Authorities stated the scam is part of an "organized fraudulent scheme" designed to exploit unsuspecting taxpayers.

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.

Finance Secretary Frederick Go has laid out additional measures to tighten the Bureau of Internal Revenue’s (BIR) crackdown ...

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 ...

The Bureau of Internal Revenue (BIR) has released Revenue Memorandum Circular (RMC) 109-2025 to clarify the scope of the audit suspension announced under RMC 10 ...

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) ...

THE process of applying for tax exemptions on socialized and economic housing projects has been simplified, the Bureau of Internal Revenue (BIR) said over the weekend. The simplified process reduces ...

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

WHILE “extraordinary” measures caused tax collections at the Bureaus of Internal Revenue (BIR) and Customs (BOC) to come in “softer” than targets, Finance Secretary Frederick D. Go said restoring ...