Tag: BIR

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DocTax highlights clarity gap as tax deadline looms

As the April 15 filing deadline approaches, fintech firm OneCFO Group is drawing attention to a persistent hurdle among Filipino taxpayers: turning available tax information into clear, practical guidance.

BIR fast-tracks PNOC fuel imports amid crisis

The Bureau of Internal Revenue (BIR) has expedited the emergency importation of petroleum products by PNOC Exploration Corporation (PNOC-EC), issuing a special permit through its Large Taxpayers Service (LTS) to accelerate the transaction under a declared energy emergency.

Business applauds BIR’s clean up drive

The Makati Business Club has thrown its support behind a bold internal crackdown at the Bureau of Internal Revenue, welcoming the filing of cases against 25 revenue personnel accused of misusing Letters of Authority.

BIR rolls out friendly nationwide tax audits

In a shift from stern audits to street-level support, the Bureau of Internal Revenue (BIR) fanned out across the country on February 23 for a Nationwide Simultaneous Friendly Tax Compliance Verification Drive (TCVD), putting dialogue ahead of discipline.

Full digitalization seen restoring trust in tax system

Tax reform advocate Mon Abrea is pressing for full digitization and structural overhaul to rebuild confidence in the Philippine tax system, arguing that credible reform is key to unlocking investment.

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PCC flags rice trade data-sharing risks amid cap

The Philippine Competition Commission has warned rice importers against sharing sensitive trade information as it monitors compliance with the government’s temporary rice price cap, stressing that businesses must make independent market decisions to preserve fair competition.

Upson boosts store productivity despite fewer branches

Upson International Corp. improved retail productivity in 2025 despite ending the year with fewer stores, as stronger same-store sales and higher margins offset a network rationalization strategy, company president and chief executive officer Arlene Louisa Sy said.

Filinvest Land leasing revenues rise amid mall growth

Filinvest Land, Inc. said its mall business continued to strengthen in the first quarter, with leasing revenues climbing 17 percent year-on-year to P744 million as higher tenant occupancy and stronger consumer traffic boosted recurring income.

Chinese firms eye Philippines EV, energy expansion

The Philippines is drawing renewed investment interest from Chinese companies involved in electric vehicles (EVs), renewable energy, manufacturing and telecommunications infrastructure, according to Trade Secretary Cristina Roque.

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