WARNING that the proposed Tax Reform for Acceleration and Inclusion Act could render 1.7-million “near poor” wage earners poorer, Akbayan Senator Risa Hontiveros called...
Electronics and semiconductor companies oppose the imposition of a 5-percent value-added tax on locally-sourced materials under the proposed tax reform measure.
The Semiconductor and Electronics...
DUBAI, United Arab Emirates"•Oil-rich Gulf countries, which for decades have attracted millions of foreign workers thanks to their reputation as tax-free havens, aim to...
Retaining the value-added tax exemptions of cooperatives that already enjoy almost all types of tax-free privileges is unfair to the almost 100 million taxpayers...
The Department of Finance’s proposal to remove non-basic sector’s exemption from paying Value Added Tax will bring in additional P92 billion in revenues.
Finance Undersecretary...
Money sent home from Filipino workers abroad will continue to enjoy tax exemption, despite a proposal to impose value-added tax on money transfer fees...
A PARTY-LIST lawmaker on Thursday urged the Finance and Budget departments to raise the value-added tax on so-called “sin products” instead of increasing the...
Carlos Dominguez, the incoming Finance Secretary of President-elect Rodrigo Duterte, recently announced that he wants an increase in the everyday (expanded) value added tax,...
