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...
The House Committee on Ways and Means has vowed to pin down the alleged Chinese mafia behind the agricultural smuggling in the Philippines as soon as Congress resume sessions this year, 2023. Albay 2nd District Rep. Joey Sarte Salceda, chairman of the said committee, said the panel has “Class...
Senator Sherwin Gatchalian on Wednesday, November 23 said he is considering amending the Philippine Amusement and Gaming Corporation’s (PAGCOR) Charter to pave way for the creation of another agency that would be in charge of gambling operations in the Philippines As of now, Gatchalian said it is...
The Philippine Amusement and Gaming Corporation (PAGCOR) on Wednesday, November 23 submitted to the Senate a copy of its road map which they plan to adopt to grow the Philippine Offshore Gaming Operations (POGOs) industry. This roadmap, according to the state gaming regulatory agency, will help...
The House Committee Ways and Means on Wednesday, Aug. 17, approved a proposed measure that would impose value-added tax (VAT) on non-resident digital service providers (DSPs), such as Amazon and Google. (Images from Wikipedia) Albay 2nd District Rep. Joey Salceda, committee chairman, said during...
Department of Finance (DOF) Secretary Benjamin Diokno on Wednesday, Aug. 17, listed down the agency’s suggested measures to accelerate the country’s economic recovery from the Covid-19 pandemic, highlighting the agency’s support for the Marcos administration’s Medium-Term Fiscal Framework...
Albay 2nd district Rep. Joey Salceda has confirmed that he will retain his chairmanship of the House Committee on Ways and Means in the upcoming 19th Congress. Albay 2nd district Rep. Joey Salceda (Facebook) "It's ways and means," Salceda said when asked about the panel that he would be holding in...
The Department of Finance (DOF) on Thursday said it does not support the measures that seek to provide a tax exemption for teachers and other personnel who would render services during elections. The DOF made their position known at the Senate Committee on Ways and Means hearing on the various...
The House Committee on Ways and Means has green-lit for plenary approval House Bill (HB) 8700, which exempts the Civil Aviation Authority of the Philippines (CAAP) from the Dividend Law or Republic Act (RA) 7656. Under the Dividend Law, all government-owned and controlled corporations (GOCC),...
Senator Pia Cayetano on Sunday, Sept. 26 said the newly-signed law taxing Philippine Offshore Gaming Operations (POGOs) or Republic Act No. 11590 is a “major win” for the country as it will help generate billions of pesos in additional funds for public services but without burdening Filipino...
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...
Senator Pia Cayetano on Tuesday, August 3 vowed to expedite the passage of the bill that seeks to clarify the controversy regarding the preferential tax rates of private schools. Cayetano, who chairs the Senate Ways and Means Committee, said she is now waiting for the transmittal of the House of...
