Treaty between Iraq and Philippines authorization for signature by Iraq

The Bureau of Internal Revenue (BIR) of the Philippines issued Revenue Memorandum Circular (RMC) No. 24-2026 on 30 March 2026  to clarify the application of RMC Nos. 5-2024 and 38-2024 on the taxation of cross-border services. The circular aligns

The Philippine Securities and Exchange Commission (SEC) extended the filing deadlines for 2025 annual financial statements (AFS) and related corporate reports on 14 April 2026. This extension aligns with a simultaneous announcement by the Bureau

President Ferdinand R. Marcos Jr. has removed the excise tax levied on liquefied petroleum gas (LPG) and kerosene, which took effect on 13 April 2026, as part of government measures to provide relief to Filipino households amid an ongoing energy

The Philippines Bureau of Internal Revenue (BIR) has issued Bank Bulletin No. 2026-04 on 7 April 7, 2026, which reiterates the procedures for Authorised Agent Banks (AABs) to follow regarding the 2025 Calendar Year Annual Income Tax Returns

The Philippine Information Agency announced that on 25 March 2026, President Ferdinand Marcos Jr. signed Republic Act No. 12316, authorising the temporary suspension or reduction of excise taxes on petroleum products under specified conditions. The

The Philippine Senate is considering Senate Bill No. 1935, which was first read on 9 March 2026, proposing an automatic suspension of fuel taxes when global oil prices surge beyond a specific threshold. The bill establishes a clear trigger for