MARINA to seek additional tax incentives for domestic shipping
The Maritime Industry Authority (MARINA) will push for the revision of laws…
February 7, 2024
3 minute read
Gov’t collects P801.55B from fuel marking
Government collected P801.55 billion from marking 70.48 billion liters of fuel from…
December 13, 2023
2 minute read
BOC collects P60B from marking 4.7B liters of fuel
BOC collects P60B from marking 4.7B liters of fuel Since September 2019,…
April 18, 2022
2 minute read
Customs collectors ordered to demand doc stamp tax payment
Customs Commissioner Rey Leonardo Guerrero reiterated the strict collection of internal revenue…
August 31, 2021
2 minute read
BIR draft order retains VAT exemption for exporters’ local purchases
The Bureau of Internal Revenue has released a draft order maintaining zero-rating…
August 26, 2021
3 minute read
BIR defers 12% VAT on exporters’ local purchases
The Department of Finance is reviewing Bureau of Internal Revenue Revenue Regulations…
July 22, 2021
4 minute read
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
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