Tag: BIR

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

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

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

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.

BIR collections surge in May on extended filing

The Bureau of Internal Revenue (BIR) posted stronger-than-expected revenue collections in May, buoyed by the extended tax filing season and continued taxpayer compliance despite disruptions caused by the recent energy crisis.

BIR unveils portal to simplify corporate taxes

The government is stepping up its digital reform drive to make tax compliance faster, simpler, and less burdensome for the country’s biggest taxpayers, with the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) launching a centralized Taxpayer Portal for firms under the Large Taxpayers Service (LTS).

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Phoenix pumps more assets into the recovery tank

Every gas station has two values: the fuel it...

Sandiganbayan issues arrest warrants vs Marcoleta, Defensor 

The anti-graft court Sandiganbayan on Monday issued arrest warrants against Senator Rodante Marcoleta, former Congressman Mike Defensor, and two others just days after the Ombudsman filed plunder complaint over P75 million in unreported campaign contributions. Plunder is a non-bailable crime, which could rob Marcoleta of participation in the impeachment trial of his ally, Vice President Sara Duterte, which starts late Monday. The Ombudsman had also charged the four of alleged violation of Presidential Decree No. 46, which prohibits public officials from receiving gifts. The court also issued a Hold Departure Order against the four.

Skyway adds wings as Clark cargo climbs

Skyway Airlines is expanding more than its fleet. It is reinforcing Clark's emergence as one of the country's fastest-growing logistics gateways.

El Niño reducing Magat water level, fishery losses hits P100M

The early effects of El Niño are beginning to bite, with fishery losses in the Magat Dam area swelling to an estimated P100 million as receding water levels trigger fish kills in Ifugao and Isabela.

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