The Philippines is always wise to look back, look around, and find ways to expand our international trade in goods and services, and attract foreign investment, all to drive economic growth.

Just as blood circulates through the body to nourish and support vital organs, taxes flow into government coffers to fund essential public services such as health care, education and infrastructure.

In keeping with its mandate to promulgate the necessary rules and regulations for the effective implementation of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities ...

The U.S. Treasury is phasing out paper checks by September 2025. Here’s how this change could impact your next IRS tax refund ...

As summer approaches and the Philippines remains a top tourist destination, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular 09-2025 to h ...

One significant addition recently introduced in our tax laws is Republic Act (RA) 12079, which provides Value-added tax (VAT) refund mechanism for non-resident tourists. The law aims to boost tourism ...

That's not the only change taxpayers will see soon, though. Starting next tax season, there will be no paper checks issued for refunds, per an executive order from President Trump, nor will ...

Are “responsible tax refunds” on the rise? A new survey shows taxpayers are more likely to spend their refunds on rent, groceries and other necessities, rather than luxuries. The poll of 2,000 ...

New data from the Internal Revenue Service (IRS) shows the size of the average tax refund received by taxpayers is up from a year ago. IRS data for the 2024 tax filing season through the week ...

you may have already received a pleasant surprise in the form of a slightly larger tax refund compared to last year. According to the most recent IRS report, over $211 billion has been refunded ...

New York County, which houses the New York City borough of Manhattan, has the 10th highest average tax refund across all counties nationwide. The study, which found the average refund amounts by ...

You might be looking forward to a big tax return in the next few weeks. Receiving a lot of money back from the IRS isn't necessarily a good thing, though. Here's how you can optimize your tax ...