Senator Sherwin Gatchalian on Wednesday called on the Bureau of Internal Revenue (BIR) to launch a massive crackdown on mulcting officials and personnel, victimizing not just large corporations, but even small businesses. “Marami sa ating mga maliliit na negosyante ay kinikikilan ng ilang hindi...
Local fishers were left with no choice but to look for alternative jobs apart from fishing amid the continuous fuel cost hike in the Philippines. A fisherman in Cavite (Manila Bulletin File Photo) Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) National Chairperson Fernando...
The Civil Service Commission (CSC) has approved the appointments of the executive officers of the Philippine Tax Academy (PTA), including the president and the three chancellors of the institution. PTA President and Department of Finance (DOF) Chief Economist Gil Beltran said the CSC cleared the...
Gabriela, a national alliance of women in the Philippines, reiterated that the scrapping of Oil Deregulation Law, as well as the removal of excise tax on major oil products may help solve the continuously soaring oil prices in the country. (Mark Balmores / Manila Bulletin File Photo) The women’s...
The Department of Finance (DOF) reported that the comprehensive tax reform program (CTRP) initiated by President Duterte since he took office has yielded more than half a trillion pesos in fresh government revenues. In a report to Finance Secretary Carlos G. Dominguez III, the DOF’s Domestic...
House Ways and Means Committee chairman, Albay 2nd district Rep. Joey Salceda insisted that the proposal to remove value-added tax (VAT) on power generation and excise taxation on fuel source is not possible without legislation. Albay 2nd district Rep. Joey Salceda (File photo/ MANILA BULLETIN)...
The progressive party-list group Bayan Muna has pushed the Supreme Court (SC) to act swiftly on the petition seeking to cancel the certificate of candidacy (COC) of presumptive president Ferdinand “Bongbong” Marcos Jr. Bayan Muna Party-list Rep. Carlos Zarate (Photo from Bayan Muna) “There is...
Economist and Albay 2nd district Rep. Joey Salceda says that to pay off the country’s Covid-19 debts, the next administration will have to generate around P326-billion in yearly revenue. Albay 2nd district Rep. Joey Salceda (Photo from Joey Sarte Salceda FB) As of January 2022, the Department of...
A lawyer of one of the groups that asked for presumptive president Ferdinand Marcos Jr.’s disqualification from the 2022 presidential race said that the former senator will be in power to decide on the myriad of issues that face his family, including reparation for the human rights victims during...
Exemption or reduction in payment of the motor vehicle user’s charge (MVUC) for electric vehicles (EVs) is among the set of incentives proposed to be incorporated in the implementing rules and regulations (IRR) of the new Electric Vehicles and Charging Stations Act. Energy Undersecretary Felix...
Beltran named first PTA president By CHINO S. LEYCO The Board of Trustees of the Philippine Tax Academy (PTA) has unanimously voted to elect Department of Finance (DOF) Chief Economist and retired Undersecretary Gil S. Beltran as the institution’s first president. Finance Secretary and PTA Board...
The Department of Finance (DOF) wants large foreign digital service providers (DSP) to remit to the Bureau of Internal Revenue (BIR) the value-added tax (VAT) in transactions that go through their platforms. Finance Director Euvimil Nina R. Asuncion said the DOF supports House Bill (HB) No. 7425...
