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WTO nations to tackle tax-free status of movie, music, games traded online

WTO nations to tackle tax-free status of movie, music, games traded online.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

E-motorcyles likely included in review of tax breaks – NEDA

The executive order modifying the tariff rates for electric vehicles will be up for review next week, with the possible inclusion of e-motorcycles in the list of vehicles that benefits from tax breaks......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Councilor to call for staggered tax hike

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

Category: newsSource:  sunstarRelated NewsFeb 18th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 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

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

23 Makati barangays to receive P10M from real property tax collection

The Makati City government said that 23 of its barangays are slated to receive an extra P10 million each from the city's basic real property tax collection......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

Makati barangays to get P10 million more from tax shares

All 23 barangays of Makati are each getting an additional P10-million share from the city’s basic real property tax collection following the transfer of the 10 enlisted men’s barrio or “embo” barangays to Taguig, Mayor Abby Binay said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 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

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

Recto to prioritize pending tax reforms

Newly appointed Finance Secretary Ralph Recto has committed to focusing on tax measures deemed a priority by President Marcos......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Authentic System Solutions streamlines processes and workflows

Discover how Authentic System Solutions can help streamline your construction business processes & workflows. Founded in 2013, Authentic System Solution is a Cebu-based Software Company with over 100 active clients nationwide and is compliant with BIR Computerized Accounting System (CAS) requirements.  “Our goal is to help our client’s process and workflows in-place based on the.....»»

Category: newsSource:  inquirerRelated NewsFeb 3rd, 2024

No extension: Tax filings to lift BIR collections to P406 billion in April

The Bureau of Internal Revenue is expecting to collect more than P400 billion this month, largely driven by the annual income tax return filing which will not be extended beyond April 15......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Excise tax on single-use plastics to yield P34 billion

The move to slap excise taxes on single-use plastics is seen generating P34 billion for the government and curbing the increasing mismanagement that contributes to overall pollution......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

The truth in the case of false returns

For too long a time, there existed two opposing views in the interpretation of Section 222(a) of the Tax Code......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Alliance Global injects P2.6-B into Megaworld

Megaworld clarified the recent subscription of its parent company, Alliance Global, to 1.375 billion common shares at P1.90/share to say that it is part of a plan to increase MEG’s outstanding authorized capital stock by P5.5 billion (from P40.2 billion to P45.7 billion)......»»

Category: financeSource:  philstarRelated NewsMay 22nd, 2024

Approved foreign investments into Philippines fall 63.6 pct in Q1

MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2024

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024