Apart from ongoing preparations for the possible implementation of the global top-up tax, the Bureau of Internal Revenue (BIR) continues to prepare for other emerging tax measures, including a new mining royalty regime, real property valuation reforms, and cross-border duties. These preparations...
The government expanded its primary tax advisory council to include major foreign business chambers, aiming to smooth friction between corporations and state auditors while accelerating digital compliance reforms. The Bureau of Internal Revenue (BIR) renewed its multi-sectoral consultative...
The Bureau of Internal Revenue (BIR) has dismantled its specialized value-added tax (VAT) audit units, executing a major structural overhaul designed to boost collections and eliminate overlapping enforcement that previously fueled allegations of corruption. BIR Commissioner Charlito Martin R....
Tax revenue collection benefited from the extended filing season, driving the Bureau of Internal Revenue’s (BIR) year-to-date collections to ₱1.43 trillion as of end-May—up from the ₱1.35 trillion recorded in the same period in 2025. This 5.5-percent increase in cumulative revenues for the...
Government preparations for the possible implementation of the proposed global top-up tax are ongoing, as large multinational enterprises (MNEs) have expressed a preference to settle the 15 percent global minimum tax in the Philippines rather than comply with “unfamiliar rules” abroad. Bureau...
Foreign digital service providers operating in the country cannot leverage international double tax agreements to avoid the nation’s 12 percent value-added tax (VAT), according to the Bureau of Internal Revenue (BIR). The tax authority clarified that bilateral tax treaties strictly apply to...
The Bureau of Internal Revenue (BIR) has filed separate criminal complaints before the Department of Justice (DOJ) against three companies and an individual for allegedly failing to pay a total of ₱58.5 million in taxes, penalties, and surcharges. Charged with willful failure to pay internal...
The Bureau of Internal Revenue (BIR) has overhauled the rules for dissolving corporate entities and cancelling tax registrations, introducing a fast-track system that slashes processing times to as little as three working days for smaller enterprises. The tax agency issued Revenue Memorandum...
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 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...
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...
