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El Niño agriculture damage reaches P151.3 million
Damage to agriculture due to El Niño in Western Visayas and Zamboanga peninsula has reached P151.3 million, with 3,291 hectares of agricultural land affected, according to the Department of Agriculture......»»
Training on COA compliance for government institutions
To guide government institutions on their compliance with the Commission on Audit Circular 2020-006, the Center for Global Best Practices will be launching a two-session online training titled “COA Guidelines and Procedures for One-Time Cleansing of Property, Plant and Equipment Account Balances” on April 18 and 19, 2024 from 1:30 to 4:45 p.m. via Zoom......»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Tax Notes: Online sellers subject to 1% expanded withholding tax
Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»
‘Revise RPT using today’s market value’
‘Revise RPT using today’s market value’.....»»
ICHRP welcomes acquittal of Maria Ressa in Philippine tax evasion case
The International Coalition for Human Rights in the Philippines (ICHRP) welcomes journalist and Nobel Prize recipient Maria Ressa’s acquittal from a Philippine tax evasion case......»»
Tax revenues jump to P3.4 trillion
The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»
‘No tax breaks for eco-zone work-from-home firms’
Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»
New finance chief eyes carbon tax
Newly installed Finance Secretary Ralph Recto is pursuing the tax reform proposals of his predecessor, starting with the imposition of a carbon tax in a bid to generate additional revenues and address environmental concerns......»»
Rama wants RPT revision complete by March
CEBU CITY, Philippines – Plans to revise the fair market value of properties in Cebu City, along with the adjustments in real property tax (RPT) calculations, should already be complete by March, Mayor Michael Rama said. Rama said that he has long communicated the need to already work on the matter to members of the Cebu.....»»
Decision-Making Process for Small Business Owners
As a small business owner, the weight of countless decisions rests entirely on your shoulders. From product development to marketing strategies, each choice can significantly impact your success. Sometimes, a single decision can make or break your business. This is why while intuition plays a role, a well-thought-out decision-making process will ensure that you’re making […].....»»
Making Home Choices Simple: Renting vs. Buying
Choosing between renting and buying a home is a decision that greatly shapes one’s lifestyle and financial future. It is a major decision that involves considering different factors, including financial responsibilities, personal preferences, and long-term goals. This article attempts to simplify the complexities associated with this decision-making process, providing straightforward insights that empower readers to […].....»»
BIR files case vs Ever Bilena over P1.6 billion tax liability
The Bureau of Internal Revenue has filed criminal charges against popular cosmetics brand Ever Bilena for allegedly failing to settle at least P1.6 billion in tax liability......»»
SC upholds decision granting Napoles bail in one PDAF case
Pork barrel scam mastermind Janet Lim-Napoles and former Masbate Rep. Rizalina Seachon-Lanete have been allowed to post bail after the Supreme Court dismissed a case related to the Priority Development Assistance Fund......»»
Rappler unpacks SC ruling on Estrada plunder, bribery case
CHEERS TO Rappler for an explainer that dissected the case of Senator Jinggoy Estrada and thoroughly discussed the ruling of Sandiganbayan.On January 19, the Sandiganbayan released a 396-page decision acquitting Estrada of plunder but convi.....»»
Court of Appeals junks ex- VP Binay’s libel case vs Trillanes
The Court of Appeals has affirmed with finality its decision junking the libel case filed by former vice president Jejomar Binay against former senator Antonio Trillanes IV over his implication that Binay was involved in an alleged P100 million-a-year racket on “ghost” senior citizens......»»
Malampaya
Our big frustration in the old Ministry of Energy was the inability to discover a big enough oil or natural gas reserves in the country......»»
COA: Mountain Province LGU awarded projects to banned firm
The Commission on Audit has flagged the provincial government of Mountain Province for awarding two irrigation projects to a blacklisted construction firm......»»
Sandigan junks ex-Palawan execs’ bid to dismiss raps
The Sandiganbayan has denied the appeal of three former provincial government officials of Palawan to be allowed to seek the early dismissal of the graft and falsification cases filed against them in connection with the alleged misuse of P1.534 billion worth of proceeds from the Malampaya gas project in 2008......»»
COA denies PNP generals’ appeal on blocked P131-million fast boat purchase
The Commission on Audit upholds the findings of the Fraud Audit Office, stating that the transaction of four former police generals in 2009 violated procurement laws.....»»