MANILA, Philippines — The Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) are set to tackle ambitious double-digit revenue growth targets for 2025, Finance Secretary Ralph Recto ...
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular 131-2024 on December 3, adding 16 more medicines to the list of VAT-exempt items under Republic Act 11534, also known as the ...