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No take back on tax: The irrevocability rule

Life is about choices and sometimes, we will make decisions that we cannot take back. In times of uncertainty and indecisiveness, it’s important to think about these choices a thousand times and consider the possible consequences......»»

Category: financeSource: philstar philstarMar 18th, 2024

Tax Notes: BIR clarifies tax treatment of interest on borrowings

Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Tax Notes: Online sellers subject to 1% expanded withholding tax

Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

‘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......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

CTTMO heightens 20-sec rule for PUVs

The City Transport and Traffic Management Office (CTTMO) in Davao City is intensifying the enforcement of the 20-second rule for public utility vehicles (PUVs) in loading/non-loading areas to alleviate traffic congestion during peak hours. CTTMO Head Dionisio Abude announced that 36 new traffic personnel will be assigned to monitor yellow boxes and ensure that PUVs, particularly jeepneys, do not exceed the 20-second limit in designated areas. Violators will be issued citation tickets for disregarding traffic signs, and those with expired or fake PUV IDs will face penalties. Additionally, the CTTMO is increasing efforts to curb illegally parked cars and urging drivers to keep intersections clear. These measures, along with the enforcement of the new speed limit policy, aim to promote safe and orderly traffic. Abude emphasized the importance of motorists' cooperation in respecting traffic rules and regulations for a disciplined and courteous driving environment......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Peru: Congress Runs Roughshod Over Rule of Law

(Washington, DC) - The decision by Peru's Congress on March 7, 2024, to arbitrarily remove two members of the National Board of Justice severely undermines judicial independence, the rule of law, and the protection of human rights, Human Rights Watch said today. The Organization of American States (OAS) should convene a meeting of its Permanent Council to address ongoing attacks on judicial independence in Peru......»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Chiba Jets edge Seoul SK Knights in thriller to rule EASL

Japan B. League’s Chiba Jets stamped their class as the region’s best, capping a perfect campaign with an exciting 72-69 finale win over Seoul SK Knights of the Korean Basketball League to rule the East Asia Super League (EASL) Sunday at the jam-packed Hoops Dome here......»»

Category: sportsSource:  philstarRelated NewsMar 10th, 2024

BrahMos consignment to Philippines: 'Could this have been imagined during Congress rule?' asks PM Modi

Bengaluru (Karnataka) [India], April 20 (ANI): Referring to the first consignment of India's BrahMos missile to the Phillippines, Prime Minister Narendra Modi on Saturday asked whether all this could have been imagined during Congress rule. "Yesterday, the first consignment of India's BrahMos missile has been dispatched to the Philippines. This has generated employment opportunities in large numbers on the ground level. C.....»»

Category: newsSource:  manilanewsRelated NewsApr 21st, 2024

Putin poised to rule Russia for 6 more years after an election with no other real choices

Putin poised to rule Russia for 6 more years after an election with no other real choices.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Putin poised to rule Russia for 6 more years after an election with no other real choices

Putin poised to rule Russia for 6 more years after an election with no other real choices.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Elmer Bartolo, Madelyn Carter rule 'Araw' Davao City Marathon 2024

Elmer Bartolo, Madelyn Carter rule 'Araw' Davao City Marathon 2024.....»»

Category: newsSource:  sunstarRelated NewsMar 14th, 2024

USJ-R Jaguars rule Red Bull 3-on-3

USJ-R Jaguars rule Red Bull 3-on-3.....»»

Category: newsSource:  sunstarRelated NewsMar 13th, 2024

Criminologists defeat Medisina to rule over Professionals Basketball League Season 2

Criminologists defeat Medisina to rule over Professionals Basketball League Season 2.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Garcia to Pimentel: Comelec has rule-making power

Garcia to Pimentel: Comelec has rule-making power.....»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

DICT still working to take back hacked DOST website

The Department of Information and Communications Technology is working to take back control and ascertain the extent of the hack undertaken by a local group on the Department of Science and Technology information technology systems, which include at least three DOST websites......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Duterte to Marcos: let’s take a drug test at the Luneta Park

DAVAO CITY (MindaNews / 30 January)—Former President Rodrigo Duterte dared President Ferdinand Marcos Jr. to take a drug test at the Luneta Park in Manila to prove to the public that he does not use illegal drugs. He said he is willing to take the drug test, too. “It is not me who will prove, […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 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

Call to tax the very richest arises from their own ranks

The combined wealth of the world’s very richest dipped by $500 billion in 2023, to $12.2 trillion from $12.7 trillion in March 2022, according to Forbes, whose list of 2,668 billionaires in 2022 also dipped to 2,640. The post Call to tax the very richest arises from their own ranks appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 22nd, 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