It could be said that the Philippines began the year on solid footing after hitting—or coming close to hitting—its goals in 2024. We were afloat. We ...

PHILIPPINE business groups are urging lawmakers to pass a general tax amnesty and review the value‑added tax (VAT) on electricity as part of their tax wish list for 2026.

The national government’s budget deficit narrowed to P157.6 billion in November, driven by a sharp decline in government ...

The government’s budget gap rose 7.38 percent on an annual basis in end-November 2025 as growth of spending surpassed tax ...

PH debt stock rose in October on a weaker peso MANILA, Philippines — The Philippine government’s budget deficit in November narrowed by almost a third to P157.6 billion. This, as spending ...

MANILA, Philippines - Government revenue collections from the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) ...

Revenue collection of the Bureau of Internal Revenue and the Bureau of Customs has been “softer” than the projected yield of ...

Overall revenue collection performance of the national government is emerging weaker than the full-year target, due in part to the extended rice import ban ...

The Philippines’ tax whiz breaks down the Bureau of Internal Revenue’s latest clarification on the scope of the audit suspension under RMC No. 107-2025, helping taxpayers understand what remains on ho ...

BUSINESS groups and nonprofit organizations on Thursday called on the government to quickly implement reforms to stop corruption, proposing four initiatives that should be in place by the middle of ...

Net-income taxation is a model built for negotiation, and negotiation is the soil in which corruption thrives. Gross-income taxation is now the only credible antidote.

The Bureau of Internal Revenue (BIR) destroyed thousands of illicit vape products seized from operations in Central Visayas, ...