MANILA, Philippines — The Bureau of Internal Revenue (BIR) is allowing businesses to use their remaining official receipts until fully consumed as part of the Ease of Paying Taxes (EOPT) Act. In a ...

The heat of the dry season is still at its peak. At times like these, many travelers who enjoy the sun are basking in the various destinations and attractions of the archipelago. This reminds me of a ...

A PHILIPPINE senator is urging the Bureau of Internal Revenue (BIR) to double up on efforts to inform taxpayers of a new rule requiring invoices instead of official receipts when filing taxes, to ...

The government issued a new regulation that prescribed the deadlines for compliance with the new invoicing requirements under Republic Act (RA) 11976, or the Ease of Paying Taxes (EOPT) Act. Bureau of ...

Well, there should be no issue with the early and immediate compliance of the new rules since the EOPT Act is already in effect as early as January 22, 2024, or 15 days after its publication in the ...

The Philippine Tax Whiz discusses the newly issued invoicing requirements, in view of the changes under the Ease of Paying Taxes (EOPT) law Under the EOPT law, if you have unused official receipts ...