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A step toward efficiency or a hurdle? | The Manila Times

IN line with the bid to simplify tax processes with the issuances of Republic Act (RA) 10963 or the Tax Reform for Acceleration and Inclusion Law and the RA 11976 or the Ease of Paying Taxes Act, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Order (RMO) 16-2024 to streamline the process for claiming tax credits or refund of excise taxes paid on petroleum products. ....

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VAT refund process | Atty. Mabel L. Buted

IN line with its policy to ease the doing of business here in our country, our government continues its ongoing efforts in simplifying the process in claiming for refund of the unutilized and excess input taxes incurred by taxpayers. This started with the enactment of the TRAIN Law (Tax Reform… ....

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Philippines as a global tax leader | Joel L. Tan-Torres

A perusal of the Asia Pacific Tax Hub (Tax Hub) of the Asian Development Bank presents troves of treasures for tax administrators, taxpayers, practitioners, and researchers. ....

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Reclaiming compromise payments

Reclaiming compromise payments
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[Ask the Tax Whiz] What is an annual tax review?

The Philippine Tax Whiz discusses the annual tax review and reminds business on the annual tax compliance requirements ....

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