BIR Surpasses Early 2026 Tax Collection Goal
The Bureau of Internal Revenue collected PHP530.055 billion in net taxes from January to February 2026, exceeding its target by PHP2.280 billion and showing a 2.97% year-on-year increase.
The Bureau of Internal Revenue collected PHP530.055 billion in net taxes from January to February 2026, exceeding its target by PHP2.280 billion and showing a 2.97% year-on-year increase.
Government authorities have confiscated 11,309 illicit vapor products and uncovered more than PHP33 million in estimated tax liabilities during enforcement operations across Metro Manila and nearby provinces.
The Bureau of Internal Revenue shut down an online selling operation in Cebu for over P211 million in undeclared sales, leading to an estimated P40.4 million tax liability. The joint probe with NBI targeted a luxury goods seller on Facebook Live.
Authorities confiscated P382 million worth of illicit cigarette materials in Apalit, Pampanga, preventing an estimated P93.77 million in potential excise tax losses through coordinated operations.
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RecommendedSenators Francis Pangilinan and Francis Escudero have filed separate bills granting the President authority to temporarily suspend or reduce excise taxes on petroleum products during global economic emergencies and oil price volatility.
Iloilo City Representative Julienne Baronda files House Bill 8359, proposing temporary presidential authority to suspend or reduce petroleum excise taxes during global emergencies to protect Filipino consumers from fuel price shocks.
The Cebu Provincial Government has agreed to a P211.56 million settlement with Apo Land and Quarry Corp. to resolve a long-standing tax dispute, avoiding a costly court battle and ensuring fund recovery.
The House Committee on Ways and Means approved a substitute bill to abolish the decades-old travel tax, aiming to ease costs for Filipino travelers while ensuring funding for tourism, education, and cultural programs through the national budget.
Senator Chiz Escudero proposes amendments to the Train Law, allowing the President to automatically suspend or lower excise and VAT on fuel when global oil prices exceed benchmarks, aiming for faster consumer relief during crises.
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RecommendedHouse Speaker Bojie Dy III expresses openness to amending legislation to lower oil taxes, supporting President Marcos Jr.'s call to protect citizens from global oil price hikes.
Cebu Governor Pamela Baricuatro has reduced Apo Land and Quarry Corp.'s tax assessment from P1.218 billion to P211.56 million, citing legal grounds for removing extraction fees on private land. The settlement awaits Provincial Board approval.
The Bureau of Internal Revenue issues new regulations to simplify VAT application on local sales for registered business enterprises, including key amendments on remittance, exclusions, and system updates.
The Bureau of Internal Revenue has released Revenue Memorandum Circular No. 10-2026, detailing tax obligations for cash donations, including filing methods and documentary requirements, effective immediately.
The Bureau of Internal Revenue focuses on Micro, Small and Medium Enterprises in southern Pampanga, implementing CHAT campaign and addressing past corruption challenges to boost tax compliance.
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RecommendedThe Bureau of Internal Revenue's enforcement operations in Pampanga have prevented an estimated PHP460.98 million in revenue loss by seizing raw materials, counterfeit stamps, and illicit cigarettes.
Lawmakers propose lowering VAT from 12% to 10% to stimulate spending, but the DOF warns of a P339 billion revenue loss, sparking debate on economic impact.
The Bureau of Internal Revenue has officially lifted the suspension on tax audits and field operations, resuming activities like eLAs and TVNs under new guidelines.
The City of San Fernando Water District announces retroactive removal of 12% VAT on water bills starting November 18, 2025, with refunds applied as advance payments to customer accounts.
The Bureau of Internal Revenue presented key reforms to the Senate Blue Ribbon Committee, including a single-audit framework and risk-based selection, to enhance fairness and transparency in tax audits under new orders.
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RecommendedCebu City Rep. Eduardo Rama files House Bill 7367 to eliminate travel taxes, citing burden on Filipinos, while critics warn of impact on tourism, education, and cultural funding.
The Bureau of Internal Revenue introduces a digital LOA Verifier in Chatbot REVIE to help taxpayers confirm the authenticity of audit letters, following a suspension of audit operations for reforms.
The Department of Justice confirms resolution of five tax evasion complaints against contractors Curlee and Sarah Discaya, with charges to be filed in the Court of Tax Appeals. State witnesses also visited DOJ for flood control cases.
The Bureau of Internal Revenue has issued Revenue Regulation 28-2025, making the enhanced Electronic Documentary Stamp Tax System mandatory for specific industries including banking, education, and government agencies.
The Bureau of Internal Revenue introduces an interactive digital tax calendar on its website to help taxpayers track payment deadlines and requirements, with plans for integration into the eGovPH app.
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RecommendedMandaue City grants relief to businesses affected by calamities, extending the permit application deadline to January 25, 2026, and tax payment to January 31. Avoid penalties by filing on time.
The BIR's new regulation increases tax-exempt allowances for rice, uniforms, medical aid & more. Learn how these changes affect your take-home pay starting Jan 6, 2026.
Senator Raffy Tulfo pushes to exempt economy class travelers from the travel tax, calling it an undue burden. His bill targets equity, keeping the levy for business and first class.
FDC Misamis Power Corp. hailed as Misamis Oriental's top real property taxpayer for 2025, contributing over ₱100M to provincial funds. The award highlights corporate partnership in local development.
Authorities in Santander, Cebu, confiscated smuggled cigarettes worth P20 million in a joint operation. The driver and helpers are now in custody. Read more about the government's crackdown on contraband.
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RecommendedThe Bureau of Customs Port of Clark achieved its highest-ever annual revenue of P5.51 billion in 2025, surpassing its target by over P654 million. This boost supports national development programs.