Tag: Bureau of Internal Revenue (BIR)

BIR cites impact of tobacco excise tax halt on govt revenue goals 

Calls for a moratorium on excise taxes on tobacco products must not be put in place unless adjustments are made to the government’s excise...

BIR estimates tobacco 2024 tax revenues at $7.3B

The Bureau of Internal Revenue (BIR) estimates that revenues from the tobacco industry may have reached $7.3 billion in 2024.  The BIR gave no comparative...

Probe of BIR requirement of TIN for coops sought

SEN. Sherwin Gatchalian yesterday said he would seek an inquiry into a Bureau of Internal Revenue (BIR) requirement that threatens the tax exemption privileges...

Solons accuse certain groups of undermining anti-illicit trade bill

LEGISLATORS said certain groups are spreading misinformation to undermine a bill that seeks to combat illicit trade and bolster revenue collections. Deputy Speaker and Ilocos...

BIR sees P2.8T 2024 target surpassed 

The Bureau of Internal Revenue (BIR) expects its 2024 collections to surpass the P2.848 trillion target set by the Development Budget Coordination Committee (DBCC),...
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Bank lending surges anew in December, up 12.2%

Lending by Philippine banks posted double-digit growth in December,...

MERALCO hikes rates by P0.2834/kWh

The Manila Electric Co. (Meralco) has increased its rates by P0.2834 ...

Nickel miners’ group bets on 10-15% increase in 2025 productivity

The Philippine Nickel Industry Association (PNIA) is betting on...

PH, Cambodia sign agri, tax, business pacts

The Philippines and Cambodia have signed agreements to strengthen...
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