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CGBP training program on tax rights, remedies

The Center for Global Best Practices will host a special online training titled “Tax Rights and Remedies for SMEs and Large Taxpayers” on April 18 and 19, from 9 a.m. to 12 p.m. via Zoom......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Recto bats for tax, tariff relief for hybrids

Finance Secretary Ralph Recto is in favor of granting reduced excise tax and preferential tariff to hybrid vehicles......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Energy specialist backs tax breaks for e-motorcycles

Giving tax incentives to e-motorcycles is justified because of their proven contribution in reducing carbon emissions, a specialist from the Department of Energy (DOE) said......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

Tax Notes: BIR issues clarification on the taxation of cross-border services

Tax Notes: BIR issues clarification on the taxation of cross-border services.....»»

Category: newsSource:  sunstarRelated NewsMar 31st, 2024

No objections for e-motorcycle tax breaks in EO12 review

Views and position papers elicited from government agencies and EV industry stakeholders for the revision of an executive order have offered no objection to the inclusion of e-motorcycles in the tax incentives......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

House panel OKs tax breaks for companies hiring senior citizens

Under the bill, companies hiring elderly workers can avail of a 25% tax reduction of the amount paid to salaries, wages and benefits and trainings for senior citizens. .....»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

CA approves ad interim appointment of Recto

The Commission on Appointments approved yesterday the ad interim appointment of Finance Secretary Ralph Recto, who vowed to plug tax leaks, improve tax administration and prevent wasteful expenditures......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

DOJ sues firm for tax evasion

The Department of Justice has filed criminal charges against a company for evading tax payment by using fake receipts......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

Rama mihangyo property tax aprobahan

Rama mihangyo property tax aprobahan.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

House panel OKs tax-free hazard pay to judges, prosecutors

A House panel has approved a substitute bill that seeks to grant tax-free hazard pay to prosecutors and judges of regional, metropolitan, and municipal trial courts......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

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......»»

Category: newsSource:  samarnewsRelated NewsFeb 27th, 2024

WTO nations to tackle tax-free status of movie, music, games traded online

WTO nations to tackle tax-free status of movie, music, games traded online.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

E-motorcyles likely included in review of tax breaks – NEDA

The executive order modifying the tariff rates for electric vehicles will be up for review next week, with the possible inclusion of e-motorcycles in the list of vehicles that benefits from tax breaks......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Councilor to call for staggered tax hike

Councilor to call for staggered tax hike.....»»

Category: newsSource:  sunstarRelated NewsFeb 18th, 2024

Tax break for 2-wheeled EVs gains ground in Congress

Giving tax breaks for two-wheeled electric vehicles is getting more support from Congress, as a bill aiming for their inclusion in the list of vehicles benefiting from tariff reduction has been filed in the House of Representatives......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

DOF drops income tax hike for dividend income

The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Excise tax collection declines to P292 billion

Lower consumption of ‘sin’ products as prices of essential goods increased last year resulted in the drop of excise tax collections by the government, further exacerbated by the still rampant illicit trade......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions

Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»

Category: newsSource:  sunstarRelated NewsFeb 10th, 2024

Tax credit scam: 5 ex-DOF execs get 8 years

The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024