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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 - Inquirer.net

SSS premium hike against the law, says Drilon - Inquirer.net.....»»

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

Drilon urges Duterte: Give allowance hike to civilian workers

Drilon urges Duterte: Give allowance hike to civilian workers.....»»

Category: editorialSource:  inquirerRelated NewsOct 4th, 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

Xurpas posts 33% hike in 2016 earnings

MANILA, Philippines - Listed gaming technology firm Xurpas Inc......»»

Category: financeSource:  philstarRelated News15 hr. 50 min. ago

Barangays use social media, incentives to get residents to join assemblies

Barangays use social media, incentives to get residents to join assemblies.....»»

Category: newsSource:  rapplerRelated NewsMar 27th, 2017

Tax Notes: Pre-processed RELIEF and BOC data in aid of tax audits

div class="field field-name-field-location field-type-taxonomy-term-reference field-label-above"> div class="field-label">Location:  /div> div class="field-items"> div class="field-item even"> a href="/taxonomy/term/18" typeof="skos:Concept" property="rdfs:label skos:prefLabel" datatype="">Cebu /a> /div> /div> /div> div class="field field-name-body field-type-text-with-summary field-label-hidden"> div class="field-items"> div class="field-item even" property="content:encoded"> PREVIOUSLY, third party information such as Reconciliation of Listing for Enforcement (RELIEF) and Bureau of Customs (BOC) data are generated only upon request of investigating offices conducting the tax audits. Under the recently issued RMO 6-2017, the third party information will be automatically generated and transmitted to investigating offices, for taxpayers who were issued electronic letters of authority (eLAs). The Business Intelligence Division (BID) of the BIR Information Systems Group (ISG) will extract the RELIEF data on SLS/SLP and the BOC data on importations pertaining to taxpayers with issued eLAs. The data will be transmitted to the Audit Information, Tax Exemption and Incentives Division (AITEID) within three days from extraction for dissemination to respective revenue officers. A status report on how the data was utilized in the audit and its impact on the assessment to the AITEID is required. Similarly, an explanation is required for non-utilization of data. Please be guided accordingly. strong>Source: P& A Grant Thornton /strong> /div> /div> /div>.....»»

Category: newsSource:  sunstarRelated NewsMar 27th, 2017

Drilon: Is Duterte allies' bid to oust Leni political double talk? - Inquirer.net

Drilon: Is Duterte allies' bid to oust Leni political double talk? - Inquirer.net.....»»

Category: newsSource:  googlenewsRelated NewsMar 27th, 2017