Senator Panfilo “Ping” Lacson rebuked what he considered an attempt by Sen. Alan Peter Cayetano to deflect accountability on the issue of P700 million in wasted taxpayers’ money during his 28-day stint as Senate leader. Cayetano, in yet another lengthy Facebook Live, had claimed, among other...
President Marcos has extended the deadline of filing of 2025 income tax returns (ITR) from April 15 to May 15. It aims to give taxpayer more time to file their ITR properly without incurring penalties. "Pinalawig natin ang deadline ng filing ng 2025 Annual Income Tax Returns mula April 15 hanggang...
The Navotas City government has recognized Therma Mobile, Inc., a subsidiary of Aboitiz Power Corporation (AboitizPower), as the number one taxpayer of real property tax in the city for the ninth consecutive year, while also tallying at the 11th spot for local business tax. The award was presented...
Manila Mayor Francisco "Isko Moreno" Domagoso urged business and property owners in the city to avail themselves of its General Tax Amnesty and huge Real Property Tax (RPT) discounts for early payers as part of the city 's expanded efforts to help taxpayers keep up with their dues while...
The Bureau of Internal Revenue's (BIR) specialized unit responsible for managing the tax affairs of large corporations is expected to exceed its collection target this year. Based on the amended 2024 BIR collection program, the Large Taxpayers Service (LTS) has revised the collection goal to P1.883...
The Bureau of Internal Revenue's (BIR) specialized unit responsible for managing the tax affairs of large corporations in the country is projected to collect P1.841 trillion this year. According to BIR Revenue Memorandum Order (RMO) No. 11-2024, the Large Taxpayers Service (LTS) is tasked...
Senator Sherwin Gatchalian on Monday, January 16 assured that middle income taxpayers can expect a higher take-home pay starting this year due to the Tax Reform for Acceleration and Inclusion (TRAIN) Law. Under the TRAIN law, taxpayers earning more than P250,000 a year but not over P8-million wold...
The Lucena city government honored top taxpayers at the 61st Araw ng Lucena celebration at the Queen Margarette Hotel in Lucena Saturday, Aug. 20. Among those honored were affiliates and tenants of SM City Lucena – Jollibee, Ace Hardware, SM Appliance Center, SM Store, and SM Supermarket. SM...
The Bureau of Internal Revenue (BIR) is setting its sights on seven major business sectors that registered negative growth in collections following the government’s main tax agency’s weak performance in the first semester. During a Senate hearing on Tuesday, Aug. 16, BIR Commissioner Lilia C....
The Bureau of Internal Revenue (BIR) will extensively use the so-called net worth method of investigation to unearth the untaxed wealth of individual taxpayers once the ban on audit is lifted. Money/File (Manila Bulletin article) According to BIR, this was disclosed by some Metro Manila revenue...
For paying the right taxes to the municipal government despite the pandemic, local businesses were recognized during the recent Independence Day rites in Tanay, Rizal. Photo courtesy of Nel Andrade / MANILA BULLETIN Outgoing Mayor Rex Manuel Tanjuatco lauded the top five tax payers for 2020 and...
The Muntinlupa City government honored the top 10 taxpayers in the city during its 27th cityhood anniversary celebration on March 1. “I would like to recognize them again because of their big role in fulfilling the programs of the city government for the public,” said Mayor Jaime Fresnedi....
