The Bureau of Internal Revenue (BIR) on Friday called on taxpayers to pay taxes as they file their 2024 Income Tax Return (ITR) on or before April 15, 2025 to avoid penalties. In a statement, BIR ...

The electronic invoicing system was first introduced via an amendment to the National Internal Revenue Code (NIRC or Tax Code ...

Foreign tourists can now avail of value-added tax (VAT) refunds in the Philippines, the Department of Finance (DOF) said ...

The Court of Tax Appeals (CTA) has denied the petition of Pacific Plaza Condominium Corporation which sought a tax refund of ...

Foreign investors in the Philippines must comply with transfer pricing rules set by the BIR to avoid penalties and audits.

Learn how foreigners can file personal income tax in the Philippines, understand tax residency, rates, deductions, and filing ...

For Asian Consulting Group founding chair and CEO Mon Abrea, an independent BIR could freely implement tax reforms and crack down on tax-evading politicians and corporations ...

Cash transactions without receipts can lead to tax scrutiny. Submit valid proof – Provide rent agreements, rent receipts, and bank statements showing actual rent payments. Ensure PAN details are ...

Letter: Karen behind ''I hope Trump deports you!!!' receipt doesn't represent Columbus I know several women named Karen. None of them would have done any of the ugly things that have been blamed ...

THE Bureau of Internal Revenue (BIR) should stop targeting small-scale businesses and focus on running after big tax evaders and set a higher tax target to pay off the country’s debt, according to a ...

The recent amendments in our tax laws have also brought some changes on the rules in claiming refunds of erroneously paid taxes as well as refund of unutilized input Value Added Tax (VAT) attributable ...

In any social or professional collaboration, there may arise instances wherein there is a misinterpretation of certain facts, and in such cases, reconvening and circling back can prove to be one of ...