Canada and the Netherlands, two countries pushing for media freedom worldwide, heaved a sign of relief after the Philippine Court of Tax Appeals (CTA) acquitted embattled journalist Maria Ressa and her company, Rappler, of tax evasion charges. In a statement, the two countries, which co-chair the...
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...
MANILA, Philippines - Nobel laureate Maria Ressa told AFP she keeps a prison "go bag,” bundles of cash for bail, and runs simulations of police raids with her staff as she fights for press freedom in the Philippines. The Rappler editor won acquittal of four tax-dodging charges Wednesday, but said...
Senator Risa Hontiveros on Wednesday, January 18 hailed the acquittal of journalist and Nobel Laureate Maria Ressa and her news outlet Rappler of tax evasion charges as a “win for free and defiant journalism in the Philippines.” Hontiveros issued the statement after the first division of the...
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...
Economist-solon Albay 2nd district Rep. Joey Salceda says he is proud of the part he played in enacting the Tax Reform for Acceleration and Inclusion (TRAIN) Law, which has placed more cash in the pockets of Filipinos who relatively earn less. (Mari Gimenez/ Unsplash) Salceda, chairman of the House...
Puwersa ng Bayaning Atleta (PBA) Party-list Rep. Migs Nograles is pushing for increased tax exemption for imported sporting gear and equipment. PBA Party-list Rep. Migs Nograles (Facebook) “We have to invest in the health of our people by encouraging them to have a very active lifestyle," said...
Davao City 1st district Rep. Paolo Duterte is leading a push to grant tax incentives to doctors volunteering their services for free to indigent patients as a way of recognizing their “selfless and committed” efforts in helping provide quality healthcare to Filipinos. (Alexandr Podvalny/...
Here's some good news to start the year 2023. (MANILA BULLETIN) Albay 2nd district Rep. Joey Salceda reminded Filipinos on Saturday, Dec. 31 that half a month's worth of salary awaits them as part of the windfall from the Tax Reform for Acceleration and Inclusion or TRAIN Law. “A 13.5th month...
House Committee on Ways and Means Chairman Joey Salceda has thumbed down a recommendation from the International Monetary Fund (IMF) for the government to shift away from luxury taxation of cars, saying this would lead to the taxation of public utility jeepneys (PUJs). (MANILA BULLETIN) The Albay...
Individual taxpayers will get income tax breaks next year, providing Filipino consumers additional purchasing power, but would result in billions of foregone government revenues. This is because the second tranche reduction in personal income tax as mandated under the Tax Reform for Acceleration...
Parañaque City Mayor Eric Olivarez said the local government will not impose any increase in real property taxes (RPTs) in 2023 to assist businesses and attract more investments as part of the City’s Economic Recovery Program. Olivarez said the City Council has passed an ordinance officially...
