Tuesday, May 19, 2026
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Tag: Tax

BOC overshoots tax target by P5.189b

THE Bureau of Customs (BOC) has exceeded its revenue collection target for January to August 2024 by P5.189 billion. Data revealed by the bureau showed...

New ordinance offers amnesty for delinquent property taxes

Bayombong, Nueva Vizcaya – A new ordinance bringing significant relief to property owners with unpaid taxes has been passed by the Sangguniang Panlalawigan of...

P35-m smuggled agri items seized in Navotas

THE Bureau of Customs (BOC) on Monday announced the seizure of smuggled agricultural products during a raid in two storage facilities in Dagat-Dagatan, Navotas...

House panel approves Yulo tax exemption

House of Representatives Committee on Ways and Means Chair, Albay Rep. Joey Salceda, on Monday approved a substitute bill providing tax exemptions for donations...

Campos aims to make night shift differential pay tax-free for graveyard shift workers

Makati City Rep. Luis Campos, Jr. wants to free the night shift differential pay from taxes, so that employees may fully enjoy the additional...

Elevating Philippine Tax Expertise Globally

Mon Abrea takes on his new role as Chief Tax Advocate and Senior Advisor on Tax Policy Reforms. Abrea will lead ACG’s collaborations with...

PH fintech startup Beppo bolsters services with tax & bookkeeping acquisitions

Philippine fintech startup Beppo has secured funding to acquire JuanTax, a tax platform, and five bookkeeping firms. This aims to address the growing demand...

BIR warns vs. syndicate offering to fix tax issues

BUREAU of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. warns the taxpaying public to avoid dealing with unscrupulous individuals that act as “fixers” for...

Gov’t won’t impose new taxes—Recto

The Department of Finance (DOF) said Wednesday it is recalibrating its tax proposals and would no longer impose new taxes in the face of...

UK millionaire says rich people like him should be taxed more

A rich Briton is among a group of millionaires in Davos pushing for governments to tax those like him more in order to bridge...

Gov’t may allow industrial users to import sugar

FINANCE Secretary Benjamin Diokno said over the weekend that allowing industrial users to directly import their own sugar requirement will serve as the “sweetener”...

BARMM top tax-remitting agencies lauded in BIR 2022 yearend report

Cotabato City— Five agencies of the Bangsamoro Government were cited in a yearend report of the Bureau of Internal Revenue as top tax-remitting public...

CamSur solons eye higher taxes on private guns

Camarines Sur Rep. Luis Raymund Villafuerte on Saturday pushed for the passage of a bill imposing stiff taxes on gun owners in order to...

EU windfall taxes on oil and gas to reach $2b, says Shell

London—British energy giant Shell on Friday said windfall taxes imposed by the European Union and UK following a surge in profits would cost the...
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