Web3 hours ago · The BIR has implemented initiatives to aid taxpayers in meeting the deadline, such as extending authorized agent bank working hours to 5:00 p.m., creating tax assistance centers, and expanding payment channels. This year, the agency set a P2.6-trillion revenue target, 11% higher than the P2.34 trillion it collected last year. Web1 day ago · The bill also calls for the filing of returns and payment of taxes through electronic channels or authorized agent banks, as well as the removal of the annual registration fee. “I am fully committed to supporting measures that would improve tax administration and boost revenue collection efforts of the government,” Mr. Gatchalian said.
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