(MANILA BULLETIN) The House Committee on Ways and Means approved on Tuesday, May 9 a bill criminalizing tax racketeering. Albay 2nd district Rep. Joey Salceda sponsored House Bill (HB) No.7653 during Tuesday's committee proceedings. Salceda chairs the panel. Salceda’s proposal defines tax...
House Deputy Speaker and Batangas 6th district Rep. Ralph Recto (Facebook) House Deputy Speaker and Batangas 6th district Rep. Ralph Recto has a simple request for his former colleagues in the Senate: pass a counterpart bill extending the availment of estate tax amnesty for an extra two years....
A total of 1,370 IT business process management (ITBPM) firms with combined investments of P8.185 billion have transferred their registration to the Board of Investments (BOI) from other investment promotion agencies (IPAs) to continue enjoying fiscal perks even if they operate under the...
Exporters and the Philippine Economic Zone Authority (PEZA) said the revised rules on value added tax (VAT) zero rating on the local purchases of goods and services of exporters are expected to boost investor confidence in the country. PEZA Director General Tereso O. Panga said following the release...
A total of 1,370 IT business process management (ITBPM) firms with combined investments of P8.185 billion have transferred their registration to the Board of Investments (BOI) from other investment promotion agencies (IPAs) to continue enjoying fiscal perks even if they operate under the...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The House Committee on Ways and Means has approved with amendments the bill seeking to extend by another two years the availment of the estate tax amnesty, as provided for under Republic Act (RA) No.11213 or the "Tax Amnesty Act". Chaired...
House Deputy Speaker and Batangas 6th district Rep. Ralph Recto (Facebook) Batangas 6th district Rep. Ralph Recto is asking President Ferdinand "Bongbong" Marcos Jr. to certify as urgent the House measure extending the deadline of the estate tax amnesty for another two years. Recto, a deputy...
The Marikina City local government on Wednesday, April 19, distributed tax relief certificates to several "carinderias" or small eateries and sari-sari store owners in the city. Marikina City Mayor Marcelino "Marcy" Teodoro led the event together with Marikina City 1st District Representative...
AGRI Party-list Rep. Wilbert T. Lee (Rep. Lee's office) AGRI Party-list Rep. Wilbert T. Lee has echoed calls from the House leadership to extend the availment period of estate tax amnesty for another two years. For this purpose, Lee penned and filed House Bill (HB) No.7842, or the proposed Act...
Marikina City Mayor Marcelino "Marcy" Teodoro announced on Friday, April 14, that the city government will grant amnesty to delinquent real property and business taxpayers as part of the city government's bid to help them recover from the adverse effects of the Covid-19 pandemic and other prevailing...
As the deadline for the filing and payment of the 2022 Annual Income Tax Return (AITR) approaches, the Presidential Communications Office (PCO) has reminded the public to maximize the Bureau of Internal Revenue (BIR)'s "File and Pay Anywhere" setup. *Presidential Communications Office / Facebook* In...
High-ranking House of Representatives members are seeking a two-year extension to the availment of the estate tax amnesty, as provided for under Republic Act (RA) No.11213 or the "Tax Amnesty Act". Leading the filing of House Bill (HB) No.7409 was House Speaker and Leyte 1st district Rep. Martin...
