Tuesday, May 19, 2026
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Tag: CMEPA

BIR tax collection rose 14% to P1.55 trillion, topped first-half target

MANILA, Philippines—The Bureau of Internal Revenue (BIR) said Friday it surpassed its collection targets for both June and the first half of 2025. BIR Commissioner...

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...

CMEPA’s promise of riches for the rice-less

(Last of 2 parts) The DOF’s ‘invest, don’t gamble’ sermon is patronizing nonsense A gourmet feast for the famished SONNY Africa of IBON Foundation nails it: “This...

CMEPA law cuts taxes on retirement funds, stock investments

The Securities and Exchange Commission (SEC) expects more Filipinos to bolster their retirement funds through the Personal Equity and Retirement Account (PERA), following the...

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,...

DOF: CMEPA law corrects ‘unfair’ system, not a new tax

The Department of Finance (DOF) said Thursday the recently enacted Capital Markets Efficiency Promotion Act (CMEPA) does not introduce a new tax but rather...

PSE expects improved trading following CMEPA enactment

The Philippine Stock Exchange (PSE) hailed the passage of the Capital Markets Efficiency Promotions Act (CMEPA), calling it a major step toward improving trading...

PSE welcomes reduction in stock transaction tax

The Philippine Stock Exchange (PSE) welcomed the passage of the Capital Markets Efficiency Promotions Act (CMEPA), calling it a major step toward improving trading...

Developers laud capital gains tax hike suspension

Major players in the real estate and housing industry welcomed the Department of Finance’s (DOF) plan to withdraw the proposal to increase the capital...
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