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Tax breaks on e-motorcycles lauded

An international think tank and a consumer advocacy group commended the recent approval of the National Economic Development Authority (NEDA) to finally include two and three-wheeled electric vehicles (EVs) in government tax incentives under Executive Order 12......»»

Category: financeSource: philstar philstarMay 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Tax breaks on e-motorcycles lauded

An international think tank and a consumer advocacy group commended the recent approval of the National Economic Development Authority (NEDA) to finally include two and three-wheeled electric vehicles (EVs) in government tax incentives under Executive Order 12......»»

Category: financeSource:  philstarRelated NewsMay 24th, 2024

Palace nod awaited on recommendation for e-motorcycle tax breaks

Tax breaks on e-motorcycles — considered by stakeholders as a win fort the electric vehicle (EV) industry — are just one signature away......»»

Category: newsSource:  philstarRelated NewsMay 19th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

Gang s distinctive motorcycles destroyed following court order

Six motorcycles that belonged to the Comanchero Motorcycle Gang have been turned into scrap metal The six distinctive Harley Davidsons were seized during Operation Nova in 2019 It's the first time Police have sought such an order under legislation Excluding motorcycles, $2.6 million in assets were restrained from the gang in the operation Operation Nova saw 18 people charged with a vari.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 25th, 2024

‘No tax breaks for eco-zone work-from-home firms’

Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Tax Notes: BIR clarifies tax treatment of interest on borrowings

Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Tax Notes: Online sellers subject to 1% expanded withholding tax

Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

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. .....»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

2 motorcycles used by robbers in P4.2-M Itogon gold, cash heist found

Itogon town policemen found the two motorcycles used in the P4.2 million worth of gold nuggets and cash heist in Barangay Ucab on Sunday night last week......»»

Category: newsSource:  philstarRelated NewsMay 29th, 2024

Ex-cop, 2 others caught selling stolen motorcycles

Three people, including a former police officer, were arrested for allegedly selling stolen motorcycles in Manila on Friday......»»

Category: newsSource:  philstarRelated NewsMay 19th, 2024

‘Jasamazingjourney gives away 16 motorcycles

‘Jasamazingjourney gives away 16 motorcycles.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

3 stolen motorcycles used by terrorists recovered in Cotabato town

The police and military together impounded in a joint operation on Friday three stolen motorcycles that local terrorists had reportedly used in transporting home-made bombs from one area to another and in distributing shabu to contacts in different towns in Cotabato province......»»

Category: newsSource:  philstarRelated NewsMar 30th, 2024

Auto, EV players welcome possible tariff relief for hybrid, e-motorcycles

Automotive firms and electric vehicle players welcomed yesterday the potential expansion of the list of vehicles that can enjoy lower tariffs to include hybrid vehicles and e-motorcycles currently being studied by the government, saying that their inclusion may promote the shift to more environment-friendly transport options......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

BIR to go after Alice Guo’s tax records, possible tax evasion

The Bureau of Internal Revenue (BIR) will investigate embattled Bamban, Tarlac Mayor Alice Guo and her companies for possible tax evasion, the revenue chief said on Friday. BIR Commissioner Romeo Lumagui Jr. said his agency will fully cooperate with a Senate inquiry into Guo, whose citizenship and wealth have become the center of controversy following.....»»

Category: newsSource:  inquirerRelated NewsJun 8th, 2024

Tax revenues jump to P3.4 trillion

The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

New finance chief eyes carbon tax

Newly installed Finance Secretary Ralph Recto is pursuing the tax reform proposals of his predecessor, starting with the imposition of a carbon tax in a bid to generate additional revenues and address environmental concerns......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

Farmers, fishers lauded for role in food security, agri productivity dev’t

Farmers, fishers lauded for role in food security, agri productivity dev’t.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

Norwood Residences by Prestige Homes breaks ground for luxurious, sustainable residential project

Norwood Residences by Prestige Homes breaks ground for luxurious, sustainable residential project.....»»

Category: newsSource:  sunstarRelated NewsJun 8th, 2024