Families with unpaid estate taxes only have until June 16 to settle their obligations under the Bureau of Internal Revenue’s (BIR) amnesty program. In a tax advisory, the BIR said the deadline for ...

The Bureau of Internal Revenue (BIR) has issued an updated list of medicines that are exempt from the 12-percent value-added ...

In reference to our Tax Notes article published on Feb. 4, 2025, titled “Implementing Rules and Regulations on VAT on Digital ...

The Bureau of Internal Revenue has released the implementing rules and regulations of the new personal income tax rates under the Tax Reform for Acceleration and Inclusion (TRAIN) Act. Deputy ...

The Bureau of Internal Revenue (BIR) issued RMC 89-2016 lifting the suspension of audit for RATE cases in late August. Can you please discuss what is RATE and its difference with the regular audit ...

In January, the BIR already issued the RRs for the increase in excise taxes on minerals, cigarettes, and vehicles as well as documentary stamp tax rates under the TRAIN Law. As for RR 8-2018 ...

FOR seven consecutive months this year, the Bureau of Internal Revenue (BIR), under the leadership of Commissioner Romeo D. Lumagui Jr., has achieved a 100-percent resolution rate and a 100 ...

MANILA, Philippines – To shore up collections from the two-tier excise tax on vapes, the Bureau of Internal Revenue (BIR) is studying how to slap the higher rate by default unless vape ...

MANILA, Philippines — The Bureau of Internal Revenue has put on hold a tax rate hike on private schools ... the Department of Finance to suspend the BIR policy as they tackle the proposed ...

Sherwin Gatchalian expressed alarm over the Bureau of Customs’ low conviction rate for tobacco smuggling ... Similar trends at BIR. The Bureau of Internal Revenue (BIR), meanwhile, has faced ...

Revenue Regulations No. 5, the BIR outline a risk-based approach in verifying VAT refund ... Meanwhile, Revenue Regulations No. 6 imposes reduced interest rates and penalties for micro and small ...