Deputy Speaker Rufus Rodriguez calls the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) to extend the deadline for the filing of annual income tax return (AITR) by at least 30 days.
Kyle Fuego
The Bangko Sentral ng Pilipinas (BSP) and the Department of Finance (DOF) expressed their support for a bill allowing the Philippine Development Insurance Corporation (PDIC) to flexibly adjust the maximum deposit insurance coverage in the Philippines.
The Board of Accountancy (BOA) issues Resolution No. 36-2019, repealing previous resolutions on the requirement of a compilation certificate for financial statement (FS) preparations in the Philippines.
The Department of Finance (DOF) announced on Thursday, February 25, the exemption of COVID-19 vaccine imports from tax and duties as the government rolls out the first batch of vaccines in the Philippines.
Senate Finance Chair Juan Edgardo Angara proposed a bill waiving the donor’s tax for any donation of drugs, vaccines, and other medical supplies specifically prescribed for the treatment of COVID-19 in the Philippines.
The Department of Finance (DOF) is expecting a nationwide implementation of the fuel marking program along with several digitization projects to improve tax administration in the Philippines in 2021.
The Bureau of Internal Revenue (BIR) appeals to lawmakers to pass a general tax amnesty law supporting the ₱4.5 trillion outlay for the national government for 2021.
Every end of the year, organizations must file and submit their tax compliance requirements to the Bureau of Internal Revenue (BIR) to ensure their business is allowed to operate the next year.
The Bangko Sentral ng Pilipinas (BSP) released a proposal to stakeholders about an open banking framework as part of the regulator’s three-year digital payments transformation program.