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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

PilotTV bares 2 new Appointments

PilotTV Holdings, a leading Taiwan digital signage operator and digital out-of-home media also operating in Japan and the Philippines, has appointed Lou Marie Bognot as its new chief executive officer for the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 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

Recto bats for tax, tariff relief for hybrids

Finance Secretary Ralph Recto is in favor of granting reduced excise tax and preferential tariff to hybrid vehicles......»»

Category: financeSource:  philstarRelated NewsApr 1st, 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

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

DOJ sues firm for tax evasion

The Department of Justice has filed criminal charges against a company for evading tax payment by using fake receipts......»»

Category: newsSource:  philstarRelated NewsMar 4th, 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

Councilor to call for staggered tax hike

Councilor to call for staggered tax hike.....»»

Category: newsSource:  sunstarRelated NewsFeb 18th, 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

DOF limits tax-exempt status for pickup trucks

The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

New Vatican document on human rights condemns gender theory, digital violence

The Vatican has released a new document updating the Church’s teachings on human rights touching on contemporary issues such as abortion, gender theory, sex change and digital violence......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Energy specialist backs tax breaks for e-motorcycles

Giving tax incentives to e-motorcycles is justified because of their proven contribution in reducing carbon emissions, a specialist from the Department of Energy (DOE) said......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

ICHRP welcomes acquittal of Maria Ressa in Philippine tax evasion case

The International Coalition for Human Rights in the Philippines (ICHRP) welcomes journalist and Nobel Prize recipient Maria Ressa’s acquittal from a Philippine tax evasion case......»»

Category: newsSource:  samarnewsRelated NewsFeb 27th, 2024

Tax credit scam: 5 ex-DOF execs get 8 years

The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

BIR files case vs Ever Bilena over P1.6 billion tax liability

The Bureau of Internal Revenue has filed criminal charges against popular cosmetics brand Ever Bilena for allegedly failing to settle at least P1.6 billion in tax liability......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

PEACETALK: Room for the human element in the GRP-NDFP peace framework?

NAGA CITY (MindaNews / 9 January) – As we enter the New Year, it has been noted by Satur C. Ocampo that “by all indications, the coming year will see the continuation and even intensification of devastating wars in the world… Even here in the Philippines, deadly hostilities are taking place.”   Some of these recent […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Trader wants refund for ‘wrong’ package

Trader wants refund for ‘wrong’ package.....»»

Category: newsSource:  sunstarRelated NewsMar 31st, 2024

Rama wants Cebu City residents to vote for governor

Rama wants Cebu City residents to vote for governor.....»»

Category: newsSource:  sunstarRelated NewsFeb 21st, 2024