Tag page - INCENTIVES

Senator Nancy Binay on Sunday urged the Bureau of Internal Revenue (BIR) to “have a heart” and spare private schools from a 150 percent increase in income tax. Binay said the BIR should withdraw its Revenue Regulation No. 5-2021 which seeks to impose higher income tax on so-called proprietary...

Metro Manila mayors are considering giving uniform incentives to convince more people to get inoculated against the coronavirus disease (COVID-19). (FILE PHOTO / MANILA BULLETIN) Parañaque City Mayor Edwin Olivarez, also the chairman of the Metro Manila Council (MMC), said in an interview with...

Vice President Leni Robredo believes that incentivizing those who will get their coronavirus jabs will further boost the country’s vaccination drive. Vice President Leni Robredo (OVP) Robredo, an opposition leader, said it is up to the local government units (LGUs) and the national government how...

A ray of hope shone through the thick fog of anxiety over the latest COVID upsurge: the signing into law by President Duterte of Republic Act 11534, the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE). It is regarded as a “historic economic reform” that is “one of the...

The proposed legislated franchise for the Bulacan airport project will imperil all existing and future tax laws in the country, economic and transportation experts warned. In a virtual briefing, Action for Economic Reforms coordinator Filomeno Sta. Ana III and transportation expert Rene Santiago...