Tag page - income tax

As the Bureau of Internal Revenue (BIR) ramps up digitalization initiatives, the Department of Finance (DOF) reported that nearly all income tax returns (ITRs) were filed online during the last tax filing season. In a statement released by the DOF on Thursday, June 3, it cited a BIR report stating...

Senator Sherwin Gatchalian proposed on Saturday, May 8, deductions to taxes imposed on workers who have been telecommuting to make up for their expenses for working at home. Senator Sherwin Gatchalian (Senate of the Philippines/MANILA BULLETIN File Photo) Gatchalian issued the call as he cited the...

Top tier incentives, primarily a six-year income tax holiday (ITH), is being sought for energy efficiency projects especially those that shall be undertaken by energy service companies (ESCOs). That has been the call put forward by the Philippine Energy Efficiency Alliance (PE2) in its meeting with...