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The government generated P91.7 billion in import duties and excise from oil products since September 2019, thanks to the fuel marking program which ensured collection of correct levies. Finance Secretary…
Despite rising budgetary needs for COVID-19 response and universal health care and a weak tax collection because of recession, the government is not resorting to higher excise on so-called sin…
In this Tuesday, June 16, 2020 file photo, the sun is reflected on Apple’s Fifth Avenue store in New York. A European Union high court on Wednesday, July 15, 2020…
Some Philippine offshore gaming operators (Pogos) may leave the Philippines but the Bureau of Internal Revenue (BIR) will still collect taxes due from them, Finance Secretary Carlos G. Dominguez III…
MANILA, Philippines — The Department of Finance (DOF) is looking into reports that some Philippine offshore gaming operators (Pogos) had reopened despite their unpaid taxes, Secretary Carlos Dominguez III said…
Amid a liquor ban in many areas and restricted deliveries of cigarettes during the enhanced community quarantine (ECQ), the government collected only about P200 million in sin taxes from tobacco…
The Department of Finance (DOF) on Monday (May 25) lauded the companies that did not wait for extended deadlines to pay their taxes, helping the government raise revenue during the…
MANILA, Philippines — Amid a modified enhanced community quarantine (MECQ) which still restricted movement of people, the Bureau of Internal Revenue (BIR) is allowing taxpayers to settle their dues outside…
SAFETY REGULATIONS In this Feb. 5 photo, about a month before the lockdown, Chinese workers have their temperature checked as they enter an office building in Parañaque City. —RICHARD A.…
Brothers Fernando (left) and Jaime Augusto Zobel de Ayala lead the 7th generation Zobels. Conglomerate Ayala Corp. and key operating units settled P9.86 billion worth of taxes ahead of the…
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