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‘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: philstar philstarJan 23rd, 2024

Kyle Echarri: ‘May not be complete, but at least I’m home’

CEBU CITY, Philippines— Kyle Echarri is one young celebrity who would rather spend a break from work by going home rather than travel to another country or place. Kyle is one proud Cebuano celebrity who has recently released a single with fellow Cebuano singer JK Labajo titled, “Kasing-Kasing.” The 20-year-old singer-actor is also known for.....»»

Category: newsSource:  inquirerRelated NewsMar 29th, 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

Beat the Heat: Tips for Staying Cool at Work

Summer is just around the corner, and you know how hot the days get, especially with a looming El Niño — days would get hotter and hotter. Sometimes we can’t avoid going outside, especially during work. Whether you are going to meet a client somewhere around the city or just commuting to work, the heat […].....»»

Category: newsSource:  metrocebuRelated NewsMar 21st, 2024

Subic sees more investment incentives under CREATE Act

Investor companies located in this free port zone are expected to benefit from more tax perks as the government seeks to rationalize taxes and attract more investments under Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises Act......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

New tax proposals seen to yield P213 billion revenue

The Marcos administration expects to generate P213 billion over the next five years from the priority tax proposals of the Department of Finance......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Revenue loss due to PIFITA may hit P126 billion

The government may have to forgo P126 billion in revenues over the next five years from the remaining tax reform package that seeks to simplify the tax system......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

IT-BPM Industry Leads Philippines Best Workplaces 2024, IBPAP Invites Talented Professionals to Experience Great Places to Work

The Philippines’ Information Technology and Business Process Management (IT-BPM) industry is proud to announce its recognition as home to some of the Philippine’s Best Workplaces 2024, honored by Great Place To Work in an awards ceremony at Grand Hyatt Manila last March 19. IT-BPM companies stand out for their excellence in workplace culture. Among the […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

Enjoying Your Summer Vacation Without Compromising Work

The allure of summer adventures is here. The sun is up and a beach outing or an overdue vacation to your province is just around the corner. Balancing work commitments with relaxation can be hard. But you can carefully plan and strategize your summer vacation and work to not compromise one after the other. Here’s […].....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

Sanya Lopez ayaw pang magka-lovelife: ‘Ang hirap na hindi mo mabigyan ng oras’

WORK, work, work muna ngayong 2024 ang aktres na si Sanya Lopez. ‘Yan ang sinabi niya mismo sa naging panayam sa podcast na “Updated with Nelson Canlas” kamakailan lang. Ayon sa kanya, mas gusto niyang i-priority ang kanyang karera kaysa sa magkaroon ng lovelife. Iginiit din niya na kasalukuyan siyang happy sa mga nangyayari sa.....»»

Category: newsSource:  inquirerRelated NewsJan 13th, 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

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

Councilor to call for staggered tax hike

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

Category: newsSource:  sunstarRelated NewsFeb 18th, 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

DOF limits tax-exempt status for pickup trucks

The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Man breaks into Quezon City house, stabs couple

Police have launched a manhunt for a 37-year-old man who reportedly broke into a couple’s home and stabbed them in Quezon City before dawn yesterday......»»

Category: newsSource:  philstarRelated NewsJan 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

Ever Bilena faces P9.3 million tax rap

The Bureau of Internal Revenue has filed a criminal complaint against popular cosmetic brand Ever Bilena for nearly P10 million in alleged tax deficiencies......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

All 216 victims of suspected food poisoning in Agusan Sur sent home

SAN FRANCISCO, Agusan del Sur (MindaNews / 23 February) — All 216 patients who were mostly admitted to the Esperanza Medicare Community Hospital for suspected food poisoning were already discharged and sent home Wednesday, the local government of Esperanza town in Agusan del Sur said in a Facebook post Thursday. They were transported home aboard […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 25th, 2024

10th ID bashes Canadian gov’t for travel advisory vs Mindanao

The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024