Tag: BIR

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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.

BIR fast-tracks PNOC fuel imports amid crisis

Energy & Mining Context.ph Context.ph -
The Bureau of Internal Revenue (BIR) has expedited the emergency importation of petroleum products by PNOC Exploration Corporation (PNOC-EC), issuing a special permit through its Large Taxpayers Service (LTS) to accelerate the transaction under a declared energy emergency.

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.
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Taway wins new term to advance ₱30-B APECO investments

Corporate Bulletins 0
Aurora Pacific Economic Zone and Freeport Authority (APECO) chief executive Gil G. Taway IV has secured another three-year term, with the agency under pressure to turn its P30-billion investment pipeline into operating projects, new jobs and infrastructure in Aurora province.

UPS opens $80-M Clark air hub, creates 600 jobs

Transport & Logistics 0
United Parcel Service (UPS) opened its USD80-million international air hub at Clark International Airport in Pampanga on Thursday, October 15, boosting the Philippines’ cargo capacity as the government seeks to reduce logistics costs and attract more investment.

DA seeks wider toll operator support as MPTC reinstates agri transport rebate program

Agriculture 0
The Department of Agriculture (DA) is calling on more tollway operators to join its agricultural transport rebate program, building on the early participation of Metro Pacific Tollways Corp. (MPTC) as the government moves to cushion farmers and consumers from rising fuel costs and help stabilize food prices.

Resilient cables need stronger gov’t-industry ties

Communications & Technology 0
The PLDT Group is calling for deeper partnership between the government and private sector to make the country’s subsea cable network stronger and more reliable.

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