Senator Sherwin Gatchalian on Tuesday, July 25 urged Congress to fast track approval of the bill that seeks to boost taxpayer compliance by making it easier for Filipinos to pay their taxes. Sen. Sherwin Gatchalian...
The Energy Regulatory Commission (ERC) is establishing legal ground for the targeted revocation of a previous resolution allowing pass-through of the 3.0-percent franchise tax of transmission firm National Grid Corporation of the Philippines (NGCP) to electricity consumers. “Our legal team is...
Taxpayers were reminded by the Bureau of Internal Revenue (BIR) that they have until Monday, May 15, to submit their quarterly income tax return for individuals, estates, and trusts. (File photo) This deadline also applies to eligible self-employed individuals and professionals who wish to avail of...
A total of 1,370 IT business process management (ITBPM) firms with combined investments of P8.185 billion have transferred their registration to the Board of Investments (BOI) from other investment promotion agencies (IPAs) to continue enjoying fiscal perks even if they operate under the...
The measure seeking to impose additional taxes on Philippine Offshore Gaming Operators or POGOs and their service providers is now waiting for President Duterte’s signature. This was after the Senate voted 17-3-0, and then approved on third and final reading, Senate Bill No. 2232 which seeks to...