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23 paź 2023 · Every year, millions of people in the Philippines face the same annual task – staying on top of their taxes. After all, only two things are certain in life: death and taxes. Whether you’re an employee or running your own business, missing tax deadlines can lead to detrimental consequences.
21 sty 2017 · The problem: The Philippine tax system currently has some of the highest income tax rates in this region. Compared to our major ASEAN counterparts, our corporate income tax is the highest...
28 lis 2023 · In recent years, Philippine taxation has undergone reforms through new tax legislations such as the Tax Reform for Acceleration and Inclusion (TRAIN) Law and the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act.
17 sty 2024 · Present tax reforms and initiatives are focused on improving the nation's tax-to-gross domestic product (GDP) ratio. This year, BIR has set a collection target of Php 3.046 trillion, a 15 percent increase from last year’s target.
1 sie 2024 · A collection of current and important tax and legal rulings, issues and updates in the Philippines.
11 maj 2022 · FUTURE TAX DEVELOPMENTS. There are still two pending major tax reform proposals in Congress, covering real property valuation and taxation of passive income and financial intermediaries.
14 lip 2022 · The new Finance Secretary has declared a preference for improving tax administration over imposing new taxes. Thus, the new administration plans to increase tax effort and make the economy grow at a more ambitious pace to address our current challenges.