to Zero Balance Billing, around P75 billion worth of hospital bills were paid out by the government and made free for the public, the Department of…
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The Philippine Competition Commission (PCC) has cleared the proposed joint venture between Lima Land Inc. (Lima Land), a wholly-owned subsidiary of Aboitiz…
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The Philippine Economic Zone Authority (PEZA) said it has approved 52 new and expansion projects worth P35.366 billion during its second Board Meeting on 27…
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Under the Pantawid Pasada Program, beneficiaries receive subsidies only when the average price of Dubai crude oil for the month reaches $80 per barrel.
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Senators on Thursday proposed several proactive measures to help the public cope with the anticipated economic impact of the escalating conflict in the Middle…
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Imposing a Value-Added Tax (VAT) on system loss charges in electricity bills penalizes consumers for electricity they did not use, raising serious legal and…
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House Assistant Minority Leader and Gabriela Women’s Party Rep. Sarah Elago called for the urgent removal of the 12 percent value-added tax (VAT) on basic…
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The Department of Tourism (DoT) has announced Thursday evening that the classification assessment for accommodations is temporarily suspended.
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The Federation of Philippine Industries (FPI) urged policymakers to take a cautious approach to tax reforms aligned with proposals from the Organisation for…
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