"Facebook groups created for legal inquiries or forums are flooded with questions about the release of final pay, COE, and BIR Form 2316," Cantos observes, with recent jurisprudence on labor laws ...

MANILA, Philippines — The Bureau of Internal Revenue (BIR) has achieved a landmark success by surpassing its P2.85-trillion collection target for 2024, a goal set by the Development Budget ...

THE Bureau of Internal Revenue (BIR) announced that it exceeded the P2.848-trillion target collection set by the Cabinet-level Development Budget Coordination Committee (DBCC) for 2024.

MANILA, Philippines — The Bureau of Internal Revenue (BIR) confirmed on Thursday a decrease in excise tax collection from 2021 to 2024, leading to a revenue loss of P40 billion over the period.

Further, the watchdog flagged that some IPs have been submitting incorrect information in the forms, such as entering zero values in all fields. In this regard, IPs have been directed to ensure that ...

THE Bureau of Internal Revenue (BIR) has ruled to exempt from taxation ... Secondary trades and subsequent transfers of ABS, such as all forms of credit enhancement, shall also be exempted from ...