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Lapu-Lapu City signs agreement with private firm for socialized housing project
LAPU-LAPU CITY, Cebu —The Lapu-Lapu City Government has entered into an agreement with a private firm for a socialized housing project in Barangay Calawisan that is scheduled to be realized this year. On Thursday, April 4, Mayor Junard “Ahong” Chan and Johndorf Ventures Corporation President/CEO Richard Lim formally signed a Deed of Donation for the.....»»
Makati: Ambulance recall followed DOH guidelines
The recall of an ambulance previously assigned to an enlisted men’s barrio or “embo” barangay complied with conditions stated in the deed of donation executed by the Department of Health (DOH), a Makati City official said yesterday......»»
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.....»»
Chavit’s P200,000 ‘donation’ falls under income – Artes
Former Ilocos Sur governor Luis “Chavit” Singson’s “donation” of P200,000 to the Metropolitan Manila Development Authority is considered retained income, contrary to a statement by a Civil Service Commission official, acting MMDA Chairman Romando Artes said yesterday......»»
3ID spearheads Army-wide blood donation drive
3ID spearheads Army-wide blood donation drive.....»»
$1B donation makes New York medical school tuition free and transforms students lives
$1B donation makes New York medical school tuition free and transforms students lives.....»»
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......»»
‘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......»»
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......»»
4th Impact binura na ang fundraising para sa ‘farm’ ng 200 aso
TULUYAN nang tinanggal ng P-pop girl group na 4th impact ang kanilang isinagawang donation drive sa GoFundMe para sa kanilang pag-aaring 200 na aso. Nitong Martes ng gabi, March 5 ay sinubukan naming bisitahin ang naturang post ng girl group sa naturang website ngunit nang tignan namin ay burado na ito. “Fundraiser not found. Please.....»»
4th Impact may pa-fundraising para sa 200 dogs, netizens uminit ang ulo
NAGLUNSAD ng donation drive ang Pinoy girl group na 4th Impact para sa ipapatayong “dreamland” ng kanilang 200 dogs. Noong February 23, nagkaroon ng “Go Fund Me” page ang grupo na ginawa ng nakatatandang kapatid na si Elvira. Ang goal nila sa fundraising ay makalikom ng $10,000 o mahigit kalahating milyong piso. Sa nasabing page,.....»»
Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles
The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»
Ineffective deed
Under Article 1332 of the Civil Code, there is a presumption of fraud or mistake in the execution of a document if the person who executed it is illiterate. But can such presumption be overcome? If so, how can it be overcome? This is answered and explained in this case......»»
4 ex-tax mappers pay of Cebu City ‘signed’ but…
CEBU CITY, Philippines – The payrolls have been signed and salaries are now being processed, but it is still not enough. The payroll for four Cebu City regular government employees and former tax mappers has been signed and is now in the process of releasing their salaries, which have been pending for 10 months. However,.....»»
Former Cebu City Hall tax mappers not to blame for salary delay
Former Cebu City Hall tax mappers not to blame for salary delay.....»»
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......»»
EDITORIAL - Taxes and governance
It’s tax filing month, and the government as usual launched a campaign to inform the public about meeting the deadline for filing tax returns......»»
Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing
Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing.....»»
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......»»