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With the Bureau of Internal Revenue’s (BIR) incremental improvements to the Philippine tax landscape, primarily through the implementation of Republic Act No. 11976, or the Ease of Paying Taxes (EOPT) Act which brought significant amendments to the National Internal Revenue Code, we’re on the right track. However, we must not become complacent.

A new year has come and with it is the optimism to step into a new chapter, discover opportunities and embrace what’s coming ahead. Often, the thought of changing for the better is what resonates not only within individuals but within government systems as well.

Tax reforms are crucial for fostering economic growth, ensuring fairness, and improving government revenue. By updating tax laws, governments can address changing economic conditions, promote investment, and incentivize businesses.

Every year, people plan decorations, delicacies to prepare and endless celebrations for Christmas. Aside from celebrating the spirit of togetherness and expressing gratitude for the blessings of the year that has been, gift-giving is among the highlights of the holiday season.

With the new year fast approaching, it is time that we reflect on the lessons, realizations, and hurdles we have faced. 2024 has been a year marked by resilience, sustainable growth, and transitions brought by changes and disruption.

The Christmas season is a time of joy and generosity that can also be a prime period for cybercriminals to exploit unsuspecting individuals. With the surge in digital transactions and the influx of holiday bonuses, scammers view this season as an ideal opportunity to carry out their schemes.

This article delves into how good governance can be the catalyst for sustainable development in the Philippines, addressing the multifaceted issues that hinder progress.

In the current business landscape, characterized by rapid evolution, the integration of sustainability into corporate operations has become a critical priority.