The proposed Capital Market Efficiency Promotion Act (CMEPA) being pushed by the Legislative-Executive Development Advisory Council (LEDAC) has removed the planned reimposition of excise tax on pick-up trucks such that the bill, if passed into law, would result in foregone revenues for the...
The Court of Tax Appeals (CTA) has denied the petition of Bohol Light Company, Inc. (BLCI) to reverse a regional trial court (RTC) ruling that the firm has "no clear and categorical exemption from other local taxes." Assailed by the BLCI was the March 31, 2016 decision issued by the Tagbilaran...
Albay 2nd district Rep. Joey Salceda has practically guaranteed the approval of the tax provisions of House Bill (HB) No.6398 or the proposed Maharlika Investment Fund (MIF), also known as the Maharlika Wealth Fund (MWF). Albay 2nd district Rep. Joey Salceda Salceda chairs the House Committee on...
Senator Pia Cayetano is pushing for the exemption of medical equipment from all kinds of taxes, saying that the government should treat healthcare with utmost importance. While she understands that the Department of Finance (DOF) is against tax exemptions, it should be a different case for...
Amid public uproar on the "No Vaccination, No Ride" policy, the Department of Transportation (DOTr) stressed that the exemptions on the scheme have already been stated in the guidelines even before its implementation. Regional Highway Patrol Unit (RHPU) - National Capital Region (NCR) led by Chief...
DOTR123 The Department of Transportation (DOTr) said the exemption of essential workers from the “no vaccination, no ride” policy is not a new protocol enforced after the policy’s pilot implementation. In a statement on Thursday, Jan. 20, the DOTR clarified that prior to the full...
The government should apologize for public confusion created by the implementation of the "no vaccination, no ride", especially on the issue pertaining to who should be exempted from the policy, Department of Labor and Employment (DOLE) Secretary Silvestre Bello III said on Wednesday, Jan. 19....
pm_38_525_525733-b6moystgtl CEB: Returning minors exempted from 'no vax, no fly' By Emmie V. Abadilla Unvaccinated and partially vaccinated minors below 18 years old may be allowed to travel if they are returning residents and accompanied by a fully vaccinated adult, Cebu Pacific (CEB) announced in...
