Results of Tuesday’s auction of long-term Treasury bonds (T-bonds) were mixed as the national government raised only P26.225 billion due to higher bid yields caused by the further weakening of the peso.

INTERNAL Revenue Commissioner Romeo D. Lumagui Jr. expressed confidence that the Bureau of Internal Revenue (BIR) will hit its target of raising the P198 billion from taxes on net income and profit to be collected this month on the back of strict enfo...

THE Bureau of Internal Revenue (BIR) is keen on extending the deadline for the registration and submission of a Sworn Declaration of Gross Remittance for online sellers for another 90 days to avoid the automatic deduction of 1-percent withholding tax ...