It’s been more than a year since the effectivity of the Tax Reform for Acceleration and Inclusion (TRAIN) Act, but the effects of its implementation are far from over. Just this year, the Bureau of ...

Plenty of provisions in the Tax Code have been changed due to the ongoing tax reform process. Will all these changes need new forms? Most, but not all. For instance, changes in value-added tax, while ...

The Bureau of Internal Revenue (BIR) has extended the deadline for tax payments, filing of tax returns and submission of documents due to the inclement weather. Internal Revenue Commissioner Romeo D.

With the end of the year approaching, most people start preparing for the holidays. For accountants and tax practitioners, this is also the time to plan for year-end statutory obligations, such as the ...

The Bureau of Internal Revenue (BIR) reminds the taxpaying public that the filing of the Quarterly Income Tax Return for Individuals, Estates and Trusts (BIR Form No. 1701Q) is on or before May 15, ...

The deadline for filing income tax returns is Monday, April 15. Those who will not be able to pay on Monday will face penalties. MANILA, Philippines – The Bureau of Internal Revenue (BIR) set a strict ...

As the tax season comes, self-employed individuals and professionals will now have fewer pages to fill out when declaring their income tax return (ITR). The new ITR form -- reduced from 12 pages to ...