Year-end tax compliance reminders
With the holidays over, the decorations cleaned up, and the excitement from parties fading......»»
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......»»
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.....»»
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......»»
‘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......»»
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......»»
Russia blocks renewal of UN panel monitoring North Korea sanction compliance
At the United Nations, a recent vote on renewing a panel of experts monitoring North Korea’s compliance with international sanctions has caused tension among member.....»»
Training on COA compliance for government institutions
To guide government institutions on their compliance with the Commission on Audit Circular 2020-006, the Center for Global Best Practices will be launching a two-session online training titled “COA Guidelines and Procedures for One-Time Cleansing of Property, Plant and Equipment Account Balances” on April 18 and 19, 2024 from 1:30 to 4:45 p.m. via Zoom......»»
Bank loans used as RRR compliance hit P6.4 billion
Mid-sized and small banks have extended around P6.4 billion loans to micro, small and medium enterprises (MSMEs) as well as large companies, and booked these loans in compliance with their reserve requirement ratios, according to the Bangko Sentral ng Pilipinas......»»
Mandaue targets COPC compliance by March 2024
Mandaue targets COPC compliance by March 2024.....»»
PSC turns to Marcos on compliance issue with world anti-doping body
The Philippine Sports Commission will seek no less than President Ferdinand Marcos Jr. help when it contests the non-compliance accusation of the World Anti-Doping Agency that has now been elevated to the Court of Arbitration for Sport for resolution......»»
CGBP holds seminar on labor update, compliance
The Center for Global Best Practices is hosting a three-hour webinar titled Labor Law 2024 Updates and Compliance on March 1 from 1:30 to 4:45PM via Zoom......»»
SEC enhancing digital initiatives in bid to boost regulatory compliance
The Securities and Exchange Commission is further streamlining requirements and processes for regulatory compliance as it strives to chart the Philippine corporate sector’s path toward a digital-first world......»»
Unconsolidated jeepneys given 15-day leeway after consolidation deadline
Unconsolidated jeepneys that continue to ply their routes after the April 30 deadline will be free from penalties until mid-May — but they will be fined and impounded as "colorum" vehicles should they continue after initial reminders......»»
Donny Pangilinan gets ‘simple request’ from mom Maricel: Don’t lose yourself
Whenever Donny Pangilinan is at home, he’s not treated like a celebrity. He’s expected to do regular household chores — wash dishes, take care of siblings, walk the dog. And like any child, he gets constant reminders from his parents, despite achieving star status in the industry......»»
Fiesta Señor 2024 kickoff, Walk with Jesus live updates
CEBU CITY, Philippines — The Queen City of the South, Cebu City, welcomes the most anticipated Sinulog Festival and Fiesta Señor with a kick-off today, January 11, 2024. Fiesta Señor and Sinulog Festival: What’s the difference? LOOK: Schedule of Novena Masses of Fiesta Señor 2024 LIST: Sinulog 2024 schedule of activities Reminders from Basilica for.....»»
Hear ye, I will ease your burden, but when? (1st of 2 parts)
We often hear taxpayers (local and foreign alike) complain about how burdensome Philippine tax compliance is......»»
Excise tax collection declines to P292 billion
Lower consumption of ‘sin’ products as prices of essential goods increased last year resulted in the drop of excise tax collections by the government, further exacerbated by the still rampant illicit trade......»»
4 ex-tax mappers pay of Cebu City ‘signed’ but…
CEBU CITY, Philippines – The payrolls have been signed and salaries are now being processed, but it is still not enough. The payroll for four Cebu City regular government employees and former tax mappers has been signed and is now in the process of releasing their salaries, which have been pending for 10 months. However,.....»»
Former Cebu City Hall tax mappers not to blame for salary delay
Former Cebu City Hall tax mappers not to blame for salary delay.....»»