Monday, 13 July 2026
16 Jun 2026
8:33AM
Extended tax filing season fuels BIR's strong May collection gains
The Bureau of Internal Revenue said its gross collections rose to P279.135 billion in May, posting a 14.15-percent increase from the same month last year as the agency benefited from an extended tax filing season and continued taxpayer compliance.
26 Nov 2025
10:33AM
Business groups back reforms to ease tax audits and boost fairness
Two of the country’s largest business organizations expressed strong support for the Department of Finance and the Bureau of Internal Revenue following the suspension of all field audits and related enforcement actions under Revenue Memorandum Circular RMC 107-2025.
28 Aug 2025
4:24PM
Philippines trims July deficit to P18.9B on strong tax gains
The Philippines’ budget deficit narrowed in July as stronger tax collections outpaced modest spending growth, keeping the year-to-date shortfall within government targets.
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