Tag: DOF

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BIR resets audits with tighter, fairer rules

Banking & Insurance Context.ph Context.ph -
The Bureau of Internal Revenue (BIR) is rebooting its audit regime, promising fewer surprises and more predictability for taxpayers as field audits officially resume. 

CARS incentives finally shift into gear 

Economy Context.ph Context.ph -
Government incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program could finally begin flowing this year, with funding initially sourced from declared savings of the Department of Public Works and Highways (DPWH).

DOT, DOF untangle tourism tax rules

Travel & Tourism Context.ph Context.ph -
The Department of Tourism (DOT) and the Department of Finance (DOF) are moving to calm nerves across the travel industry, forming a technical working group (TWG) to address tax concerns triggered by a sweeping new revenue regulation.

Business groups back DOF tax audit reforms

Economy Context.ph Context.ph -
Support for reforms initiated by the Department of Finance at the Bureau of Internal Revenue is gaining momentum, with leading business groups hailing the measures as a confidence boost for investors and a reset for tax administration.

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Remittances hit $2.8B in February, supporting the economy

Banking & Insurance 0
Cash remittances from overseas Filipinos reached $2.79 billion in February 2026, bringing total inflows for the first two months of the year to $5.81 billion, a 3.1 percent increase from the same period in 2025.

ABS-CBN pushes back vs allegations, cites record of employee support

Corporate 0
ABS-CBN pushed back on Wednesday against what it said as continued public relations attacks linked to an internal family dispute over the company’s future.

Shopee, Police Partner to boost families’ online livelihoods

Corporate Bulletins 0
Shopee Philippines has partnered with the Philippine National Police Eastern Police District to roll out digital livelihood training for police families, tapping e-commerce as a pathway to supplemental income and financial resilience.

DA launches ₱10B cash aid for farmers, fisherfolk

Agriculture 0
The Department of Agriculture (DA) has started distributing a ₱10-billion cash assistance program to help farmers and fisherfolk cope with rising fuel and production costs.

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