MINING firms can claim refunds for excess excise taxes paid on mineral exports if foreign exchange rate fluctuations result in overpayment, the Bureau of Internal Revenue (BIR) clarified in a circular ...

Another significant proposal under consideration is the curbing of discretionary authority wielded by customs officials in the valuation of imported goods ...

EPS of $1.23, compared to $1.28 in the prior-year quarter. Toyota Motor Corp (NYSE: TM) (Q4) EPS of $2.92, compared to $4.99 in the prior-year quarter. Cisco Systems Inc (NASDAQ: CSCO) (Q3) EPS of 75 ...

The Philippine government’s crackdown on illicit trade is intensifying, with tax authorities vowing to press forward with ...

REPUBLIC Act 11976, or the Ease of Paying Taxes Act, which took effect last Jan. 22, 2024, introduced significant changes to ...

When it comes to building dreams and shaping landscapes in East Tennessee, BIR Developments stands at the forefront as a ...

Thailand plans to ease foreign ownership limits and simplify licensing to attract investors amid economic pressures.

This TypeScript package allows you to safely execute JavaScript AND TypeScript code within a WebAssembly sandbox using the QuickJS engine. Perfect for isolating and running untrusted code securely, it ...

ROYALTIES are generally considered passive income. Thus, royalties earned by an individual citizen or domestic corporation are generally subject to a 20-percent final withholding tax. The rate is ...

Some 203 projects with investments of PHP5.17 trillion were facilitated by national government agencies (NGAs) and local government units (LGUs) in fast-tracking their permits and licenses under ...

Instead of depressing wages or taking jobs, generative AI chatbots like ChatGPT, Claude, and Gemini have had almost no significant wage or labor impact so far – a finding that calls into question the ...

Bermuda is fast losing its attractiveness as a jurisdiction for international business.” In the summer of 2023, the digitisation of the work-permit application process was hindered after a $ ...