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Tax Notes: BIR issues clarification on the taxation of cross-border services

Tax Notes: BIR issues clarification on the taxation of cross-border services.....»»

Category: newsSource:  sunstarRelated NewsMar 31st, 2024

Meralco secures 400-MW supply requirement from SMC’s Limay Power

Manila Electric Co. yesterday secured 400 megawatts (MW) for its interim supply requirements following a competitive selection process......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

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......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

More E. Visayas LGUs named among most competitive by DTI

COMPETITIVE CITY. The Tacloban City Hall. The city has been selected as one of the most competitive areas in the country in the 2020 cities and municipalities competitiveness index of the Department of Trade and Industry. (PNA file photo) TACLOBAN CITY – More local government units (LGUs) in Eastern Visayas have made it to the […].....»»

Category: newsSource:  balitaRelated NewsApr 9th, 2024

PBA All-Stars promise competitive game

Expect a competitive PBA All-Star game in Bacolod this weekend, as Japeth Aguilar and the rest of Team Japeth aim to go back-to-back on Sunday......»»

Category: sportsSource:  philstarRelated NewsMar 21st, 2024

Tubod in Surigao del Norte named most competitive municipality

Tubod, a municipality in Surigao del Norte, has been recognized as the most competitive among 315 5th-6th class municipalities during the Philippine Creative Cities and Municipalities Competitiveness Congress held on September 28......»»

Category: lifestyleSource:  abscbnRelated NewsMar 19th, 2024

Tubod in Surigao del Norte named most competitive municipality

Tubod, a municipality in Surigao del Norte, has been recognized as the most competitive among 315 5th-6th class municipalities during the Philippine Creative Cities and Municipalities Competitiveness Congress held on September 28......»»

Category: newsSource:  samarnewsRelated NewsMar 9th, 2024

SC affirms ruling granting bail to ex-Masbate lawmaker, Napoles

The Supreme Court (SC) has affirmed a ruling of the Sandiganbayan that allowed businesswoman Janet Lim-Napoles and former Masbate congresswoman Rizalina Seachone-Laneta to post bail in the plunder charges filed against them in connection with the Priority Development Assistance Fund (PDAF) or pork scam......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Jemboy’s parents hit court ruling

The mother of slain Navotas teenager Jemboy Baltazar decried the Navotas Regional Trial Court ruling on the five former police officers involved in her son’s death......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Rappler unpacks SC ruling on Estrada plunder, bribery case

CHEERS TO Rappler for an explainer that dissected the case of Senator Jinggoy Estrada and thoroughly discussed the ruling of Sandiganbayan.On January 19, the Sandiganbayan released a 396-page decision acquitting Estrada of plunder but convi.....»»

Category: sportsSource:  abscbnRelated NewsFeb 9th, 2024

Jinggoy sees no political color in Sandiganbayan ruling

Sen. Jinggoy Estrada does not see any political color in the Sandiganbayan Fifth Division’s ruling that found him guilty of one count of direct bribery and two counts of indirect bribery over his alleged involvement in the pork barrel scam......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Prince Harry drops libel case against Daily Mail after damaging pretrial ruling

Prince Harry drops libel case against Daily Mail after damaging pretrial ruling.....»»

Category: newsSource:  sunstarRelated NewsJan 20th, 2024

Ruling-Party s bet wins Taiwan s Presidential Race

Ruling-Party s bet wins Taiwan s Presidential Race.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

FPRRD to deal with ICC probe, won’t seek help from PBBM

FORMER President Rodrigo Duterte will be dealing with the International Criminal Court’s (ICC) probe regarding his administration's war on drugs, and won't seek any help from his successor, President Ferdinand "Bongbong" Marcos Jr......»»

Category: newsSource:  sunstarRelated NewsFeb 12th, 2024

Explore Canadian Flavors Launch in Metro Supermarket Cebu

An exciting shopping experience awaits customers as The Metro Supermarket and the Canadian Embassy join forces in an exciting partnership! From February 15 to March 15, 2024, The Metro Supermarket and the Canadian Embassy will collaborate to offer customers a unique gastronomic experience, inviting them to “Explore Canadian Flavors” through a curated selection of products.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

DOF: GFIs can seek extended relief after Maharlika infusion

Government financial institutions Land Bank of the Philippines and Development Bank of the Philippines will likely seek an extension of its regulatory relief following contributions to the country’s sovereign wealth fund......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Jobstreet by SEEK Releases 2024 Compensation and Benefits Report

As the employment landscape starts to rapidly evolve, the newly released Jobstreet by SEEK 2024 Hiring, Compensation and Benefits Report revealed that more companies are open to offering new forms of compensation and benefits to attract and retain top talents. This resulted in additional benefits, shifted priorities, and most notably, salary increases. To obtain this […].....»»

Category: newsSource:  metrocebuRelated NewsMar 15th, 2024

Jets approve QB Wilson to seek trade, wont tag Huff

The New York Jets are making headlines in the NFL world as they have granted permission for quarterback Zach Wilson and his agent to seek.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 29th, 2024

ERC suspends reserve market settlement

The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

ERC OKs limited use of LNG for Meralco, FGEN

The Energy Regulatory Commission has allowed First Gas Power Corp. and FPG Corp. to use liquefied natural gas as an alternative fuel supply source for the Sta. Rita and San Lorenzo gas plants “in the case of the occurrence of a fuel supply force majeure event.”.....»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024