THE House of Representatives approved on second reading a measure that will introduce a track-and-trace system for tobacco products, a proposal seen deterring smuggled cigarettes. In a voice vote, ...

Commissioner Romeo Lumagui Jr. on Monday confirmed that the agency did not only reach its annual collection goal for ...

THE DEPARTMENT of Finance (DoF) pushed for a single tax rate on Thursday on all types of nicotine and vapor products to ease the collection burden on the Bureau of Internal Revenue (BIR). “It is very ...

The Bureau of Internal Revenue (BIR) on Wednesday said it is expecting that its tax collection target for 2024 set by the Marcos administration’s economic managers will be exceeded for the first time ...

Revenue targets of the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC), the government’s main tax generators, will be increased by double-digit rates next year to help finance the ...

IN 2021, the Bureau of Internal Revenue issued Revenue Memorandum Order (RMO) 14-2021, updating the procedures in availing tax reliefs under tax treaties. The BIR modified the manner of confirming ...