Tag: BIR

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 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.

BIR expands VAT-exempt drug coverage to 2,263 medicines

Economy Context.ph Context.ph -
The Bureau of Internal Revenue (BIR) has released an updated list of value-added tax (VAT)-exempt medicines, expanding coverage to 2,263 drugs under Republic Act No. 10963 or the TRAIN Law and Republic Act No. 11534 or the CREATE Act, in a move aimed at easing healthcare costs for Filipino patients.

DocTax highlights clarity gap as tax deadline looms

Economy Context.ph Context.ph -
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.
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One Ayala Towers raise bar for green offices 

Property 0
Ayala Land Offices is raising the sustainability benchmark for premium office developments after all three towers of One Ayala secured both LEED and EDGE Zero Carbon certifications, giving the Makati complex a stronger edge as companies increasingly prioritize environmentally responsible workplaces.

Marcoleta surrenders as non-bailable plunder case unfolds

Context Dispatch 0
Senator Rodante Marcoleta surrendered to the Sandiganbayan on Monday and is now under police custody after the anti-graft court issued a warrant for his arrest in connection with a non-bailable plunder case over the alleged nondisclosure of P75 million in campaign contributions. Interior and Local Government Secretary Jonvic Remulla personally supervised the warrant's implementation at the court. Former congressman Mike Defensor and two businessmen named as co-accused have yet to be arrested. The case marks a major escalation in one of the country's highest-profile corruption cases, with the Sandiganbayan finding probable cause to proceed with the charges while Marcoleta continues to enjoy the presumption of innocence.

ACEN taps partner for India wind project expansion

Energy & Mining 0
ACEN Corp. is bringing in a strategic partner for one of its wind projects in India as it continues to recycle capital while expanding its renewable energy footprint overseas.

Phoenix pumps more assets into the recovery tank

Opinion 0
Every gas station has two values: the fuel it...

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