Tuesday, May 5, 2026
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VAT

Pres. Marcos Jr. affirms retention of VAT on petroleum to fund vital social subsidies

President Ferdinand R. Marcos Jr. announced on Monday that the government will maintain the Value-Added Tax (VAT) on petroleum products, citing the necessity of...

Businessmen endorse bill exempting VAT on electricity sales

The Philippine Chamber of Commerce and Industry (PCCI), the Employers Confederation of the Philippines (ECOP), the Philippine Exporters Confederation (Philexport) and the Trade Union...

BIR, LANDBANK team-up for tax portal for digital services

The Bureau of Internal Revenue (BIR) has tapped LANDBANK to develop the Value-Added Tax on Digital Services (VDS) Portal, a dedicated platform for Digital...
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