Tag page - higher taxes

Totally banning the operations of Philippine Offshore Gaming Operators (POGOs) in the country may result to an increase in taxes.   Sen. Francis “Chiz” Escudero pointed this out saying he inevitably expects the government to look for ways to offset the revenues that POGO companies bring in...

The proposed expansion of the non-essential goods tax, which would see luxury good items taxed more, would generate st least P12.4 billion in annual revenue that could be funneled into supporting the local creative industry, Albay 2nd District Joey Salceda said on Wednesday, Jan. 18. Albay 2nd...

Amid calls to impose higher taxes on the rich, Albay 2nd District Rep. Joey Salceda on Monday, Jan. 16, revealed plans to tax luxury items, such as wristwatches, bags, beverages, and paintings, among others. (Photo from the office of Albay Rep. Joey Salceda) This came after international...

Are alcomixes your preferred drink? Then brace for possible higher prices for the beverage. (Unsplash) House Committee on Ways and Means chairman, Albay 2nd district Rep. Joey Salceda said Friday, Dec. 30 that his panel would look into "discussing taxation" on the commodity come 2023. "We will...