The electronic invoicing system was first introduced via an amendment to the National Internal Revenue Code (NIRC or Tax Code) through the TRAIN Law, effective January 2018, and further amended by the ...

The Bureau of Internal Revenue (BIR) is launching a nationwide crackdown on fake Persons with Disability (PWD) identification ...

The government expects inbound tourism to further pick up following the signing of the implementing rules and regulations for ...

THE Bureau of Internal Revenue (BIR) reminded businesses granting discounts to persons with disabilities (PWDs) of the requirement to record the information of customers presenting their cards. “BIR ...

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

OVER P228 billion in economic output may be generated from shopping by foreign tourists this year, dwarfing the estimated P4 billion in government losses from refunding value-added taxes (VAT) they ...

Pursuant to the enactment of Republic Act (RA) 12066, otherwise known as the Create More (Maximize Opportunities for Reinvigorating the Economy) Act, the Bureau of Internal Revenue (BIR) issued ...

BIR will monitor establishments which do not comply with the documentation & procedural requirements under R.R. No. 5-2017 in relation to tax deductions claimed for PWD-related transactions Bureau of ...

Meanwhile, the BIR has set its 2025 full-year target to P3.232 trillion based on the 2025 Budget of Expenditures and Sources of Financing (BESF). The target is higher by 13.36 percent than the P2 ...

MANILA, Philippines — Vice President Sara Duterte “has the obligation” to explain the questionable names found on the receipts used to justify the use of the Department of Education’s ...