Net-income taxation is a model built for negotiation, and negotiation is the soil in which corruption thrives. Gross-income taxation is now the only credible antidote. Finance Secretary Frederick Go ...
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Key tax reforms that shaped 2025
As Heraclitus, the Greek philosopher, aptly observed, “There is nothing permanent except change.” Whether in life or in our professional pursuits, we encounter change almost daily, and we adapt and ...
Department of Finance Secretary Frederick Go said he is supporting a Bureau of Internal Revenue (BIR) initiative to simplify ...
The local government of General Trias City has once again reinstated the Electronic Business One Stop Shop (E-BOSS) for the ...
Three years after a group of homeowners and community organizations filed suit claiming the county’s tax sale system robbed them of their home equity, a federal judge has ruled the system ...
MANILA, Philippines — The Department of National Defense (DND) has adopted a locally developed weapons system that officials expect will strengthen the Army’s firepower and advance the Marcos ...
CALAMBA CITY (PIA) – The CALABARZON Regional Development Council (RDC) is supporting a proposed legislation pushing to abolish the travel tax currently filed at the 19th Congress. During its ...
MANILA, Philippines — Transactions involving public requests, inquiries and complaints to the Securities and Exchange Commission can now be tracked in real time with the rollout of the SEC’s upgraded ...
A federal judge has ruled Cook County’s longtime system for selling properties with delinquent taxes unconstitutional — a decision that could expose the county to significant financial liability, the ...
MANILA, Philippines — The Department of Finance (DOF) has backed a bill extending the estate tax amnesty until 2028, stating that the measure would enable more families to settle inherited property ...
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PHL tax system seen benefiting from AI audits, lower CTA fees
THE GOVERNMENT has been urged to harness artificial intelligence (AI) to overhaul the tax audit system and lower Court of Tax ...
The construction of a nuclear power plant in Labrador, Pangasinan could make the municipality the richest town in the Philippines, a local lawmaker said. “Can you imagine if not only 1,000 megawatts ...
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