Friday, December 26, 2025
Today's Print

Tag: Tax

Gov’t budget surplus hit P68.4b in January on 10% revenue growth

The national government’s budget surplus saw a 22.27-percent year-on-year decline to P68.4 billion in January 2025 from a year ago, as the 19.4-percent expenditure...

BOC urges luxury car owners to pay taxes to avoid seizure

The Bureau of Customs (BOC) is urging importers and claimants of luxury cars valued at P2.8 billion, which were impounded following a series of...

BIR launches 2025 national tax campaign

The Bureau of Internal Revenue launched its 2025 national tax campaign on Feb. 4, 2025 at the Philippine International Convention Center in Pasay City....

SC clarifies VAT refund deadlines

The Supreme Court on Wednesday clarified the prescriptive periods for filing value-added tax (VAT) refund claims with the Commissioner of Internal Revenue (CIR). In CIR...

BIR bullish on meeting 2025 tax collection target of P3.23t

The Bureau of Internal Revenue (BIR) expects to meet its 2025 tax collection target, citing intensified compliance efforts and ongoing digitalization initiative. BIR Commissioner Romeo...

SC: Tax case acquittal doesn’t erase obligation to pay

The Supreme Court (SC) on Friday said being acquitted of a criminal tax violation does not automatically exempt a taxpayer from paying unpaid taxes. In...

UK plans to tax private schools

LONDON—The UK will end a tax exemption for private schools on Wednesday, the center-left Labor government has announced, in a move set to raise...

‘Tax breaks await firms that reskill, up skill workers

Generous tax breaks await businesses partnering with the government on the enterprise-based education and training (EBET) of workers and students to reskill or upskill...

BOC overshoots tax target by P5.189b

THE Bureau of Customs (BOC) has exceeded its revenue collection target for January to August 2024 by P5.189 billion. Data revealed by the bureau showed...

New ordinance offers amnesty for delinquent property taxes

Bayombong, Nueva Vizcaya – A new ordinance bringing significant relief to property owners with unpaid taxes has been passed by the Sangguniang Panlalawigan of...

P35-m smuggled agri items seized in Navotas

THE Bureau of Customs (BOC) on Monday announced the seizure of smuggled agricultural products during a raid in two storage facilities in Dagat-Dagatan, Navotas...

House panel approves Yulo tax exemption

House of Representatives Committee on Ways and Means Chair, Albay Rep. Joey Salceda, on Monday approved a substitute bill providing tax exemptions for donations...

Campos aims to make night shift differential pay tax-free for graveyard shift workers

Makati City Rep. Luis Campos, Jr. wants to free the night shift differential pay from taxes, so that employees may fully enjoy the additional...

Elevating Philippine Tax Expertise Globally

Mon Abrea takes on his new role as Chief Tax Advocate and Senior Advisor on Tax Policy Reforms. Abrea will lead ACG’s collaborations with...
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