Don’t blame us. Senate President Juan Miguel F. Zubiri on Tuesday, May 16, issued this statement after stressing that passage of a bill requires the reglamentary legislative process. Zubiri was apparently piqued at Congressman Joey Salceda who has called on the Senate to pass quickly a bill that...
Finance Secretary Carlos G. Dominguez III has suggested that the government should consider increasing taxes on real-estate properties instead of imposing the wealth tax. “I’m against wealth tax,” Dominguez said at a virtual forum by Financial Executives Institute of the Philippines (FINEX)...
Quezon City mayoralty aspirant and Anakalusugan Rep. Mike Defensor vowed on Friday, Oct. 15 to stop the increase in land taxes imposed by the city government on residential, commercial and industrial lots if elected mayor in the May 2022 elections. Rep. Michael Defensor2 Defensor, who chose...
The extension of the amnesty for unpaid real estate taxes for another two years will benefit both the government and the families that are recovering from the economic impacts of the COVID-19 pandemic, Senator Juan Edgardo "Sonny" Angara said on Saturday, May 29. Senator Juan Edgardo 'Sonny' Angara...
The Senate has approved on third and final reading the measure seeking to extend the estate tax amnesty for another two years. With 23 affirmative votes, the Senate approved Senate Bill No. 2208 which seeks to amend Republic Act No. 11213 or the Tax Amnesty Act, which is set to expire on June 15,...