The Bureau of Internal Revenue (BIR) has set a record-high P3.23 trillion collection target for 2025. This follows another milestone in 2024 when the agency reported it hit P2.84 trillion, the first ...

The Union Cabinet approved the new Income Tax Bill on Friday, which is poised to replace the existing Income Tax Act of 1961.

The Bureau of Internal Revenue launched its 2025 national tax campaign on Feb. 4, 2025 at the Philippine International ...

Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 federal tax returns, they can expect technological upgrades, customer-service ...

Bureau of Internal Revenue (BIR ... PHP8 billion in tax liabilities initially computed following the discovery of illicit cigarettes and unregistered machines. The Bureau also conducted a raid at the ...

MANILA, Philippines ... Tax with P11.9 Billion or 118 percent of the target, followed by the Real Property Tax with P9.01 Billion or 184 percent of the target. “Our financial performance in 2024 ...

The 2024 tax season has begun and the deadline for most people to file their federal tax returns is April 15, 2025. Some Americans have a different due date, however, and state filing deadlines ...

While it’s undeniably early days, the Internal Revenue Service will tell you it’s not too early to think about the income-tax returns for 2024 that will start to come due soon enough.

The IRS will begin processing 2024 tax returns on Jan. 27. The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who earned more than $5,000 ...

Gatchalian has filed a resolution seeking an inquiry into a requirement by the Bureau of Internal Revenue (BIR ... for tax exemption under Article 60 and Article 61 of the Philippine Cooperative ...

From streamlining communications with taxpayers to leveraging AI for high-impact decision-making, AI can revolutionize the Philippines tax landscape ... that previously required visiting the BIR tax ...

For instance, a 5 per cent tax rate applies to income between Rs 3 lakh and Rs 7 lakh, and a 10 per cent rate to income between Rs 7 lakh and Rs 10 lakh. The Budget 2024 brought clarity that income ...