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Tax Notes: Guidelines for the filing of Annual Income Tax Returns and payment of taxes due thereon for calendar year 2023

Tax Notes: Guidelines for the filing of Annual Income Tax Returns and payment of taxes due thereon for calendar year 2023.....»»

Category: newsSource:  sunstarRelated NewsApr 20th, 2024

‘No new taxes likely until 2028’

The stance of Finance Secretary Ralph Recto against new taxes could extend until the end of the administration as the government will try to focus on improving tax collection efficiency first......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

BIR eyes P325 billion from excise taxes

The Bureau of Internal Revenue targets to collect higher excise taxes of up to P325 billion this year as the government moves to improve the regulatory environment and address the still rampant illicit trade......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Government to limit debt as new taxes hang

With outstanding debt at a record high, the government may have to go slow with its borrowing spree, at least for now, amid its no new taxes stance and the still elevated interest rate environment......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Government t sees more revenue from e-cigarette taxes

The domestic electronic cigarette and vape industry are expected to contribute in hitting the government’s revenue collection goal, as players are urged to pay the right taxes amid Filipinos’ shift to alternative smoking......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Recto: Government no plans of imposing additional taxes

Recto: Government no plans of imposing additional taxes.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

Manila LGU extends deadline for applications for business permits and licenses, payment of taxes and fees

Manila Mayor Honey Lacuna announced that the city government has extended the deadline for the filing of applications of business permits and licenses as well as the payment of taxes and fees. This, according to Lacuna, is meant to give business owners and the taxpayers of Manila more time to settle their dues. The mayor […].....»»

Category: newsSource:  journalRelated NewsJan 24th, 2024

Mandaue: Avoid fines, pay taxes by Jan. 20

Mandaue: Avoid fines, pay taxes by Jan. 20.....»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Imee hopes Recto won’t push for additional taxes

Sen. Imee Marcos is urging newly appointed Finance Secretary Ralph Recto to strengthen the country’s tax collection system first, instead of talking about “trillions of taxes.”.....»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Recto urged to pursue progressive taxes

Newly appointed Finance Secretary Ralph Recto should backpedal from pursuing consumption-based taxes and instead focus on more progressive ones in order to generate revenues amid the country’s limited fiscal space, economists said......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Ease of paying value-added tax?

“Doing business with the BIR and paying taxes has never been easier,” these were the words of Charlito Martin Mendoza, Undersecretary of the Revenue Operations Group of the Department of Finance, as he delivered the keynote message of the Secretary of Finance during the Ease of Paying Taxes (EOPT) Act Roadshow for the NCR cluster......»»

Category: financeSource:  philstarRelated NewsMay 20th, 2024

Subic sees more investment incentives under CREATE Act

Investor companies located in this free port zone are expected to benefit from more tax perks as the government seeks to rationalize taxes and attract more investments under Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises Act......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Higher GOCC remittances to help reduce debt – Marcos

Higher remittances from government-owned or controlled corporations will help cut the country’s borrowings and avoid the imposition of higher taxes, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

Romeo Lumagui: Beyond taxes

Whether it’s a selfie, an autograph or a video greeting — the country’s top taxman willingly obliges as he tries to bring the difficult yet necessary concept of tax closer to Filipinos. There is a running joke that in every administration, only one or two government officials will have a more appealing look that would often pique the public’s interest beyond their official job description......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Besties

Thanks to the propensity of many people to post anything and everything about themselves on social media, Filipinos can get a glimpse of what our government officials are doing when our taxes send them overseas on official business to represent the country......»»

Category: newsSource:  thedailyguardianRelated NewsApr 8th, 2024

Besties

Thanks to the propensity of many people to post anything and everything about themselves on social media, Filipinos can get a glimpse of what our government officials are doing when our taxes send them overseas on official business to represent the country......»»

Category: newsSource:  thedailyguardianRelated NewsApr 8th, 2024

Besties

Thanks to the propensity of many people to post anything and everything about themselves on social media, Filipinos can get a glimpse of what our government officials are doing when our taxes send them overseas on official business to represent the country......»»

Category: newsSource:  thedailyguardianRelated NewsApr 8th, 2024

Reclaiming compromise payments

In the context of tax assessments, the Bureau of Internal Revenue offers remedies for taxpayers with assessed deficiency taxes......»»

Category: financeSource:  philstarRelated NewsApr 1st, 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

Business group backs carbon emission trading

The government should prioritize implementing a carbon emission trading system instead of imposing taxes on carbon as the latter could cause power prices to spike, according to the Makati Business Club......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024