Tag: BIR

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ECCP sees BIR audit overhaul boosting business confidence

Economy Context.ph Context.ph -
The European Chamber of Commerce of the Philippines (ECCP) has thrown its support behind the Bureau of Internal Revenue’s (BIR) latest audit reforms, saying...

BIR pilots digital trade window, streamlines import process

Communications & Technology Context.ph Context.ph -
Bureau of Internal Revenue has joined the pilot rollout of the Department of Information and Communications Technology–led National Single Window–Integrated Trade Facilitation Platform (NSW-ITFP), marking a key step in the government’s push to digitize trade documentation and strengthen tax administration.

BOC-led raid nets P1.7-B illicit cigarette haul

Trade & Investments Context.ph Context.ph -
A major multi-agency crackdown has led to one of the Philippines’ largest recent seizures of illicit tobacco, with authorities intercepting 23 containers of smuggled...

BIR offers ‘clean slate’ tax reset for micro firms

Economy Context.ph Context.ph -
The Bureau of Internal Revenue (BIR) has rolled out a one-time tax amnesty-style program for micro taxpayers, offering thousands of small businesses a chance...

Alliance targets P141B revenue drain from illegal trade

Economy Context.ph Context.ph -
A broad alliance of government agencies and industry groups is stepping up efforts to curb illicit trade, targeting an estimated P141 billion in lost revenues over the past two years through a coordinated enforcement and revenue-protection strategy.
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SEC adopts updated financial reporting standards

Corporate 0
The Securities and Exchange Commission has formally adopted the latest set of financial reporting pronouncements to ensure the country’s reporting framework keeps pace with changing global accounting standards and growing demands for sustainability-related disclosures.

SEC pushes sukuk as new funding option, unveils rules to grow Islamic finance

Top News 0
The Securities and Exchange Commission is set to raise awareness of sukuk as an alternative way for businesses and projects to raise funds, as it works to develop the country’s Islamic finance sector and encourage more Shari’ah-compliant investment products.

SB19 turns global fame into Philippine tourism draw

Sports & Entertainment 0
There was a time when travel brochures did the heavy lifting. Today, a viral music video, a sold-out concert and an army of devoted fans can inspire plane tickets faster than any postcard ever could.

IGNITE Power-SOCOTECO II conditional JV gets strong backing from coop members

Energy & Mining 0
Over 32,000 member-consumer-owners (MCOs) of South Cotabato II Electric Cooperative (SOCOTECO II) overwhelmingly endorsed the cooperative's proposed conditional joint venture agreement (CJVA) with power firm IGNITE Power, moving the utility a step closer to a partnership aimed at modernizing its aging distribution system.

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