Conclusion The Bureau of Internal Revenue (BIR) cannot modernize because it cannot hire and retain the technical and professional talent it needs due to salary constraints.   This is one of the most ...

A HOUSE of Representatives committee approved on Monday a measure to abolish the travel tax, citing the need to relieve the burden on travelers. The House Ways and Means Committee approved an ...

THE GOVERNMENT will have to expand the tax base to make the proposed reductions in value-added tax (VAT) sustainable, and may need to resort to a crackdown on transactions currently exempt from VAT, ...

THE proposal to grant President Marcos Jr. authority to suspend excise taxes on petroleum products underscores the need to balance fiscal stability with ...

MANILA, Philippines – Senator Loren Legarda has filed three complementary measures aimed at easing the burden on Filipino households by reforming the country’s value-added tax (VAT) system. The ...

Kalookan Bishop Pablo Virgilio Cardinal David on Wednesday said the Philippine government should ensure that the burden of the country’s tax system is distributed fairly among taxpayers and used for ...

SENATE President Pro Tempore Panfilo Lacson is calling for amendments to the country’s tax laws to allow the government to ...

AMID rising fuel price concerns, lawmakers on Monday stressed the urgent need to amend the Oil Deregulation Law, acknowledging that under the current system, the government has little power to control ...

When have you made the right choice by deviating from a longstanding practice? This may be challenging but rewarding if guided by the right principles. Undeniably, this holds true in tax cases decided ...

Filipinos may now open a Personal Equity and Retirement Account (PERA) through more local banks and mobile wallets, as the Bangko Sentral ng Pilipinas (BSP) on Thursday announced the pilot of the ...

El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) today announced financial results for the 14- and 53-week periods ended December 31, 2025.