Monday, December 15, 2025
Today's Print

Tag: Tax

The P124-b hole in PH’s health system

This is graphic robbery in broad daylight RATHER disturbing, if frighteningly sad. The government has lost P123.7 billion to smoke. Not to fire, but to cigarettes—smuggled,...

DOF thanks Lumagui, welcomes new BIR chief

Department of Finance (DOF) Secretary Ralph Recto on Thursday welcomed former Department of Finance (DOF) Undersecretary Charlito Mendoza as the new head of the...

BIR tax collection rose 14% to P1.55 trillion, topped first-half target

MANILA, Philippines—The Bureau of Internal Revenue (BIR) said Friday it surpassed its collection targets for both June and the first half of 2025. BIR Commissioner...

Slower GDP growth, illicit trade threaten BIR tax collection goal

The Bureau of Internal Revenue (BIR) faces a challenging path to hitting its P3.23-trillion full-year collection target, as the agency contends with high goals...

BIR, LandBank team up for digital service tax portal

The Bureau of Internal Revenue (BIR) tapped Land Bank of the Philippines to create the Value-Added Tax on Digital Services (VDS) Portal. The platform will...

Philippine travel tax payment integrated into eGovPH super app and eTravel system

The government has integrated its travel tax payment facility into the eGovPH Super App and eTravel System to streamline outbound travel procedures and advance...

US tax to cut Philippine remittances by 0.05% of GDP

A 1-percent tax on remittances from the United States is expected to have minimal effects in developing Asia, including the Philippines, the Asian Development...

Marcos open to tax e-gaming

As admin intensifies crackdown vs. illegal online gambling sites President Ferdinand Marcos Jr. is supportive of proposals to regulate and possibly tax online gaming platforms,...

9 more medicines now exempt from value added tax, says BIR

The Bureau of Internal Revenue (BIR) has exempted nine more medicines from value-added tax (VAT), it said in a circular dated June 11, 2025. Revenue...

BIR simplifies VAT refund claim process

The Bureau of Internal Revenue (BIR) said it streamlined the documentary requirements for value-added tax (VAT) refund claims, in line with the CREATE MORE...

CPG’s profit up16% to P473min three months

Century Properties Group Inc (CPG) said Tuesday its net income after tax (NIAT) grew 16 percent to P473 million in the first quarter of...

Sin tax coalition

Doctors, medical professionals, and health advocates gather at the Lung Center of the Philippines Auditorium in Quezon City to call on 2025 election candidates...

Gov’t budget surplus hit P68.4b in January on 10% revenue growth

The national government’s budget surplus saw a 22.27-percent year-on-year decline to P68.4 billion in January 2025 from a year ago, as the 19.4-percent expenditure...

BOC urges luxury car owners to pay taxes to avoid seizure

The Bureau of Customs (BOC) is urging importers and claimants of luxury cars valued at P2.8 billion, which were impounded following a series of...
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