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

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

Category: newsSource: sunstar sunstarJan 13th, 2024

Delicious fruit products from the Philippines are best-sellers in the EU market

Starting off in 2008 with an initial capitalization of P5 million, the company produced banana chips, with the first export in 2014 to the United States......»»

Category: newsSource:  samarnewsRelated NewsFeb 12th, 2024

Sex offender: Man nabbed for showing private parts to minor girls

CEBU CITY, Philippines — A 39-year-old sex offender was arrested after he was allegedly seen playing with his private parts in front of two minors in Purok Seaside Tapon, Barangay Tinaan, City of Naga on Sunday afternoon, January 28, 2024. The suspect, whose identity Cebu Daily News Digital is withholding, was a resident of Sitio.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 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

‘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

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

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......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

BPI Customers Experience Transaction Delays Due to High Weekend Activity

Bank of the Philippine Islands (BPI) customers faced delays in essential banking services due to a surge in weekend transactions, primarily tax payments, today, April 16, 2024. In a Facebook post, BPI said that their services which include ATM withdrawals, CAM deposits, Debit Card purchases, BPI app, BPI online, and the use of BPI online […].....»»

Category: newsSource:  metrocebuRelated NewsApr 16th, 2024

Multisectoral groups join forces vs online scams

Stepping up the fight against online fraud and scams, several government agencies have teamed up with the private sector and advocacy groups for an education campaign focused on bolstering consumer protection online......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

BIR bumigay sa mga online seller

Nagbigay ng karagdagang palugit ang Bureau of Internal Revenue (BIR) sa mga online seller para makapagbayad ng buwis sa gobyerno. The post BIR bumigay sa mga online seller first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 17th, 2024

Gcash pinag-iingat publiko vs mga iligal na online gaming platform

Pinag-iingat ng mobile e-wallet na GCash ang publiko laban sa mga hindi beripikadong SMS at marketing messages mula sa mga unlicensed online gaming platforms na ilegal na ginagamit ang kanilang logo at brand. The post Gcash pinag-iingat publiko vs mga iligal na online gaming platform first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 16th, 2024

12,246 law graduate sasabak sa 2024 online Bar exam

MAY kabuuang 12,246 na law graduate sa bansa ang nagparehistro para sa 2024 online Bar examination na pangangasiwaan ng Supreme Court (SC) sa Setyembre. The post 12,246 law graduate sasabak sa 2024 online Bar exam first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 8th, 2024

Mga influencer, online seller yari sa BIR

Muling nagpaalala ang Bureau of Internal Revenue sa mga social media influencer at online seller na magbayad ng buwis upang hindi makasuhan ng gobyerno. The post Mga influencer, online seller yari sa BIR first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 7th, 2024

Online predators may be using these emojis to befriend your children

Children's rights NGO Bahay Tuluyan says hundreds of thousands of online predators use emojis to groom children online.....»»

Category: newsSource:  rapplerRelated NewsJan 26th, 2024

Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies

In the unpredictable world of finance, investors often find themselves navigating through an array of strategies and tactics to maximize their returns. Surprisingly, the stock market and online slot games share some intriguing parallels. While one is associated with the thrill of risk and the other with calculated investments, the similarities between the two might […] The post Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsJan 12th, 2024

Senior discounts expanded; industrialist Ito Carlos passes away

Discounts and tax exemptions given senior citizens and persons with disabilities are deductible business expenses. And more discounts are coming......»»

Category: newsSource:  philstarRelated News2 hr. 29 min. ago

LIST: 21 medicines added to VAT-exempt list

The Bureau of Internal Revenue has expanded its list of medicines which are exempt from the value added tax......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

‘Save Poro’s trees’: Parish church widens calls vs tree-cutting

CEBU CITY, Philippines — The parish church in Poro town, Camotes Island, in northern Cebu is not giving up on its fight to save hundreds of trees from being chopped down. The Sto. Niño de Poro Parish expanded its online petition, aimed at convincing the government not to cut down over 700 trees for road.....»»

Category: newsSource:  inquirerRelated NewsMay 16th, 2024

Illegal and impossible condition

This is a case involving a donation of a parcel of land subject to several conditions that may cause its revocation if violated......»»

Category: newsSource:  philstarRelated NewsMay 10th, 2024

DSWD to aid drivers affected of PUVMP

MANILA, Philippines — The Department of Social Welfare and Development (DSWD) said that it will provide aid to drivers affected by the Public Utility Vehicle Modernization Program (PUVMP). According to DSWD Assistant Secretary Irene Dumlao, the agency will respond to any drivers who will approach it, but the assistance will be subject to its assessment......»»

Category: newsSource:  inquirerRelated NewsMay 4th, 2024