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LRTA breaches pre-pandemic revenue level
The Light Rail Transit Authority reaped the benefits of economic reopening in 2023 as its revenue breached pre-pandemic levels......»»
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......»»
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.....»»
Philippines total external trade shrinks by 15.4 pct in March
MANILA, May 8 (Xinhua) -- The Philippines' total external trade in goods recorded a year-on-year decrease of 15.4 percent in March to 15.44 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Wednesday. Of the total external trade in March, 60.3 percent were imported goods, while the rest were exported goods, the agency said. The PSA data showed the trade deficit in March amounted to 3.....»»
Proposed US Law Would Protect Human Rights Defenders
Proposed US Law Would Protect Human Rights Defenders.....»»
Digital times call for digital measures
The Bureau of Internal Revenue has recognized the undeniable rise of digital commerce in the Philippines by promulgating Revenue Regulation16-2023, issued on Dec. 21, 2023, and Revenue Memorandum Circular 08-2024, issued on Jan. 15, 2024, respectively......»»
WHO thanks Philippines for pandemic prevention, preparedness and response
World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»
WHO thanks Philippines for pandemic prevention, preparedness and response
World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»
WHO thanks Philippines for pandemic prevention, preparedness and response
World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»
Some developers cut through Chocolate Hills – DENR
Some project developers cut through the Chocolate Hills in Bohol during the construction of their structures, Environment Secretary Maria Antonia Yulo-Loyzaga said, reiterating that this is prohibited under the National Integrated Protected Areas System (NIPAS) law......»»
Vape products found with P151 million tax deficiencies
More vape products are found evading tax liabilities of around P151 million as the Bureau of Internal Revenue ramps up its enforcement activities......»»
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......»»
Ever Bilena tax liability pegged at P1.6 billion
The alleged tax deficiency of popular cosmetic brand Ever Bilena has ballooned to P1.6 billion, according to the Bureau of Internal Revenue......»»
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......»»
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......»»
BIR ramps up tax compliance drive
The Bureau of Internal Revenue has initiated a nationwide tax compliance drive to boost awareness and encourage taxpayers to pay their obligations......»»
DigiPlus hopes to grow user base by 25% to 50% in FY24
DigiPlus President Andy Tsui guided that PLUS hopes to capture 50% of the P60 billion in gross gaming revenue growth that PAGCOR expects for FY24, and that it is looking to increase its active user base by 25% to 50% to achieve this goal......»»
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......»»
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......»»