The Bureau of Internal Revenue launched its 2025 national tax campaign on Feb. 4, 2025 at the Philippine International ...

The Bureau of Internal Revenue (BIR) expects to meet its 2025 tax collection target, citing intensified compliance efforts ...

The Bureau of Internal Revenue (BIR) collected almost P3 trillion in taxes in 2024—the most in two decades, President ...

In the case of government bonds, a 20 percent final withholding tax (FWT) is generally imposed on the interest income of a non-resident investor. A lower rate may be claimed by the non-resident under ...

Maryland Gov. Wes Moore (D) on Tuesday announced a plan to raise income tax rates for the state’s wealthiest residents, money that would help close a looming $3 billion budget deficit and fund ...

THE upcoming elections could delay the passage of key tax reform measures crucial for the Bureau of Internal Revenue (BIR) to hit its P3.2-trillion tentative target collection this year. Speaking to ...

Last Jan. 16, 2025, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) 5-2025, amending certain provisions of RMC 11-2024 (Leases), 1 ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

The Bureau of Internal Revenue (BIR) successfully surpassed its 2024 revenue target set by the Development Budget ...

Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges. The average rate on a standard, 30-year fixed ...

The personal savings allowance is £1,000 every tax year for basic-rate taxpayers and £500 for higher-rate taxpayers, while additional rate taxpayers don't get an allowance at all. You would only ...

This was a common strategy when the prescribed interest rate under our tax law was just 1 per cent. It was a great income-splitting tactic and, as interest rates come down, there could be an ...