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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......»»
SC grants protection writ for ex-Bayan Muna solon, declares ‘red-tagging’ threatens life, liberty, security
In a 39-page decision dated July 4, 2023, the high court declared that associating red-tagging and guilt by association jeopardizes a person’s fundamental rights to life, liberty, or security, setting aside the ruling of the Iloilo Regional Trial Court (RTC) in dismissing the former lawmaker’s amparo petition. .....»»
Groups hail SC decision granting amparo petition for ex-Bayan Muna solon
In the decision released on Tuesday, the Supreme Court said that red-tagging and guilt by association threatens an individual’s right to life, liberty and security......»»
Solon bats for expansion of motorcycle taxis outside Metro Manila
A House lawmaker has voiced his support for expanding the government's allotment of motorcycle taxis outside Metro Manila as the Land Transportation Franchising Regulatory Board is set to greenlight the participation of more players in its pilot study......»»
Expelled solon Teves eyes political asylum; detention extended
The legal team of expelled lawmaker Arnolfo Teves Jr. is looking to exhaust all legal remedies possible, including political asylum in Timor-Leste, Teves' lawyer Ferdinand Topacio said......»»
We’re working on it : DOJ says on expelled solon Teves’ extradition
The Department of Justice said it is working on extraditing expelled lawmaker Arnolfo Teves Jr. after a Manila court ordered the cancellation of his passport......»»
Progressive groups, solon decry UST admin s photo takedown order
In a statement by TomasinoWeb, it said that the university administration instructed the organization to take down the photo as it allegedly caused “public ridicule” to students and the university due to a supposed “association of the Type B uniform with convenience store employee’s uniform.”.....»»
Solon pushes creation of Dept of Water Resource Management
CEBU CITY, Philippines — A lawmaker is pushing for the establishment of a national framework for water resource management that is spelled out in the proposed Department of Water Resources Management (DWRM) as a long-term solution to water shortage in the country. Agri Partylist Representative Wilber Lee said that the DWRM will bring together 32.....»»
ACT solon moves to probe efforts to jumpstart Cha-cha
MANILA, Philippines — A resolution seeking to investigate the reported signature-buying and the alleged use of public funds to push for constitutional reform or Charter change (Cha-cha) through the “so-called” people’s initiative (PI), has been filed in the House of Representatives. Alliance of Concerned Teachers Rep. France Castro said on Sunday that she electronically filed.....»»
Philippines foreign investments yield net outflows in March
MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»