Manila Bulletin·3 min read·medium
BIR doubles tax refund releases to ₱24 billion at end-September
J
Jun Ramirez
✦AI Summary
The Philippine Bureau of Internal Revenue (BIR) doubled its tax refund releases to ₱23.67 billion in the first nine months of 2026. This initiative aims to improve business cash flow and modernize tax administration through new digital portals.
Why it matters
Increased tax refunds are a key economic policy tool intended to support private sector liquidity during challenging economic conditions.
Manila Bulletin - BIR doubles tax refund releases to ₱24 billion at end-September
BIR doubles tax refund releases to ₱24 billion at end-September
economybusiness
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