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Philippines to intensify measures vs tobacco use
The Philippines has vowed to intensify its measures against tobacco use, in line with an international treaty that seeks to address what it called the “tobacco epidemic.” .....»»
Marcos orders crackdown on tobacco, vape smuggling
President Marcos has directed the customs and internal revenue bureaus to enhance their efforts against the smuggling of tobacco and vape products, during a meeting that tackled measures aimed at protecting the Philippines’ tobacco industry......»»
‘Vapedemic’ killing tobacco industry’
The proliferation of illegal, disposable vapes is reportedly killing the local tobacco industry as it reduces demand for tobacco-based products, leaving farmers with a shrinking market base......»»
Tax Notes: Online sellers subject to 1% expanded withholding tax
Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»
The Manila Times - Philippines - Asia - The Manila Times
The Manila Times - News - Opinion - Philippines - Asia - World The Manila Times.....»»
House panel OKs tax-free hazard pay to judges, prosecutors
A House panel has approved a substitute bill that seeks to grant tax-free hazard pay to prosecutors and judges of regional, metropolitan, and municipal trial courts......»»
House panel OKs tax breaks for companies hiring senior citizens
Under the bill, companies hiring elderly workers can avail of a 25% tax reduction of the amount paid to salaries, wages and benefits and trainings for senior citizens. .....»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Philippines urged to prioritize health over trade at global tobacco control talks
Delegates from around the world gather in Panama this week for the 10th Conference of the Parties (COP10) to the World Health Organization Framework Convention on Tobacco Control......»»
10 Indonesians with P398M tobacco products aboard vessel nabbed in Tawi-Tawi
ZAMBOANGA CITY (MindaNews / 22 February)—Ten Indonesian nationals with P398 million worth of undocumented tobacco products were apprehended on February 1 in the sea off Tawi-Tawi, belated reports from the Naval Forces Western Command (NFWM) said. Lt. Chester Ross Cabaltera, public affairs officer, said in a press release and subsequent phone interview that the National […].....»»
PMI eyes use of Philippines tobacco in smoke-free products
Philip Morris International plans to use locally produced tobacco leaves in its smoke-free products following the inauguration of the P8.8-billion expansion of its local affiliate’s factory......»»
House OKs bill revoking franchise of SMNI on final reading
The House Bill which seek to revoke the franchise of Sonshine Media Network International has received 284 yes notes from the members of the House of Representatives......»»
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......»»
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.....»»
Mandaue council oks new traffic scheme
Mandaue council oks new traffic scheme.....»»
Reissued T-bonds fetch higher rates
The reissuance of the government’s long-term securities fetched higher rates amid expectation of faster inflation in March that likely breached the target of the central bank......»»
‘Higher interest rates are here to stay’
The Bangko Sentral ng Pilipinas is likely to hold on to higher rates for a little longer, moving in lockstep with the US Federal Reserve and the rest of the central banks globally......»»
Government fully awards P30 billion T-bonds at higher rates
The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»
[OPINION] Palestine lights the way forward
'Yes, this is the worst of times. But is it the best of times? That depends on each and every one of us. Are we willing to take on the great challenges of the times?'.....»»
No take back on tax: The irrevocability rule
Life is about choices and sometimes, we will make decisions that we cannot take back. In times of uncertainty and indecisiveness, it’s important to think about these choices a thousand times and consider the possible consequences......»»