News

Perhaps at no other time in its history has the Supreme Court (SC) been embroiled in successive related cases that grip the public’s attention and that have profound implications on jurisprudence, ...
MANILA, Philippines — The Bureau of Internal Revenue (BIR) is banking on the imposition of vape stamps to contribute to the further reduction of the excise tax gap this year. BIR commissioner ...
MANILA, Philippines — The Bureau of Internal ... According to BIR, the firms evaded P8,681,028,850.82 in taxes. When asked about the excise tax being lost by the government, Lumagui said that ...
MANILA, Philippines — The Bureau of Internal ... (unlawful possession of vape products without payment of excise), Section 254 (tax evasion) and Section 255 (failure to file excise tax returns).
“The Philippines has scope to improve its tax-to-gross domestic product (GDP) ratio,” an IMF spokesperson told BusinessWorld in an e-mail. “Tax reforms could prioritize excise taxation, enhancing ...
The new month brings higher excise taxes: for example, the diesel fuel excise duty will rise from the current €0.399 to €0.428 per liter. The gasoline excise duty will remain unchanged for now, but ...
The Excise Department was instructed to expedite implementation of its zero tolerance policy for excise tax evasion, cracking down on violations of excise laws. According to Deputy Finance ...
MANILA, Philippines — The Bureau of Internal Revenue (BIR) is banking on the imposition of vape stamps to contribute to the further reduction of the excise tax gap this year. BIR commissioner Romeo ...
although all states have some form of property taxes and excise taxes.” WalletHub collected data from the Tax Policy Center and produced a ranking of the states from most tax burdened to least ...
ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date of submission of Sales Tax and Federal Excise Return for the tax period of March, 2025 up to April 25, 2025. This is subject to ...
The Bureau of Internal Revenue (BIR) on Tuesday filed before the Department of Justice (DOJ) criminal charges for tax evasion ...
President Trump's tariffs became very real for importers last month as the government collected more than $17.4 billion in "Customs and Certain Excise Taxes" during April. That was nearly double ...