The era of easy profits in the mining industry is over.
In a bold move that sends a powerful message across the country’s resource sector, Bureau of Internal Revenue (BIR) Commissioner Atty. Charlie Martin Mendoza has unleashed a new revenue collection campaign targeting large-scale metallic mining operations, ensuring that companies extracting the nation’s mineral wealth finally pay their fair share to the Filipino people.

Armed with Republic Act No. 12253, or the Enhanced Fiscal Regime for Large-Scale Metallic Mining Act, the BIR has officially begun collecting Quarterly Royalty payments from large mining contractors and operators—a move expected to generate billions in additional government revenues.

For Mendoza, the issue is simple: if mining firms profit from the country’s natural resources, the nation must also benefit.
“Mining companies benefit from the use of the country’s mineral resources. It is only right that the government collects what is due under the law,” Mendoza declared, drawing a clear line between responsible business and tax accountability.

To ensure strict compliance, the BIR has issued Revenue Memorandum Circular No. 58-2026, laying down detailed procedures for filing and paying the new royalty obligations while permanent electronic systems are being finalized.

But this is more than just another tax regulation.
Industry observers see it as a major fiscal crackdown designed to close revenue leakages, tighten government oversight, and ensure that the country’s mineral wealth contributes directly to public services, infrastructure projects, and national development.

The new rules require mining firms to file and pay royalties within sixty days after every quarter.

More importantly, separate filings will be mandatory for every Mineral Agreement, Financial or Technical Assistance Agreement (FTAA), and operating agreement—preventing companies from masking liabilities through consolidated reporting.

The message from Mendoza’s BIR is unmistakable: every ton of ore extracted, every mineral shipped, and every peso earned must now be properly accounted for.

As the government intensifies efforts to modernize revenue collection and strengthen fiscal discipline, Commissioner Mendoza continues to establish himself as one of the most aggressive revenue enforcers in the Marcos administration—pushing reforms that transform tax collection from mere compliance into a powerful tool for nation-building.

For mining companies, the warning is loud and clear: comply, pay up, and follow the law.

Because under Commissioner Atty. Charlie Martin Mendoza, the BIR is digging deeper than ever—and this time, nobody gets a free ride.

Spread the news