Senators are throwing their support on proposals seeking to exempt from income tax all election honoraria and allowances of persons rendering services during elections. Sen. Sherwin Gatchalian, author of Senate Bill No. 1193, said public school teachers who are required to render poll duties during...
The Antipolo City local government on Tuesday, April 19, was recognized by the Department of Finance (DOF) for its excellent Covid-19 economic recovery practices for its residents and Micro, Small, and Medium Enterprises (MSMEs) adversely affected by the pandemic. Antipolo City Mayor Andeng Ynares...
"Work-from-home" or WFH is a term that gained popularity due to sheer necessity during the Covid-19 pandemic. But a former congressman in the current 18th Congress thinks that the proper term should be "work from anywhere" or WFA. (Simon Hattinga Verschure/ Unsplash) “Let us stop living in the...
Party-list group Bayan Muna has filed a resolution initiating a probe into the P203-billion alleged unpaid estate tax of Marcos heirs, to be led by the House Committee on Good Government and Public Accountability. Members of the group PRIMO ISKO staged a protest rally in front of the Bureau of...
Albay 2nd District Representative Joey Salceda on Friday called on the Bureau of Internal Revenue (BIR) to clarify the definition of “unrelated activities” under its Revenue Regulation 3-2022 to ensure that private schools and hospitals to reduce the any tax uncertainty. Salceda, chair of the...
Reelectionist Senator Sherwin Gatchalian on Tuesday, April 12 vowed to pursue the enactment of his bill that would grant tax exemption on the honoraria, travel allowance, and other benefits of poll workers, including teachers, officials, and personnel of the Department of Education (DepEd). The...
Updating the country’s property valuation system is the correct way to impose a so-called “wealth tax” that local government units (LGUs) can impose on affluent individuals, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said on Monday, April 11, that LGUs can...
There should be a moratorium on the creation of new cities and provinces if the existing local government units (LGUs) are to maximize the increased financial resources that they will receive starting this year. (Photo from LRay Villafuerte's Facebook) Camarines Sur 2nd district congressman and...
The Bureau of Internal Revenue (BIR) has filed tax evasion charges against seven corporate and nine individual taxpayers based in Luzon and Cebu worth more than P368 million. Bureau of Internal Revenue In separate criminal complaints submitted to the Department of Justice, BIR Commissioner Caesar...
House Ways and Means panel chairman and Albay 2nd district Rep. Joey Salceda thinks that Congress should legislate “Al Capone” laws to impose greater taxation on seized ill-gotten wealth and money laundering, as well as allow evidence of tax evasion to be used to assist in the prosecution of...
The Bureau of Internal Revenue (BIR) recorded a decline in tax collection from Philippine Offshore Gaming Operations (POGO) last year following their exodus at the height of the pandemic. BIR Commissioner Caesar R. Dulay reported to the Department of Finance (DOF) that the bureau collected P3.91...
Exempting the honoraria of teacher-poll workers from tax is up to Congress through law amendment, an official of the Department of Education (DepEd) on Wednesday, April 6, said. (ALI VICOY / MANILA BULLETIN) Education Undersecretary for Administration Alain Pascua, during the “Laging Handa”...
