No need for tax hike on oil, just rationalize fiscal incentives - Drilon

No need for tax hike on oil, just rationalize fiscal incentives - Drilon.....»»

Category: topSource: interaksyon interaksyonJan 12th, 2017

Rationalize fiscal incentives to boost state revenues – Drilon

MANILA, Philippines - Senate President Pro-Tempore Franklin Drilon has urged the government to review and rationalize fiscal incentives granted to businesses.....»»

Category: financeSource:  philstarRelated NewsJan 13th, 2017

Opinion: My Cup Of Liberty -- Bienvenido S. Oplas, Jr.: "Myths in the Philippines' tax reform bill"

The current tax reform proposal of the Duterte administration promises to improve the Philippines' competitiveness mainly by reducing income tax rates and cutting exemptions in value-added tax (VAT) and other fiscal incentives. The proposal has somehow created three myths in taxation......»»

Category: financeSource:  bworldonlineRelated NewsMar 23rd, 2017

Fed’s Yellen says rate hike coming; fiscal policy adds uncertainty

Fed’s Yellen says rate hike coming; fiscal policy adds uncertainty.....»»

Category: newsSource:  manilatimes_netRelated NewsFeb 15th, 2017

Drilon: SSS contribution hike 'illegal'

Drilon: SSS contribution hike 'illegal'.....»»

Category: newsSource:  rapplerRelated NewsJan 12th, 2017

Drilon: SSS premium hike is illegal - InterAksyon

Drilon: SSS premium hike is illegal - InterAksyon.....»»

Category: newsSource:  googlenewsRelated NewsJan 11th, 2017

SSS premium hike against the law, says Drilon -

SSS premium hike against the law, says Drilon -»»

Category: newsSource:  googlenewsRelated NewsJan 11th, 2017

SSS contribution hike is not invalid, illegal

Social Security System (SSS) refutes statement of Senate President Pro Tempore Franklin Drilon that the hike in SSS contributions is “invalid and illegal.” Social Security Commission Chairman Dean Amado D. Valdez said that the P1,000 increase in SSS pension effective January 2017 will be financed by current contributions and investment income. The additional contribution hike [&'].....»»

Category: newsSource:  remateRelated NewsJan 11th, 2017

Planned hike in SSS contributions invalid, illegal —Drilon - GMA News

Planned hike in SSS contributions invalid, illegal —Drilon - GMA News.....»»

Category: newsSource:  googlenewsRelated NewsJan 11th, 2017

Drilon: SSS premium hike is illegal

Drilon: SSS premium hike is illegal.....»»

Category: topSource:  interaksyonRelated NewsJan 11th, 2017

Budget chief nixes unnecessary tax perks

MANILA, Philippines – Budget Secretary Benjamin Diokno has likened redundant fiscal incentives to “pork barrel” as he cited the need to review tax perks that.....»»

Category: financeSource:  philstarRelated NewsJan 4th, 2017

Government urged to defer overhaul of fiscal incentives

Too soon, Israeli business group says.....»»

Category: financeSource:  philstarRelated NewsDec 14th, 2016

BIR sets guidelines on perks for TIEZA locators

MANILA, Philippines - The Bureau of Internal Revenue has finally issued the guidelines on the grant of fiscal incentives to businesses and operators inside t.....»»

Category: financeSource:  philstarRelated NewsNov 25th, 2016

Philippines urged to look at fiscal incentives of Southeast Asia neighbors

MANILA, Philippines – The Philippines is advised to take a look at the tax perks being offered by its peers in Southeast Asia before the country embarks on i.....»»

Category: financeSource:  philstarRelated NewsAug 24th, 2016

No new fiscal incentives for investments – Pernia

MANILA, Philippines - The Duterte administration is reluctant to provide new fiscal incentives for investors even as it wants to decentralize growth by rampi.....»»

Category: financeSource:  philstarRelated NewsAug 21st, 2016

Spendinghike drivesfirst-halffiscal gap

THE COUNTRY's budget balance swung to a deficit last semester on a double-digit rise in expenditures that, in turn, is expected to have spurred the economy to have grown faster in the second quarter, the Finance department reported yesterday......»»

Category: newsSource:  bworldonlineRelated NewsJul 27th, 2016

PH gov't told to pay Maynilad over P3B for delayed tariff hike

PH gov't told to pay Maynilad over P3B for delayed tariff hike.....»»

Category: newsSource:  rapplerRelated News11 hr. 51 min. ago

Economy: Tax incentives to become more selective, performance-based

THE Finance department said its second tax reform package, which focuses on rationalizing tax incentives for corporations, will be more selective in granting investment perks, including conditions linked to the investor's performance......»»

Category: financeSource:  bworldonlineRelated News12 hr. 17 min. ago

Aguirre, officials accused of ‘cover-up’ in downgrading murder raps vs Marcos

SENATOR Franklin Drilon believed that Justice Secretary Vitaliano Aguirre 2nd and other officials had a hand in an alleged “cover-up” to downgrade the charges against a police official accused in the murder of a former Leyte mayor. Supt. Marvin Marcos, former chief of Criminal Investigation and Detection Group (CIDG) of Eastern Visayas, and 18 other [...].....»»

Category: newsSource:  manilatimes_netRelated News17 hr. 17 min. ago

Lacson, Drilon smell 'cover-up' in Supt. Marcos' liability -

Lacson, Drilon smell 'cover-up' in Supt. Marcos' liability -»»

Category: newsSource:  googlenewsRelated News20 hr. 17 min. ago

Sporting KC's Dom Dwyer traded to Orlando in record deal

em>By Anne M. Peterson, Associated Press /em> Sporting Kansas City forward Dom Dwyer has been traded to Orlando City for what could be a Major League Soccer-record $1.6 million. Orlando traded $900,000 in guaranteed allocation money plus more based on performance in the deal for Dwyer, who recently got his first call-up for the U.S. national team after becoming a citizen. Sporting Kansas City coach Peter Vermes praised Dwyer for his play on the field and for being a 'tremendous ambassador' for the team. 'How do we replace Dom? I don't know that we do. Go find another player maybe that gives you other strengths that you can work with. But tremendous player and a great guy for our club and that's not going to be easy to replace,' Vermes said on a conference call Tuesday after the trade was announced. Vermes added: 'At the same time this is an incredible resource to help us navigate the salary cap over the next so many years.' Dwyer was selected by Kansas City in the 2012 MLS SuperDraft. He ranks second on the team with five goals this season, and he's scored 57 goals in 128 games during his MLS career. He posted his thanks to Sporting fans on Instagram . 'I hope I made a footprint in your hearts like you did mine. Kansas City I love you & I always will. This isn't goodbye, just a see you later. My Mum's always told me 'leave it better than you found it,' he wrote. Dwyer scored in his national team debut against Ghana this month. He also scored against Panama in the opening game of the CONCACAF Gold Cup. MLS says the previous record was Orlando's trade of Kevin Molino to Minnesota United for $650,000 in allocation money. 'Our group has worked hard to find potential additions to the club and we are thrilled to finalize this deal and add an important piece to the roster in Dom,' Orlando City CEO Alex Leitao said in a statement. 'Dom is a fantastic player who recently gave us a glimpse of what he is capable of with the U.S. men's national team and will keep doing so with the club and at the MLS All-Star game next week.' Dwyer, 26, is married to women's national team forward Sydney Leroux, who plays for FC Kansas City of the National Women's Soccer League. The couple lives with their infant son Cassius in the Kansas City area. Dwyer and Leroux are the first husband-and-wife duo to each score for the U.S. national soccer team. They are just the fourth married couple to play for the United States, joining Jim Gabarra and Carin Jennings, Claudio Reyna and Danielle Egan and Zach Loyd and Casey Nogueira. Egan's only goal was in 1993, four years before she married Reyna. Born in England, Dwyer came to the U.S. as a college student, playing at Tyler Junior College in Texas before transferring to South Florida for the 2011 season. He was the 16th overall pick for Sporting Kansas City in the 2012 draft and has 67 goals across all competitions for Sporting KC. He became a U.S. citizen in March, paving the way to a spot on the national team. On Tuesday, he was greeted by a large crowd at Orlando's airport . A news conference to welcome him to the team was scheduled for Wednesday. Vermes said he was confident that the incentives that bring the deal to $1.6 million would be met. He said he could not comment specifically on reports that Sporting was trying to bring back striker Krisztian Nemeth, who reportedly wants to return to MLS. Kansas City would have to acquire the top allocation spot from the Columbus Crew. Vermes emphasized the roster situation is fluid and the team is always looking at players. 'The question is whether or not we'll be able to get a deal done in short term or if it is going to be in the next window,' he said.   .....»»

Category: sportsSource:  abscbnRelated News21 hr. 51 min. ago