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Sunday, April 5, 2026

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Excise tax

Rules on tax perks for firm-based training, Adopt-a-School clarified

The Bureau of Internal Revenue (BIR) has issued a clarificatory revenue memorandum circular (RMC) to clear up confusion over tax exemptions and incentives for...

Exporters urge VAT cut on fuel, power amid Middle East tensions

Exporters are urging the government to consider reducing the 12-percent value-added tax (VAT) on fuel and electricity as escalating tensions in the Middle East...

Toyota Motors Philippines bags 17th consecutive Triple Crown

Toyota Motors Philippines bags 17th consecutive Triple Crown Photo File From THEPHILBIZNEWS Despite the challenges experienced last year by automotive industry in the Philippines that brought...

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