Former Presidential Commission on Urban Poor chair Terry Ridon has urged Malacañang the implementation of value-added tax (VAT) and universal charges on electricity rates until community quarantines remain in place around the country.
House panel approves tax amnesty but sets 3 conditions
The House committee on ways and measure has approved a consolidated measure that seeks to grants a general tax amnesty of one year on all unpaid national internal revenue taxes.
Marcos says VAT exemptions to reduce medicine prices
The government can still do more to make medicine prices the cheapest possible, Senator Imee Marcos said on Wednesday.
WATCH | VAT sa Pilipinas pinakamataas sa Asya – Villanueva
VAT sa Pilipinas pinakamataas sa Asya – Senator Joel Villanueva
Russia raises taxes to meet Putin’s spending plan
Russian lawmakers on Tuesday passed a bill raising value-added tax (VAT) from 18 to 20 percent from next year to help finance Vladimir Putin’s plan to improve healthcare, education and infrastructure.
WATCH | Kumikita ang telcos sa subscriber’s VAT – Bam
Kumikita ang telecommunications companies (telcos) sa subscriber’s Value Added Tax (VAT) – Senator Bam Aquino
Saudis say $107B recovered from graft, 56 people still held
Saudi Arabia’s attorney general said on Tuesday $107 billion has been recovered so far in a major crackdown on high-level corruption and that 56 suspects were still being investigated.
Masyado na mahal ang bilihin! Hontiveros wants VAT slashed to 10 percent
Senator Risa Hontiveros wants to reduce the Value Added Tax (VAT) rate to 10% from the current 12% to address the negative effects of the Tax Reform for Acceleration and Inclusion (TRAIN) law.
WATCH | VAT exemption sa prescription, bantayan – Angara
Value-added tax (VAT) exemption sa prescription, bantayan – Senator Sonny Angara
WATCH | VAT exemption sa gamot, malaking tulong sa mahihirap – Angara
Value-added tax (VAT) exemption sa gamot, malaking tulong sa mahihirap – Senator Sonny Angara
WATCH | Umuupa ng bahay P15K pababa, walang VAT – Angara
Umuupa ng bahay P15K pababa, walang value-added tax (VAT) – Senator Sonny Angara
JV slams bid to lift VAT exemption on low-cost socialized housing
Senator JV Ejercito slams bid to lift value-added tax exemption on low-cost socialized housing
Dominguez: Duterte backs tax reform
President Duterte has given his full backing to the Comprehensive Tax Reform Program (CTRP), which will play a pivotal role in his government’s ambitious agenda to dramatically reduce poverty, achieve economic inclusion and catapult the country into an upper middle-income economy by the time he steps aside in 2022, according to Finance Secretary Carlos Dominguez III.
Pabigat yan! Angara bucks proposal for a P6 excise tax on diesel
Malacañang may have a hard time in pushing in the Senate the move introducing additional taxes on fuel products on top of the 12-percent value added tax (VAT) as no less than the chair of its ways and means committee, Senator Sonny Angara, finds it excessive.
Kailangan ba talaga? Senators cool to imposing additional taxes on fuel products
Malacañang may have a hard time getting the support of senators, including some of its allies, in the government’s plan to impose additional taxes on fuel products on top of the 12% value-added tax (VAT).
Lusot! Philrem officials off the hook in tax evasion case
Philrem executives Salud Bautista and her husband Michael can now heave a sigh of relief after the Department of Justice (DOJ) dismissed the tax evasion complaint filed against them by the Bureau of Internal Revenue (BIR).
BIR runs after Philrem for evading P36.51M in taxes
Since they were only paying for value added tax (VAT) instead of gross receipts tax (GRT), Philrem Service Corporation which has been implicated in the laundering of $81 million in stolen Bangladeshi money owes the government P35.61 million in taxes.
Bicam OKs bills granting tax breaks to PWDs
A Senate- House panel approved on Tuesday bills granting tax breaks to persons with disabilities (PWDs) and local water districts in time for the approval by President Aquino before Christmas day.
Gatchalian: DOF’s proposal to hike VAT ‘anti-poor’
Valenzuela City Rep. Sherwin Gatchalian has criticized the proposal of the Department of Finance (DOF) to reduce income tax rates while increasing the value-added tax…
