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FDA delists COVID-19 meds, devices from VAT exemption
The Food and Drug Administration has released a list of COVID-19 medicines that were removed from the group of health products given an exemption from value-added tax or VAT......»»
Senate pushes VAT on Netflix, HBO
The Senate has started discussions on a proposed measure to impose value-added tax (VAT) on foreign streaming platforms like Netflix and HBO Gold operating in the country......»»
BIR expands list of VAT-exempt medicines
The Bureau of Internal Revenue has issued an updated list of value-added tax or VAT-exempt medicines for diseases such as cancer, hypertension and diabetes......»»
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......»»
Audit of P10.3 billion free tuition fund sought
A lawmaker has sought an audit of the P10.3-billion budget for free tuition and living allowance of poor students in state universities and colleges and private higher education institution......»»
More vital drugs exempted from VAT with TRAIN law
More vital drugs exempted from VAT with TRAIN law.....»»
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......»»
Beating the housing finance conundrum
Despite the valiant efforts of our secretary for housing, we have failed by a long shot to meet our housing targets for the year......»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Tax Notes: Online sellers subject to 1% expanded withholding tax
Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»
50,000 CARP beneficiaries in Nasugbu to lose land
At least 50,000 farmers in Nasugbu, Batangas, who were beneficiaries of the Comprehensive Agrarian Reform Program, face eviction following a ruling of the Department of Agrarian Reform canceling their certificates of land ownership awards......»»
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......»»
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......»»
The Daily Guardian: William Byron clinches Daytona 500 win
The highly anticipated Daytona 500 and United Rentals 300 races were postponed due to inclement weather over the weekend. However, fans can expect plenty of.....»»
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......»»
House panel OKs tax-free hazard pay to judges, prosecutors
A House panel has approved a substitute bill that seeks to grant tax-free hazard pay to prosecutors and judges of regional, metropolitan, and municipal trial courts......»»
WTO nations to tackle tax-free status of movie, music, games traded online
WTO nations to tackle tax-free status of movie, music, games traded online.....»»
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......»»
BCDA finalizes deal for New Clark housing
State-run Bases Conversion and Development Authority is looking to finalize the deal for the construction of the first 10,000 units of a housing project in New Clark City......»»
CHR: Decent, proper temporary housing for informal settlers
The Commission on Human Rights has lauded the government’s efforts to provide in-city housing to around 170,000 informal settler families in Metro Manila......»»