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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

Quiboloy ordered arrested by Pasig court

The qualified human trafficking charge against doomsday preacher Apollo Quiboloy and his co-accused are non-bailable unlike the charges against them filed before the Davao court......»»

Category: newsSource:  philstarRelated NewsApr 11th, 2024

Chambers to run own style of triangle offense with FEU

New Far Eastern University Tamaraws head coach Sean Chambers said he is aiming to employ the triangle offense with the flair of Mr. 100%......»»

Category: sportsSource:  philstarRelated NewsApr 7th, 2024

Hotshots match good defense with even greater offense in series-tying win vs Beermen

In a defensive, grind-it-out Game 4 of the PBA Commissioner's Cup Finals, the Magnolia Hotshots’ offense stood tall......»»

Category: sportsSource:  philstarRelated NewsFeb 10th, 2024

DOF drops income tax hike for dividend income

The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 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

Council to appeal March 1 as special non-working holiday in Davao City

The Davao City Council is seeking to appeal to the national government to declare March 1 as a non-working holiday in honor of Araw ng Davao, the city's founding anniversary. Councilor Al Ryan Alejandre emphasized the importance of this appeal for the people of Davao, expressing hope that the president will grant their request. This initiative comes as a response to a new bill that designates March 1 as the new founding anniversary, shifting the traditional celebration date from March 16. Despite the bill and law designating March 1 as a working holiday, the council aims to annually request Malacañang to recognize it as a non-working holiday. The appeal is intended to ensure that Dabawenyos can actively participate in the festivities. Additionally, the executive committee of Araw ng Davao is in the final stages of organizing events and activities for the celebration. Discussions have been ongoing, with plans anticipated to be finalized soon. This move reflects the council's commitment to honoring and celebrating the city's heritage and traditions......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Marcos declares Feb. 9 a special non-working day for Chinese New Year

MANILA, Philippines — President Ferdinand Marcos Jr. has declared February 9, a Friday, as a special non-working day in the country for the celebration of Chinese New Year. The Palace issued Proclamation No. 453, making the declaration. “The declaration of 09 February 2024, Friday, as an additional special non-working day throughout the country will give.....»»

Category: newsSource:  inquirerRelated NewsJan 19th, 2024

SEC awaits ARTA study on proposed higher fees

The Securities and Exchange Commission is ready to implement the proposed hike in charges and fees as soon as it passes the regulatory impact assessment of the Anti-Red Tape Authority......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Cebu City ‘BPO Day’ on March 28 gets City Council’s okay

CEBU CITY, Philippines — The Cebu City Council approved on its third and final reading the proposed ordinance dedicating March 28 as “BPO Day” in Cebu City. The proposed ordinance authored by Councilor Pancrasio “Francis” Esparis was approved during its regular session on Wednesday, April 24. In a phone interview with Esparis, he said that.....»»

Category: newsSource:  inquirerRelated NewsApr 25th, 2024

Revolutionizing the Game: Proposed Kickoff Change

A proposal for new kickoff rules in the NFL is set to be presented to team owners later this month in Orlando. Under the proposed.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 5th, 2024

Proposed EU Forced Labor Regulation Should Focus on Workers

European Union governments meeting today in Brussels to discuss a proposed ban on products linked to forced labor, should allow forced labor victims in companies' supply chains to receive remediation. Companies and business associations have called for remediation to be included in the draft.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

67.5-km subway system proposed for Cebu

67.5-km subway system proposed for Cebu.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

Is the proposed wage hike good or bad for SM?

SM executives are monitoring developments over the proposed legislated wage hike, as it could push up operating costs.....»»

Category: newsSource:  rapplerRelated NewsFeb 29th, 2024

Separate prison for Muslim inmates proposed

The Office of the Presidential Adviser on Muslim Affairs on Friday proposed to the Bureau of Corrections to have a separate prison facility for Muslim inmates......»»

Category: newsSource:  philstarRelated NewsFeb 24th, 2024

SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule

The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

Scholarship for agriculture students pushed

LAPU-LAPU CITY, Cebu- Recognizing the vital role of the agriculture sector in food sustainability and local farmer empowerment, a Cebu City councilor proposed an ordinance to provide scholarship grants to students who would pursue agriculture-related programs in college. The proposed legislation, titled “An Ordinance Granting Educational Scholarship Assistance to Qualified Cebu City Residents Pursuing Agriculture-Related.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024