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How to be a responsible gamer
“Responsible gaming,” according to the Association of Certified Gaming Compliance Specialists, is “the practice of gambling in a way that minimizes the potential negative effects that it can have on individuals and society.”.....»»
Excise tax collection declines to P292 billion
Lower consumption of ‘sin’ products as prices of essential goods increased last year resulted in the drop of excise tax collections by the government, further exacerbated by the still rampant illicit trade......»»
Japan boxer, former three-division world champion, trains in Cebu
CEBU CITY, Philippines — Former three-division world champion Kosei Tanaka returned to Cebu for some top-notch boxing training. The 28-year-old Japanese is the former World Boxing Organization (WBO) world minimum, world flyweight, and former world light flyweight champion. He will spend three weeks in Cebu at the ZIP Sanman Boxing gym in Banawa, Barangay Guadalupe. .....»»
Magsayo punches his way into super featherweight top 10 world rankings
CEBU CITY, Philippines — Former world champion, Mark “Magnifico” Magsayo is starting to make his presence felt in the super featherweight division after cracking into the world’s latest top 10 rankings. Magsayo, the former World Boxing Council (WBC) world featherweight champion, is currently ranked NO. 7 in both the WBC and World Boxing Association (WBA). .....»»
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......»»
CGBP training program on tax rights, remedies
The Center for Global Best Practices will host a special online training titled “Tax Rights and Remedies for SMEs and Large Taxpayers” on April 18 and 19, from 9 a.m. to 12 p.m. via Zoom......»»
Recto bats for tax, tariff relief for hybrids
Finance Secretary Ralph Recto is in favor of granting reduced excise tax and preferential tariff to hybrid vehicles......»»
No objections for e-motorcycle tax breaks in EO12 review
Views and position papers elicited from government agencies and EV industry stakeholders for the revision of an executive order have offered no objection to the inclusion of e-motorcycles in the tax incentives......»»
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. .....»»
DOJ sues firm for tax evasion
The Department of Justice has filed criminal charges against a company for evading tax payment by using fake receipts......»»
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......»»
Councilor to call for staggered tax hike
Councilor to call for staggered tax hike.....»»
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......»»
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......»»
Energy specialist backs tax breaks for e-motorcycles
Giving tax incentives to e-motorcycles is justified because of their proven contribution in reducing carbon emissions, a specialist from the Department of Energy (DOE) said......»»
ICHRP welcomes acquittal of Maria Ressa in Philippine tax evasion case
The International Coalition for Human Rights in the Philippines (ICHRP) welcomes journalist and Nobel Prize recipient Maria Ressa’s acquittal from a Philippine tax evasion case......»»
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......»»
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......»»
Ancajas, Inoue make weight for WBA world title duel in Tokyo
CEBU CITY, Philippines—- Former world champion Jerwin Ancajas had to strip off his undergarments during Friday’s weigh-in to get the contracted weight for his world title duel against Japanese Takuma Inoue. Ancajas and Inoue will fight for the World Boxing Association (WBA) world bantamweight crown on Saturday, Feb. 24 at the Kokugikan Arena in Tokyo,.....»»
ADB: Carbon tax has potential in Philippines
The possibility of a carbon tax has potential in the Philippines, but such a measure must be market-driven and appropriate for the needs of a country still heavily reliant on fossil fuels......»»