LAMBAYONG, Sultan Kudarat–Presidential bet Ferdinand “Bongbong” Marcos Jr. says that micro, small, and medium enterprises should be given financial aid (ayuda), a “tax holiday” to cushion the economic burdens of the Covid-19 pandemic, and microfinancing from private investors to help...
Senatorial candidate and incumbent Sorsogon Governor Francis “Chiz” Escudero has urged the government to channel all collections from taxes on fuel to a more substantial aid package for struggling households. Instead of the measly P200 monthly allowance, Escudero said Congress should pass a...
“Worst kind of black propaganda.” This was how retired Supreme Court Senior Associate Justice Antonio Carpio described the statement by former Senator Ferdinand Marcos Jr.’s spokesman Vic Rodriguez, who said that the P203-billion estate tax debt by the Marcoses is still “pending in...
Presidential candidate Panfilo "Ping" Lacson expressed his willingness to go after unsettled taxes in order tp finance crucial projects of his government, including a national broadband plan (NBP) designed to significantly improve Internet connection services across the country. Speaking from the...
Former senator Joseph Victor “JV” Ejercito on Friday renewed his call for the government to suspend the excise tax on fuel to mitigate the ongoing global crisis on petroleum products brought about by the conflict between Ukraine and Russia. Ejercito said it’s imperative for the government to...
Retired Supreme Court Senior Associate Justice Antonio Carpio on Thursday, March 24, called for the Bureau of Internal Revenue (BIR) to file a criminal case against former Senator Ferdinand Marcos Jr. for failing to pay his family’s P203-billion estate tax debt. 1Sambayan lead convenor Antonio...
With the increase in the tax imposition on teachers’ election service honoraria and allowances, a group on Wednesday, March 23, called on Senators anew to legislate a measure to tax-exempt the pay of teacher-poll workers. Public school teachers undergo training for the May 2022 elections. (ALI...
Heirs of former President Fernando Marcos cannot walkaway from paying the family's P203.8 billion estate tax even if one of them becomes the next President of the country, former Internal Revenue Commissioner Kim S. Jacinto-Henares said. Jacinto-Henares explained that “if we follow the law,”...
Former Vice President and senatorial aspirant Jejomar Binay backed the scrapping of the tax on the honorarium of teachers and other poll workers in the upcoming May 2022 elections. Binay made the statement on Monday, March 21, following the petition filed by a group for the removal of the...
The government can review the current structure of the excise tax laws but it should not do so at the expense of fixing the series of increases in the prices of petroleum, Senator Imee Marcos said on Sunday, March 20. Marcos, who chairs the Senate Committee on Economic Affairs, said the immediate...
Vice President Leni Robredo took a swipe at her fellow presidential candidate, former Senator Ferdinand Marcos Jr., for the latter’s failure to settle his family’s P203.819-billion estate tax debt to the government, saying it could be used for delivering social services to the needy. Former...
The Bureau of Internal Revenue (BIR) has extended up to April 18 the deadline for the filing of 2021 income tax return (ITR). BIR Commissioner Caesar Dulay (Photo courtesy of BIR Facebook page) BIR Commissioner Caesar R. Dulay moved the original April 15 deadline as it is a holiday, Good Friday....
