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SC junks petition challenging legality of POGOs
The Supreme Court has junked a petition challenging the legality of the rules on Philippine offshore gaming operators or POGOs for violating the doctrine of hierarchy of courts and failing to meet the requirements for judicial review......»»
What impact could a potential POGO ban have on the REITs?
I got this question in response to news that the House of Representatives approved two measures that seek to ban POGOs in the Philippines. POGOs, or Philippine Offshore Gaming Operators, are licensed and monitored by the Philippine Amusement and Gaming Corp., and have been controversial since their presence exploded during Rodrigo Duterte’s term as president......»»
Mandaue: Avoid fines, pay taxes by Jan. 20
Mandaue: Avoid fines, pay taxes by Jan. 20.....»»
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......»»
Economic worries weigh down PSEi
Share prices continued to correct, finishing in negative territory anew yesterday on concerns over economic growth prospects here and in China......»»
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......»»
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.....»»
‘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......»»
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......»»
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......»»
Recto: Government no plans of imposing additional taxes
Recto: Government no plans of imposing additional taxes.....»»
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 […].....»»
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.”.....»»
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......»»
I feel like a criminal for quitting- nurses in the US fight stay or pay agreements - US healthcare
Filipino nurses for Ohio-based company say they have been forced to pay thousands in fees after signing training contracts Filipino nurses are calling for the USs top labor watchdog to review controversial stay or pay training repayment agreement provisions that have left them facing lawsuits and thousands of dollars in fees after they quit their jobs. Training repayment agreement provisions (Trap) are contracts employers.....»»
Marcos declares April 10 a regular holiday in view of Eid’l Fitr
MANILA, Philippines — The Palace declared Eid’l Fitr, or the Feast of Ramadhan, on Wednesday next week (April 10) a holiday. The Palace released to the media Proclamation No. 514 that contained the declaration. “Now, therefore, I, Ferdinand R. Marcos Jr., President of the Philippines, by virtue of the powers vested in me by law,.....»»
Jewel in the Palace continues story with Lee Young Ae reprising role after 20 years
"Dae Jang Geum," or more popularly known in the Philippines as "Jewel in the Palace," is set to continue the story of Jang Geum two decades since she became the first royal physician. .....»»
A tale of ‘pork-barrel’ era
The first time I met Senator Jinggoy Estrada was while he was still mayor of San Juan City on June 30,1998 when he attended the inaugural of his father, former president Joseph Estrada. At that time, I was still a reporter covering Malacañang Palace. As it turned out, it was the first and last time I saw mayor Jinggoy inside the Palace grounds......»»
Subway sponsoring war - Ukraine
The US fast-food giant has provoked Kiev's ire for continuing operations in Russia The US-based multinational fast-food franchise Subway has been added to Kiev's list of "international sponsors of war" for continuing to operate and pay taxes in Russia, Ukraine's National Corruption Prevention Agency (.....»»
Mandaue Councilor to MCWD: Allow consumers to pay water bills on staggered basis
MANDAUE CITY, Cebu – A Mandaue City Councilor is urging the Metropolitan Cebu Water District (MCWD) to allow city residents to pay on a staggered basis their bills for the months of March and April. Councilor Jennifer Del Mar, chairperson of the committee on Disaster Risk Reduction Management, said that doing so would lighten the.....»»