Thursday, December 11, 2025
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Tag: Capital Markets Efficiency Promotion Act

BIR asks banks, companies to adopt new capital market tax rules

The Bureau of Internal Revenue (BIR) has urged financial institutions and businesses to align their compliance protocols with Republic Act (RA) No. 12214, also...

Strategic power source; Unfair CMEPA criticisms

Energy storage technologies like pumped storage hydro… stabilize supply fluctuations. There’s nothing more renewable or reusable energy source than water. It is clean and does...

Tax on savings earnings draws fire from militants solons

The law imposing taxes on interest on savings and time deposits has stirred up opposition, with critics claiming that the Capital Markets Efficiency Promotion...

CMEPA encourages investments, hikes tax on long-term savings

The Department of Finance (DOF) asked Filipinos to diversify their investment portfolios as the new Capital Markets Efficiency Promotion Act (CMEPA) reduces transaction costs,...

New law expected to lift local capital markets—Recto

Department of Finance Secretary Ralph Recto on Friday lauded the enactment of Republic Act No. 12214 or the Capital Markets Efficiency Promotion Act (CMEPA),...

Lower stock trading taxes to lift market

THE Securities and Exchange Commission (SEC) said Tuesday it supports the proposed bill to reduce taxes on stock transactions to boost and improve the...
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