Tag: BIR

Browse our exclusive articles!

BIR collections surge in May on extended filing

Banking & Insurance Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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).

 PCCI hails new BIR rules, relief for MSMEs

Economy Context.ph Context.ph -
 The Philippine Chamber of Commerce and Industry (PCCI) has welcomed the Bureau of Internal Revenue’s (BIR) new streamlined business closure rules, calling them a...

Travel agencies urge clearer BIR tax rules

Travel & Tourism Context.ph Context.ph -
A leading Philippine travel association is pressing the government to clarify tax rules for agency transactions, warning that inconsistent interpretations by Revenue District Offices (RDOs) are driving up compliance costs and sparking audit disputes.

Marcos moves tax filing deadline to May 15

Top News Context.ph Context.ph -
President Ferdinand Marcos Jr. has approved a one-month extension for the filing of 2025 Annual Income Tax Returns (AITRs), moving the deadline from April 15 to May 15, 2026, in a bid to ease compliance and give taxpayers more preparation time.
123...5Page 2 of 5

Popular

NFA steps up palay purchases as wet-season support prices rise

Agriculture 0
The Department of Agriculture (DA) confirmed that the National Food Authority (NFA) is expanding its palay procurement efforts to boost the country’s rice buffer stocks.

Another round of steep fuel price hikes expected this week

Energy & Mining 0
Local fuel retailer Jetti Petroleum has warned that another significant increase in pump prices for gasoline and diesel is set to take place this week.

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.

Subscribe

spot_imgspot_img