The Bureau of Internal Revenue (BIR) issued a final call to taxpayers to settle their obligations on Friday, May 15, the end of the one-month extension for the 2025 tax year. In a statement, BIR Commissioner Charlito Martin R. Mendoza urged the public to utilize electronic channels to complete...
The House of Representatives under its Speaker, Isabela 6th district Rep. Faustino "Bojie" Dy III approved on second reading three key measures during plenary session Wednesday, May 13 as the chamber accelerates work during the tail end of the first regular session. Given penultimate passage via...
The Bureau of Internal Revenue (BIR) exceeded its collection target for April, defying the potential slowdown from a deadline extension for annual income tax filings (AITRs). In a statement on Thursday, May 14, the agency reported that it collected ₱422.38 billion in gross revenues last month,...
The Bureau of Internal Revenue (BIR) is pivoting its enforcement strategy toward high-value targets, effectively abandoning the pursuit of small-scale tax delinquents where the cost of collection exceeds the potential recovery. BIR Commissioner Charlito Martin R. Mendoza issued Revenue Memorandum...
A total of 41 congressmen from different political parties have taken a stand against online platforms that are allegedly being used for intimidation, coercion, disinformation, and financial demands under the guise of media or public commentary. This, as Tingog Party-list Rep. Jude Acidre led the...
ABS-CBN Corp. asked to be excluded from an escalating legal battle within its controlling family, following allegations by board director Federico “Piki” R. Lopez that the media company’s top executives dissipated corporate funds. ABS-CBN issued a statement on Friday, May 8, urging the public...
K-pop boy group Cortis has achieved a major commercial milestone as its second mini-album “GreenGreen” surpassed 2 million copies sold just four days after its release. Released on May 4 under BIGHIT MUSIC , the album arrived eight months after the group’s debut mini-album “Color Outside...
It has been nearly 10 weeks since the eruption of the Middle East conflict, which has negatively impacted the world economy, completely disrupted what was otherwise smooth-sailing business outlook at the onset of the year, and drastically altered our daily lives. The conflict is wreaking commercial...
The camp of former House Speaker Leyte 1st district Rep. Martin Romualdez has slammed Franco Mabanta for "twisting the narrative" of his own arrest, which resulted from the alleged extortion of P350 million. Lawyer Elaine Atienza, Romualdez 's spokesperson, rejected the Peanut Gallery Media...
ABS-CBN Corp. Board Director Federico R. Lopez is seeking a regulatory investigation into the media company’s top leadership, alleging the “squandering” of corporate assets and a “conscious and intentional design” to siphon funds through exorbitant executive pay despite spiraling losses....
The arrest of social media personality Franco Mabanta has nothing to do either with the freedom of the press or the freedom of expression, but more of using those freedoms to illegally gain money, a top official of the National Bureau of Investigation (NBI) said on Wednesday, May 6. In the case of...
The Bureau of Internal Revenue (BIR) is requiring online merchants and digital content creators to conspicuously display the standardized registration badge on their portals, stepping up efforts to monitor the fast-growing digital economy and secure the nation’s tax base. Under Revenue Memorandum...