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Collections hit ₱ 2.87T, led by BIR and BOC.
National Government’s July deficit jumped from ₱18.9 billion a year ago as spending growth outpaced revenue growth.
Filipino worker discovers TIN mismatch while preparing documents for a Pag-IBIG housing loan.
Understanding tax residency status is essential for Filipinos who earn income from foreign companies.
JTI Philippines calls for harmonized ASEAN rules as illicit tobacco trade grows, while Philippine agencies step up efforts to seize and destroy illegal cigarette products.
Tax collections rose 5.4% from a year earlier and came in ahead of the BIR’s target for the period.
The extension gives affected taxpayers more time to comply while prioritizing their safety.
BIR expands tax-free medicine coverage for cancer, diabetes, hypertension, and other long-term treatments.
Subsidies, tax relief, and social discounts should be judged by both their immediate fiscal cost and their longer-term economic impact.
