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Philippines urges speedy PJEPA review
The Philippines is wants a faster conclusion of the ongoing general review of the Philippines-Japan Economic Partnership Agreement, even as it continues to push for improved market access for some of its products, according to an official of the Department of Trade and Industry......»»
Farmers want tariffication review, cool to rice SRP
Farmers in Central Luzon, considered as the rice granary of the Philippines, are calling for the abolition or review of the Rice Tariffication Law......»»
POGuo
Graft, grave misconduct, conduct prejudicial to the best interest of the service, gross neglect of duty, possible money laundering, tax evasion, plus lying in the certificate of candidacy in 2022, which could lead to ouster and disqualification from public office......»»
Illegal Parking
An almost daily scene in front of a Catholic-run school in General Santos City. On Thursday, 23 May 2024, motorists ignore as usual dozens of no-parking signs along a portion of the national highway, built by tax money but turned into a private school parking lot. MindaNews photo by ROMMEL REBOLLIDO.....»»
Tax breaks on e-motorcycles lauded
An international think tank and a consumer advocacy group commended the recent approval of the National Economic Development Authority (NEDA) to finally include two and three-wheeled electric vehicles (EVs) in government tax incentives under Executive Order 12......»»
DOF sticks with P4.3 trillion revenue goal
The Department of Finance is keeping its P4.3-trillion revenue target for the year, banking on non-tax measures even amid less optimistic expectations on overall economic expansion......»»
Ease of paying value-added tax?
“Doing business with the BIR and paying taxes has never been easier,” these were the words of Charlito Martin Mendoza, Undersecretary of the Revenue Operations Group of the Department of Finance, as he delivered the keynote message of the Secretary of Finance during the Ease of Paying Taxes (EOPT) Act Roadshow for the NCR cluster......»»
Palace nod awaited on recommendation for e-motorcycle tax breaks
Tax breaks on e-motorcycles — considered by stakeholders as a win fort the electric vehicle (EV) industry — are just one signature away......»»
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......»»
Duty Free Philippines set to hold ‘biggest’ sale event for 37th anniversary
Duty Free Philippines Corporation, the country’s premier destination for duty- and tax-free shopping catering to international travelers and overseas Filipino Workers will celebrate its 37th anniversary this week with a sale event......»»
Speaker to BIR: Economic growth rests on hitting targets
Speaker Martin Romualdez urged the Bureau of Internal Revenue to ensure that the tax agency hits its targets this year, emphasizing that “hitting revenue targets means the government can fund its spending program, which will enable growth.”.....»»
Comparing apples and oranges: The different withholding tax treatment for service contractors
Comparing apples and oranges does not often result in similar treatment, as not all similar objects are treated (or taxed) alike......»»
Government, miners agree on fiscal regime proposal
Miners and government officials have reached a middle ground on the tiering of a proposed windfall profit tax for the mining industry that could pave the way for the approval of the long-awaited mining fiscal regime......»»
Cebu City Mayor Mike Rama suspended for 6 months
CEBU CITY, Philippines — Cebu City Mayor Michael Rama has been placed under suspension by the Office of the Ombudsman. The state’s anti-graft investigating body on Wednesday, May 8 announced that they ordered to put Rama under preventive suspension for six months. READ MORE: 4 ex-tax mappers pay of Cebu City ‘signed’ but… 4 Cebu.....»»
10 NPA revolutionary tax collectors in Bukidnon surrender
Ten members of the New People’s Army from a group that forcibly collected money on monthly basis from hapless farmers and merchants turned in 18 assorted firearms and explosives and pledged allegiance to the government in Maramag, Bukidnon on Tuesday......»»
Local business tax exemption for registered enterprises: Who has the final say?
For a moment, imagine being in a position wherein you have multiple siblings and each of them are instructing you to do different things for one situation that requires a single solution......»»
Romeo Lumagui: Beyond taxes
Whether it’s a selfie, an autograph or a video greeting — the country’s top taxman willingly obliges as he tries to bring the difficult yet necessary concept of tax closer to Filipinos. There is a running joke that in every administration, only one or two government officials will have a more appealing look that would often pique the public’s interest beyond their official job description......»»
BPI Customers Experience Transaction Delays Due to High Weekend Activity
Bank of the Philippine Islands (BPI) customers faced delays in essential banking services due to a surge in weekend transactions, primarily tax payments, today, April 16, 2024. In a Facebook post, BPI said that their services which include ATM withdrawals, CAM deposits, Debit Card purchases, BPI app, BPI online, and the use of BPI online […].....»»
Emperador earnings drop in 2023
Earnings of Emperador Inc. fell by double digits last year due to higher interest expense and tax......»»
Streamlining the Philippines’ tax regime by taxing digital services
It is undeniable that we are currently living in a dynamic landscape of the digital era......»»