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......»»
Tax Notes: Online sellers subject to 1% expanded withholding tax
Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»
BIR delays 1 percent withholding tax on online sellers
The Bureau of Internal Revenue has deferred the imposition of the one percent withholding tax on online platform providers to mid-July instead of mid-April to allow adjustments among taxpayers......»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
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......»»
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»
Breaking Down Apples Vision: iFixit Sheds Light on Apples New Pro Device – The Daily Guardia
iFixit Provides Teardown of Apple Vision Pro Mixed Reality Headset In a recent teardown conducted by iFixit, a well-known source for dissecting and analyzing popular.....»»
What You Need to Know About TimeWalker IntimaLaser, the Revolutionary Treatment for Vaginal Health Conditions
SMV Obstetrics and Gynecology has introduced TimeWalker IntimaLaser, a cutting-edge non-invasive treatment that can help women with various vaginal health issues. TimeWalker IntimaLaser offers a safe and effective solution with minimal discomfort and no serious reported side effects. TimeWalker IntimaLaser treatment requires some precautions to ensure a safe and effective outcome. Patients need to have […].....»»
CHO opens Animal Bite Treatment Center in Tibungco
IN TIME for the observance of Rabies Awareness Month, the Davao City Health Office (CHO) opened an Animal Bite Treatment Center (ABTC) in Tibungco, Bunawan District, a welcome addition to the existing six other Animal Bite Treatment Centers in Toril, Tugbok, Marilog, Calinan, Sasa, and Paquibato......»»
Al-ag proposes to repeal ordinance requiring delivery riders biz permits
Davao City Councilor Bernie Al-ag has proposed the repeal of an ordinance that requires delivery riders to obtain business permits. The ordinance in question, City Ordinance 0612-21 series of 2021, classified delivery riders as independent service contractors, mandating them to apply for business permits. However, a joint memorandum circular issued by various government agencies exempts individuals providing personal services, including delivery riders, from securing business permits. Al-ag emphasized that the city government must adhere to the guidelines set forth in the memorandum. While the proposed repeal is pending, Al-ag advised delivery riders to comply with the existing ordinance. He expressed confidence in the passage of the repeal, citing the solid basis provided by the joint memorandum. Despite a group of delivery riders seeking an audience with Davao City Mayor Sebastian Duterte on the matter, Al-ag's proposal was drafted in response to a separate petition. He clarified that the repeal is not about monetary collection but aligning with national law, which exempts delivery riders from obtaining business permits. Al-ag remains optimistic about the repeal's approval, pointing to the support provided by the joint memorandum as a strong foundation for his proposal......»»
Vaccine Effectiveness: Comparing COVID-19 Shots to Protect Against Severe Disease
Title: University of Michigan Study Finds Sequential COVID-19 Vaccine Doses Provide Substantial Protection Against Hospitalization and Death Date: [Current Date] Byline: [Your Name], Health Correspondent.....»»
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......»»
‘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 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......»»
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......»»
BIR to go after Alice Guo’s tax records, possible tax evasion
The Bureau of Internal Revenue (BIR) will investigate embattled Bamban, Tarlac Mayor Alice Guo and her companies for possible tax evasion, the revenue chief said on Friday. BIR Commissioner Romeo Lumagui Jr. said his agency will fully cooperate with a Senate inquiry into Guo, whose citizenship and wealth have become the center of controversy following.....»»
India s $1 pill could be key to curing cancer - report
Researchers at the TATA Institute have developed a medicine that could prevent the recurrence of cancer and reduce the side effects of treatment by 50% The TATA Institute in Mumbai has developed a pill that could prevent the recurrence of cancer and reduce the side effects of treatment by 50%, the Economic Tim.....»»
Water Treatment Demo
Personnel from the Metro Manila Development Authority demonstrate the use of water treatment equipment to ensure potable water supply for displaced residents taking shelter at the compound of the Immaculate Conception Quasi Parish in Barangay Elizalde in Maco, Davao de Oro on Sunday (11 February 2024). MindaNews photo by GREGORIO BUENO.....»»
DOH to review stem cell treatment guidelines
The Department of Health will soon review and update the existing guidelines for stem cell treatment......»»
Septage treatment plant eyed for operation in Q3
AN OFFICIAL from the Davao City Water District (DCWD) revealed that the water district is planning to operationalize its Septage Management Program (SMP) treatment plant by the third quarter of 2024......»»
Breakthrough treatment improves cancer survival rate
With the introduction of a breakthrough treatment, there is now an improved overall survival rate for those suffering from biliary tract cancer,according to cancer experts......»»