Under RMC No. 97-2021, content creators must report the fair market value of nonmonetary compensation alongside their cash earnings.
What happens if they don’t?
Though tax relief may not translate to lower LPG prices.
Iconic Quezon Avenue restaurant eyes Sept. 22 reopening as staff clean up.
Filipino worker discovers TIN mismatch while preparing documents for a Pag-IBIG housing loan.
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.
House Bill No. 9564 has reignited discussions on whether other everyday essentials should also be spared from VAT.
BIR expands tax-free medicine coverage for cancer, diabetes, hypertension, and other long-term treatments.
As the government prepares new revenue measures, the World Bank says tax changes should raise collections without hurting growth, distorting markets, or adding pressure on Filipinos and businesses.
