Bureau of Internal Revenue

The Bureau of Internal Revenue (BIR) is undergoing reforms to address issues of abuse and extortion in its audit processes, including suspending LOA issuance and limiting the number of offices authorized to issue them. Recent efforts also focus on improving tax administration, simplifying exemptions for socialized housing, and cracking down on illicit products like unregistered vape items. These measures aim to enhance transparency, boost investor confidence, and ensure fair enforcement of tax laws in the Philippines.