Tag: VAT

p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; text-align: justify; line-height: 11.0px; font: 13.0px Helvetica} p.p2 {margin: 0.0px 0.0px 0.0px 0.0px; text-align: justify; text-indent: 9.0px; line-height: 11.0px;...

DAVAO CITY—The incoming Duterte administration on Monday raised the possibility of lowering the maximum income tax rates being levied by the government and vowed...

Across the pond, they worry about the craziness that is attending their coming presidential election. I’d like to think that we in the Philippines...

After two and a half months since it was ratified, the House of Representatives finally transmitted to Malacañang Wednesday for President Benigno Aquino III’s...

Senatorial candidate and Leyte Rep. Martin Romualdez on Monday reiterated his appeal to the leadership of House of Representatives not to keep “hanging” the hopes...

The Department of Justice has recommended for President Benigno Aquino III’s signing into law a bill seeking to provide for value-added tax  exemption for...

THE Court of Tax Appeals on Thursday dismissed the petition of Smartmatic-TIM Corp. to have the Bureau of Internal Revenue issue a refund or...

The government set a 2016 collection goal of P2 trillion for the Bureau of Internal Revenue, representing a 21-percent increase over the 2015 target. The...

Power rates in the Philippines have remain high compared with those of other countries due to “lack of government subsidy and a fully priced...

What kind of government would demand some of the highest and the most number of taxes in the world, and yet would simultaneously make...