The Bureau of Internal Revenue (BIR) has issued Revenue Regulations (RR) 03-2025 to set the implementing rules and ...

MANILA, Philippines – The Philippines’ national debt pile grew 9.8% to P16.05 trillion in 2024 amid a weaker peso and additional financing taken on by the national government, data from the Bureau of ...

The Supreme Court has ruled that foreign currency deposit accounts are exempt from estate tax under Republic Act 6426, also ...

IN an article published on Jan. 9, 2025, we said that we were hopeful for the passage of certain tax bills that are supposed to help boost the capital market, particularly the Pifita or the Passive ...

In the Philippines, foreign exchange transactions—particularly the buying of foreign currencies—are regulated. Individuals ...

In recent years, the digital economy has experienced remarkable growth, with the rapid expansion of sectors like e-commerce and online service platforms.

In a previous article, I discussed the tax reforms implemented last year as well as the upcoming laws we should anticipate in 2025. As these reforms foster economic growth and drive the future of the ...

The Fire Code of the Philippines is Republic Act (RA) 9514, which was enacted in 2008. It’s a law that establishes fire safety standards and guidelines for the country. The Bureau of Fire Protection ...

Digitalization in the 21st century brought with it several challenges to the rules for taxing international business income, ...

The issue stems from an incorrect amount indicated by the City Budget Office as the city's National Tax Allocation ...

The Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) reported a significant ...

A RECENTLY passed bill that will cut the tax on stock transactions to 0.1% from 0.6% is expected to make the Philippine stock market more appealing to investors, according to economists, who also ...