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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......»»
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»
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......»»
BIR files case vs Ever Bilena over P1.6 billion tax liability
The Bureau of Internal Revenue has filed criminal charges against popular cosmetics brand Ever Bilena for allegedly failing to settle at least P1.6 billion in tax liability......»»
23 Makati barangays to receive P10M from real property tax collection
The Makati City government said that 23 of its barangays are slated to receive an extra P10 million each from the city's basic real property tax collection......»»
Makati barangays to get P10 million more from tax shares
All 23 barangays of Makati are each getting an additional P10-million share from the city’s basic real property tax collection following the transfer of the 10 enlisted men’s barrio or “embo” barangays to Taguig, Mayor Abby Binay said yesterday......»»
Ever Bilena tax liability pegged at P1.6 billion
The alleged tax deficiency of popular cosmetic brand Ever Bilena has ballooned to P1.6 billion, according to the Bureau of Internal Revenue......»»
Ever Bilena faces rap over P9.3M tax deficiency
Ever Bilena faces rap over P9.3M tax deficiency.....»»
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......»»
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......»»
New tax proposals seen to yield P213 billion revenue
The Marcos administration expects to generate P213 billion over the next five years from the priority tax proposals of the Department of Finance......»»
Revenue loss due to PIFITA may hit P126 billion
The government may have to forgo P126 billion in revenues over the next five years from the remaining tax reform package that seeks to simplify the tax system......»»
Call to tax the very richest arises from their own ranks
The combined wealth of the world’s very richest dipped by $500 billion in 2023, to $12.2 trillion from $12.7 trillion in March 2022, according to Forbes, whose list of 2,668 billionaires in 2022 also dipped to 2,640. The post Call to tax the very richest arises from their own ranks appeared first on Bulatlat......»»
BIR ramps up tax compliance drive
The Bureau of Internal Revenue has initiated a nationwide tax compliance drive to boost awareness and encourage taxpayers to pay their obligations......»»
Recto to prioritize pending tax reforms
Newly appointed Finance Secretary Ralph Recto has committed to focusing on tax measures deemed a priority by President Marcos......»»
Cyber libel raps filed vs Tony Leachon over statements on alleged pharma scheme
Leachon’s allegations allude that a certain pharmaceutical company gives luxury cars and other perks to doctors in exchange for prescribing their products......»»
DTI proposes perks for manufacturing, use of e-vehicles
The Department of Trade and Industry is coming up with a draft executive order for a proposed incentive scheme to encourage the manufacture and use of electric vehicles, which it hopes to present to President Marcos this year......»»
DOH chief unaware of pyramiding schemes, gifts to doctors
MANILA, Philippines — No less than the country’s health chief had no knowledge of the alleged multi-level marketing (MLM) schemes in the medical industry until the issue was raised before the Senate. Facing the Senate probe on Tuesday, Department of Health (DOH) Secretary Teodoro Herbosa said he only heard of some of the perks that.....»»
Doctor-owned pharma hit for ‘unethical practices’
A group of doctors who own a pharmaceutical company has been giving rebates of up to P2 million, luxury cars, travel and other perks to doctors who prescribe the firm’s medicines, Sen. Jinggoy Estrada disclosed yesterday......»»
Maximizing Mushroom Cultivation: Harnessing the Power of Proper Lighting
Proper lighting helps maximize yields for mushroom cultivators. As one of the main environmental factors influencing mushroom growth, lighting impacts developmental cycles at each stage. Indoor growers can control lighting precisely. Outdoor cultivators, on the other hand, rely on natural conditions. Both cultivation methods have their perks and challenges. Tailoring mushroom lighting techniques during phases […] The post Maximizing Mushroom Cultivation: Harnessing the Power of Proper Lighting appeared first on Kagay An......»»