It’s merely a system of taxation where taxes are collected at source, which will be credited against the total income tax ...

TAXPAYERS line up to file their income tax returns at the Bureau of Internal Revenue office in Manila. — PHILIPPINE STAR/EDD GUMBAN THE Bureau of Internal Revenue (BIR) on Tuesday said it exceeded its ...

However, the tax will not be imposed if: the seller’s annual total gross remittances in the previous year did not exceed P500,000, or the seller’s cumulative gross remittances for the current year ...

Under Section 32B7d of the NIRC, all prizes and awards granted to Filipino athletes in local and international sports tournaments and competitions shall be exempt from income tax while Section ...

Bureau of Internal Revenue Bldg in BIR Road, Quezon City (Photo by Patrick Roque via Wikimedia Commons CC BY-SA 4.0) THE upcoming elections could delay the passage of key tax reform measures ...

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 ...