Friday, 28 November 2025
1 day ago
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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