Labor group Defend Jobs Philippines has slammed the government’s imposition of new tax measures on players of online play-to-earn (P2E) games such as Axie Infinity. (Photo from Alexandria San Juan) This, after the Department of Finance (DOF) earlier pronounced that earnings from these gaming...
With a sharp drop in enrollment practically conspiring with the imposition of higher taxes by the Bureau of Internal Revenue, the country’s private schools are turning to Congress for help in the swift adoption of legislative policy intervention. COCOPEA LOGO In a statement issued after the House...
The House of Representatives voted unanimously for the third and final reading approval of a bill that will exempt from income tax the honoraria, allowances and other financial benefits received by election workers. Poll workers Authored by members of the Makabayan bloc and Nueva Vizcaya Rep. Luisa...
Earnings from online play-to-earn games, such as Axie Infinity, are taxable, the Department of Finance (DOF) said. Axie Infinity Amid a rapid rise in popularity of online multiplayer video games that also allow players to generate profits, Finance Undersecretary Antonette C. Tiono said that...
Some 28 business and professional organizations in the country have expressed strong support as they called to uphold the independence of the Commission on Audit, which has uncovered “deficiencies” in its audit on the way government funds were being appropriated by government agencies. “We,...
The Bureau of Internal Revenue (BIR) has stretched the deadline for the filing of various tax returns in areas under enhanced community quarantine (ECQ) and modified community quarantine (MECQ). (Ali Vicoy/ File photo/ MANILA BULLETIN) BIR Commissioner Caesar R. Dulay said the extension was in...
The Commission on Audit (COA) has disallowed in audit some P318.572 million representing tax refunds that were issued despite alleged violations of the complete documentary requirements and “mandatory and jurisdictional conditions” in its grant by the Bureau of Internal Revenue (BIR) . Bureau...
The.Bureau of Internal Revenue (BIR) has told social media influencers (SMIs) such as vloggers to be more accurate in their income declarations to avoid criminal charges, including tax evasion. (Photo from BIR Facebook page) BIR Commissioner Caesar R. Dulay issued the appeal even as revenue...
The Bureau of Internal Revenue (BIR) has urged relatives of the deceased to avail of estate tax amnesty so that the government can raise more funds to address the problem of the coronavirus disease (COVID-19) pandemic. A beneficiary of social amelioration during the ongoing enhanced community...
The Bureau of Internal Revenue (BIR) has launched an all-out investigation against monetized social media influencers (SMIs) or vloggers who do not pay taxes from their huge income. (Photo by Dewang Gupta/ Unsplash) BIR Commissioner Caesar R. Dulay ordered regional directors and district officers...
The House Committee on Ways and Means has approved the draft substitute bill seeking to establish the National Center for Geriatric Health and Research Institution (NCGHRI). During a virtual hearing on Monday, August 16, House ways and means committee chair, Albay Representative Joey Salceda...
The Bureau of Internal Revenue (BIR) filed a total of 84 criminal charges against suspected tax cheats before the Department of Justice (DOJ) during the first half of 2021 for refusal to settle tax debts amounting to P3.1 billion. (Photo by Roth Melinda/ Unsplash) The BIR also padlocked 274 firms...
