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Buwis ng ilang empleyado, bababa simula Enero 1

ABS-CBN News
Posted at Dec 27 08:52 PM

Bagong taon, bawas buwis. Read more »

Income taxes to go down in 2023 on TRAIN's 3rd tranche

Sherrie Ann Torres, ABS-CBN News
Posted at Dec 27 08:40 PM

The reduced taxes is the “third tranche” of Republic Act 10963 or the TRAIN Law which aims to lessen the tax burden of workers. Read more »

BIR collection exceeds targets in first 100 days of new admin, official says

ABS-CBN News
Posted at Oct 25 11:20 AM

The Bureau of Internal Revenue said on Tuesday it has collected about P426.327 billion from July to August or during the first 100 days under Commissioner Lilia Catris Guillermo and the administration of President Ferdinand R. Marcos, Jr.’s administration. Read more »

Poe says to refile bill seeking to suspend fuel excise tax

ABS-CBN News
Posted at Jun 21 02:45 PM

Suspending the collection of fuel excise taxes will cushion the impact of soaring prices on vulnerable Filipinos, Senator Grace Poe said Tuesday. Read more »

Drivers question non-suspension of fuel excise tax despite rising prices

ABS-CBN News
Posted at Jun 13 10:04 AM

A jeepney driver group on Monday questioned why the government has not suspended the excise taxes on fuel under the Tax Reform for Acceleration and Inclusion (TRAIN) law. Read more »

E-sabong, digital sales tax can help pay PH debt: solon

ABS-CBN News
Posted at May 20 10:46 AM

House Committee on Ways and Means Chairman Joey Salceda enumerated ways on how the Philippines could raise new revenues to pay for its COVID debt. Read more »

Duterte admin laid groundwork for expansion: Finance chief

ABS-CBN News
Posted at Feb 23 03:49 PM

The administration of President Rodrigo Duterte has laid the groundwork for expansion with its "hard-won" reforms said Finance Secretary Carlos Dominguez. Read more »

DOF approves donation of confiscated diesel for Coast Guard use

ABS-CBN News
Updated as of Jan 21 01:03 PM

Finance Secretary Carlos Dominguez has approved the donation of confiscated fuel by the Bureau of Customs to the Philippine Coast Guard, the department said Friday. Read more »

Duterte says tax reforms boosted growth before COVID-19 hit

ABS-CBN News
Updated as of Jul 26 08:01 PM

The tax reforms passed by Congress helped drive economic growth before the arrival of the COVID-19 pandemic, President Rodrigo Duterte said on Monday during his last State of the Nation Address.  Read more »

House panel says P12.3-B shortfall found in excise tax collections on sweet drinks

RG Cruz, ABS-CBN News
Posted at Apr 26 10:57 PM

MANILA - The House Ways and Means Committee said Monday it found a P12.3 billion shortfall in excise tax collections on sweetened beverages. Read more »

Govt to push 2 more tax reform measures

ABS-CBN News
Posted at Apr 26 05:16 PM

Finance Secretary Carlos Dominguez III said Monday the administration of President Rodrigo Duterte will push for 2 more tax reform measures amid the disruptions caused by the COVID-19 pandemic.  Read more »

Group urges to keep Petron refinery running amid closure reports

Warren de Guzman, ABS-CBN News
Posted at Oct 29 12:03 AM

Several news organizations earlier reported that Petron was planning to permanently shut down its Bataan refinery because the tax system put it at a disadvantage versus importers of finished products.  Read more »