The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 20-2026, providing guidelines for the filing of annual income tax returns (AITRs) and payment of taxes for calendar year 2025. BIR Commissioner Charito Martin R. Mendoza said the circular supports the Ease of...
The Bureau of Internal Revenue (BIR) has clarified that income from cross-border services is not automatically subject to Philippine income tax, providing clearer guidance on how such transactions should be evaluated. In Revenue Memorandum Circular (RMC) No. 24-2026, the BIR outlined the proper...
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 23-2026, providing clearer guidelines to streamline the availment of tax incentives for private-sector partnerships in education. The circular clarifies the implementation of Revenue Regulations (RR) No. 13-2025,...
The government is maintaining its ₱360 billion excise tax target for this year, betting on domestic resilience even as the government prepares to potentially sacrifice billions in fuel revenue to offset Middle East oil shocks. This comes despite the likelihood that President Ferdinand Marcos Jr....
The Bureau of Internal Revenue (BIR) clarified that cross-border services, including information technology outsourcing and consulting, are not subject to automatic income tax, easing concerns among multinational firms about the 2024 rule, which appeared to broaden the government’s reach. In a...
The Bureau of Internal Revenue (BIR) has authorized Philippine National Oil Co.-Exploration Corp. (PNOC-EC) to bypass standard customs delays for emergency fuel shipments to stabilize the nation’s energy supply amid worsening domestic crunch. In a statement on Monday, March 30, BIR Commissioner...
In a bid to strengthen tax collection and improve field operations, the Bureau of Internal Revenue (BIR) has rolled out a sweeping leadership reshuffle, reassigning around 40 key officials across the country. The revamp, which covers positions from regional directors down to revenue district...
Manila Mayor Francisco "Isko Moreno" Domagoso met with Housing Investment Committee officials on Wednesday, March 4, to discuss plans on how to further boost the city 's passive income funds collected from the city 's housing projects. Domagoso said the plan aims to create additional...
The Bureau of Internal Revenue (BIR) discussed some of its reforms on Tuesday, Feb. 10, aimed at addressing the alleged money-making scheme involving Letters of Authority (LOAs) within the agency by minimizing human intervention. During the hearing of the Senate Blue Ribbon Committee, Senator...
WASHINGTON (AP) — President Donald Trump is suing the IRS and Treasury Department for $10 billion, as he accuses the federal agencies of a failure to prevent a leak of the president 's tax information to news outlets between 2018 and 2020. The suit, filed in a Florida federal court...
The Bureau of Internal Revenue (BIR) is preparing to lift its suspension on tax audits, introducing tightened framework aimed at curbing examiner discretion and restoring private-sector confidence in the nation’s tax administration. In a statement on Monday, Jan. 26, the BIR said the bureau...
The Bureau of Internal Revenue (BIR) launched a reform agenda aimed at overhauling tax audits and tightening accountability through a new oversight framework. During the agency’s Directors’ Conference, BIR Commissioner Charlito Martin R. Mendoza introduced a five-point program dubbed BIR...
