individuals whose income is subjected to final withholding tax and minimum wage earners. The BIR estimates total collections to reach around P431.95 billion this month. Of the amount, nearly half ...

This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance issued during the six months ending October 2024.

CALAMBA CITY, Laguna (PIA) — A friendly yet systematic approach to encourage more taxpayers to fulfill their tax obligations is being implemented by the Bureau of Internal Revenue (BIR) to help ...

In support of this transition, the bureau has launched various digital initiatives such as the revamped BIR website and the REVI chatbot, which allows users to send tax-related questions and receive ...

THE Bureau of Internal Revenue (BIR) has issued a series of new Revenue Regulations (RRs) reducing corporate income tax rates and standardizing value-added tax (VAT) rules, following the recent ...

The French General Directorate of Public Finances April 17 updated an administrative doctrine on the withholding tax for products distributed by French companies to nonresidents. Topics covered ...

Campaigners believe "thousands" of drivers across England are being fleeced by parking machines "set up to trap people". Motorists have said they're being sent parking charge notices (PCNs) from ...

Government raked in record amount of inheritance tax last year The government raked in a record amount of inheritance tax last year, the latest figures from HMRC show. People paid a total of £8 ...

European envoys will listen to presentations on two new potential sources of revenue next week: a tax on high net-worth individuals and a withholding tax on outgoing income flows from the EU. The ...

or for those caught off-guard by an unexpected tax payment, the Withholding Calculator stands as a solid preventive measure—while the IRS also extends its services to workers and retirees aiming ...