Exporters seek urgent resolution to burdensome new VAT regulation
Processes and requirements under Revenue Regulations No. 9-2021 should not unduly burden…
June 25, 2021
4 minute read
BIR imposes 12% VAT on indirect exports, certain transactions with 0% VAT
Indirect exports and sale of services previously taxed at zero rate now…
June 15, 2021
3 minute read
DOE, BOC, BIR join forces in war against oil smugglers
The Department of Energy, Bureau of Customs (BOC), and Bureau of Internal…
May 28, 2021
2 minute read
Truck with unmarked fuel seized for violation of fuel marking program
A tanker truck carrying around 30,000 liters of unmarked fuel was apprehended…
May 24, 2021
2 minute read
BIR issues rules on tax-free COVID-19 vaccine imports
BIR Revenue Regulations (RR) No. 1-2021 implements guidelines on tax incentives and…
April 13, 2021
3 minute read
Fuel marking program yields P36B in first quarter
• The Philippine government marked 4.2 billion liters of fuel and collected…
April 10, 2021
2 minute read
BOC-BIR field testing of fuel starts Apr 26
The Bureau of Customs and Bureau of Internal Revenue will begin field…
April 8, 2021
3 minute read
PEZA in talks with DoF for more integration of processes
Officials of the Philippine Economic Zone Authority officials, Bureau of Internal Revenue…
March 8, 2021
3 minute read
BIR clarifies effectivity of order cutting requirements for VAT refund claims
Bureau of Internal Revenue (BIR) Revenue Memorandum Order No. 47-2020 streamlined documentary…
February 5, 2021
2 minute read
Fuel marking in full swing by Q1 2021
The fuel marking program is expected to be fully operational nationwide by…
January 28, 2021
2 minute read
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