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BIR seizes P5.4 billion worth of illicit cigarettes
The trade of illicit cigarettes remains a problem with the Bureau of Internal Revenue unearthing P5.4-billion in tax liabilities from its latest operation......»»
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......»»
Hontiveros hopes for fair consideration of divorce bill in Senate
MANILA, Philippines — Sen. Risa Hontiveros expressed hope on Wednesday about the potential reintroduction of a divorce bill onto the Senate’s legislative agenda. In the House of Representatives, a bill on absolute divorce was brought for plenary consideration on Tuesday. The divorce bill in the Senate, however, remains pending for plenary discussion. “I had the.....»»
Bill pushing P100 daily wage hike gets Senate nod on 2nd reading
MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers. Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»
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.....»»
Cops seize 45 boxes of imported cigarettes in Sulu
Policemen on Sunday confiscated 45 large boxes of cigarettes from Indonesia ready for delivery to local buyers. These were found in a barangay in the seaside Indanan town in Sulu......»»
P21 million worth of smuggled cigarettes confiscated in Sarangani
The police seized P21 million worth of cigarettes from Indonesia in an anti-smuggling operation in Glan, Sarangani on Saturday......»»
P64 million smuggled cigarettes seized off Tawi-Tawi
Smuggled cigarettes with an estimated market value of P64 million were seized in the waters off Tawi-Tawi on Saturday......»»
2 arrested, P9.7-M smuggled cigarettes seized
2 arrested, P9.7-M smuggled cigarettes seized.....»»
Smuggled cigarettes seized in Cotabato
Smuggled cigarettes with an estimated market value of P1.4 million have been seized in a police operation in this city......»»
P1.4-M worth imported cigarettes seized in Cotabato City
The police will turn over this week to the Bureau of Customs the P1.4 million worth imported cigarettes seized in a nighttime anti-smuggling operation at a riverside barangay here just this weekend......»»
P1.4-M smuggled cigarettes seized
P1.4-M smuggled cigarettes seized.....»»
7 missing as pirates take over boat carrying smuggled cigarettes
Seven of 11 seafarers who were supposed to deliver smuggled cigarettes are missing since Monday after pirates divested them of their merchandise and forced them to jump out of their watercraft in an attack in the western seas of Maguindanao del Norte province......»»
P2.7-M worth imported cigarettes seized in Maguindanao del Norte
Vigilant merchants and policemen on Sunday intercepted a truck carrying P2.7 million worth of imported cigarettes in Sultan Kudarat, Maguindanao del Norte......»»
Customs seizes P28 million smuggled cigarettes
The Bureau of Custom confiscated nearly P28 million worth of smuggled cigarettes in Mindanao as the illegal entry of the commodity remains rampant......»»
P114-M smuggled cigarettes seized in Zamboanga City
P114-M smuggled cigarettes seized in Zamboanga City.....»»
Delivery drivers urge Mayor Baste for business permit exemption
Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»
‘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......»»
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......»»