Taxes

The Philippines Underscores Tax Reform Efforts Aimed at Inclusive Economic Recovery at the United Nations

In delivering the national statement at the 2022 ECOSOC Financing for Development (FfD) Forum held in a hybrid format at the UN Headquarters on 25-28 April 2022, Finance Undersecretary Antonette…

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The Economy

BIR extends tax filing and payment deadline for taxpayers under ECQ and MECQ

The Bureau of Internal Revenue has extended the deadline of filing of returns and payment of taxes, as well as submission of reports and attachments, that fall within the period…

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Technology

Bureau of Internal Revenue employs Chatbot app to answer taxpayer queries 24/7

Do you have any tax-related query for the Bureau of Internal Revenue? It can now be answered anytime, anywhere by the Bureau’s Digital Assistant, named REVIE! Revie is a Chatbot application…

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Entrepreneur

Strong new package of tax breaks and incentives for Philippine manufacturers

A range of new financial measures and incentives are now available to manufacturers in the Philippines, thanks to new legislation recently signed into law. The ‘Bayanihan 2 Act’ is aimed…

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Entrepreneur

Tax incentives approved for tourism sector

The Philippine Board of Investments (BOI) recently approved tax incentives for tourism enterprises that will upgrade and modernize their facilities for safety and health purposes said Department of Tourism Secretary…

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The Economy

Economic reform bill ‘CREATE’ aims to fuel investments, save and create new jobs for the Philippines

Department of Finance Secretary Carlos Dominguez III said on Tuesday, May 26 that now is the best time to reform corporate taxation and modernize the country’s investment incentives system by…

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The Economy

Bureau of Internal Revenue extends tax filing deadline to May 15, urges taxpayers to file early to support fight vs COVID-19

Manila — The Bureau of Internal Revenue (BIR) has extended the deadline for the filing of the 2019 annual Income Tax Returns (ITRs) by a month to May 15, 2020,…

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Entrepreneur

No more export and nationality bias with Senate CITIRA Bill—DTI Chief

Trade Secretary Ramon M. Lopez lauded the Senate version of the Corporate Income Tax Incentives and Rationalization Act (CITIRA) sponsored by Senator Pia Cayetano. The new bill not only balances…

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The Economy

Bureau of Customs clarifies the guidelines on sending duty and tax-free balikbayan boxes

Manila — The Bureau of Customs on Wednesday, December 18, 2019, clarified the guidelines on sending duty and tax-free balikbayan boxes. Under Customs Modernization and Tariff Act (CMTA), returning residents,…

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Entrepreneur

Bureau of Customs reiterates guidelines on duty and tax-free importation

Manila — The Bureau of Customs reiterated on Monday, December 16, 2019 the guidelines on De Minimis importation. The Di Minimis rule means that if the value of the imported…

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The Economy

US-China ongoing trade war is an opportunity for the Philippines

Because the Philippines is the second-best Asian export performer, with a merchandise export growth of 1.2% in the 2nd quarter of 2019, Department of Trade Secretary Ramon Lopez said that…

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To eliminate corruption, President Duterte wants government to adopt gross taxation

Fed up by rampant corruption in the government, President Rodrigo Roa Duterte floated the idea of adopting gross taxation system in the country over net tax collection. The Bureau of…

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The Economy

Davao Oriental PH’s first LGU to implement e-payment for taxes

DAVAO ORIENTAL – In its bid to promote ease of doing business, particularly in the delivery of core treasury services, the Provincial Government of Davao Oriental has recently become the…

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The Philippines Underscores Tax Reform Efforts Aimed at Inclusive Economic Recovery at the United Nations

BIR extends tax filing and payment deadline for taxpayers under ECQ and MECQ

Bureau of Internal Revenue employs Chatbot app to answer taxpayer queries 24/7

Strong new package of tax breaks and incentives for Philippine manufacturers

Tax incentives approved for tourism sector

Economic reform bill ‘CREATE’ aims to fuel investments, save and create new jobs for the Philippines

Bureau of Internal Revenue extends tax filing deadline to May 15, urges taxpayers to file early to support fight vs COVID-19

No more export and nationality bias with Senate CITIRA Bill—DTI Chief

Bureau of Customs clarifies the guidelines on sending duty and tax-free balikbayan boxes

Bureau of Customs reiterates guidelines on duty and tax-free importation

US-China ongoing trade war is an opportunity for the Philippines

To eliminate corruption, President Duterte wants government to adopt gross taxation

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Davao Oriental PH’s first LGU to implement e-payment for taxes

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