Friday, May 8, 2026
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Tag: value-added tax

Saudi triples VAT, suspends handouts in virus-led austerity drive

Saudi Arabia's finance minister on Monday said the kingdom will triple its Value Added Tax (VAT) and halt monthly handout payments to citizens in...

Exempt sale, importation, sale of ‘meds’ from VAT – Imee

Aside from the implementation of the Maximum Retail Price on 133 medicines,  Senator Imee Marcos on Wednesday said the government can still do more...

Remove VAT from all medicines – Imee

Believing that the Universal Health Care will take a "backseat" as the sin tax bill will not be passed before Congress adjourned this December,...

POGOs revisited

The Bureau of Internal Revenue sent a clear message to Philippine offshore gaming operators, or POGOs, when it closed down the operations of a...

Group seeks oil tax audit

A consumer group on Tuesday said motorists were being overcharged for the value-added tax on fuel and urged the Finance department to conduct an...

DOH urged: VAT-exempt all maintenance medicines

The party-list group Anakalusugan has called on Health Secretary Francisco Duque to hasten the removal of the 12-percent expanded value-added tax on other maintenance...

Oil price rollback, VAT-free drugs up

Double good news for 2019. Fuel prices are likely to go down by more than P1 per liter next week while power rates are also...

Train law reforms firms’ VAT refund

Finance Undersecretary Karl Kendrick Chua said the Tax Reform for Acceleration and Inclusion law introduced four reforms in processing applications for value-added tax refunds...

18 ManHann resto branches ordered closed

The Bureau of Internal Revenue through Revenue District Office No. 42 - San Juan City of Revenue Region (RR) No. 7, Quezon City temporarily...

Imee rallies LGUs to help keep prices of rice low

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Government reviewing plan to suspend second tranche of oil tax increase

Clark Freeport, Pampanga"•Finance Secretary Carlos Dominguez III said Monday the government is reviewing the plan to suspend the second tranche of oil tax increase...

More to gain from VAT suspension–Imee

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No ifs or VAT: Marcos seeks tax freeze on food items, fuel

Ilocos Norte Gov. Imee Marcos on Friday called for the immediate one-year suspension of the value-added tax on basic food commodities, fuel, and electricity...

SMEs get billions worth of tax breaks

Finance Secretary Carlos Dominguez III said Wednesday small and medium enterprises received tax breaks amounting to “billions of pesos” in the first six months...
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