Tag: BIR

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Business applauds BIR’s clean up drive

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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.

PCCI backs BIR’s modernized audit reforms, urges consistent rollout

Economy Context.ph Context.ph -
The Philippine Chamber of Commerce and Industry (PCCI) has welcomed the Bureau of Internal Revenue’s (BIR) move to lift the suspension on tax enforcement activities and roll out a modernized audit framework, calling the reforms a major step toward a more transparent, predictable, and fair tax system.

BIR fast-tracks incentives with dedicated RBE tax service

Economy Context.ph Context.ph -
The Bureau of Internal Revenue (BIR) has launched a dedicated service for Registered Business Enterprises (RBE), a move aimed at translating the CREATE MORE Act’s incentives from policy into day-to-day practice.
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ADB: Philippines stays course despot inflation surge

Economy 0
Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday. 

Alsons Power highlights need for timely outage reporting

Energy & Mining 0
Alsons Power Group emphasized the importance of promptly reporting power outages to maintain stable and reliable operations.

DigiPlus profit in Q1 falls as access rules bite

Corporate 0
DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.

DICT targets up to 80% cut in broadband costs by 2028

Communications & Technology 0
The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.

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