An estimated P14 billion windfall from value-added tax (VAT) collections on petroleum products can be redirected toward direct financial aid for Filipinos affected by...
Corruption is our enemy, not taxes.
Eradicating corruption in the government is ideal and the goal of every administration. It prevents wastage of public funds.
But...
The Department of Finance (DOF) has publicly asked Cavite Fourth District Rep. Francisco Barzaga to cease disseminating "fake news" regarding a supposed plan to...
Filipino workers and students may soon see relief from high utility costs as Senator Francis Tolentino filed Senate Bill 2970 to exempt electricity and...
Trade Secretary Alfredo Pascual said the newly-launched ATA Carnet System is a “significant leap forward that will empower Philippine exporters to move goods across...
The Philippine economic team reassured Japanese investors that the proposed changes to tax incentives will address their concerns over value-added tax (VAT) refunds.
“CREATE MORE...
The Bureau of Internal Revenue (BIR) has issued an updated list of value-added tax or VAT-exempt medicines for cancer, hypertension, and mental illness
Under Revenue...
The Bureau of Internal Revenue (BIR) issued a new regulation on the optional value-added tax (VAT) registration of registered business enterprises (RBEs) classified as...
Solo parents may soon avail of the 10-percent discount and value-added tax (VAT) exemption on their purchases of essentials such as baby’s milk, diapers,...