Totally banning the operations of Philippine Offshore Gaming Operators (POGOs) in the country may result to an increase in taxes. Sen. Francis “Chiz” Escudero pointed this out saying he inevitably expects the government to look for ways to offset the revenues that POGO companies bring in...
Albay 2nd District Rep. Joey Salceda (left) and President Ferdinand Marcos Jr. (Rep. Salceda's office, Facebook) House Committee on Ways and Means Chairman Rep. Joey Salceda is asking Malacañang to certify the proposed Ease of Paying Taxes (EOPT) Act as an urgent measure. Salceda, Albay's 2nd...
Senator Sherwin Gatchalian on Tuesday, July 25 urged Congress to fast track approval of the bill that seeks to boost taxpayer compliance by making it easier for Filipinos to pay their taxes. Sen. Sherwin Gatchalian...
The Philippine Chamber of Commerce and Industry (PCCI), the voice of Philippine business, appealed to the government to extend the implementation of the tax cut until the end of the year as businesses have yet to take advantage of it and fully recover from the onslaught of COVID-19 pandemic. In a...
Senator Sherwin Gatchalian has filed a bill seeking to simplify and extend the government’s estate tax amnesty program for two more years in response to the clamor of taxpayers to avail of a tax reprieve. Gatchalian, chairman of the Senate Committee on Ways and Means, filed Senate Bill No. 2197...
The government shouldn't hold back from spending its resources for the clean-up of the Oriental Mindoro oil spill as well as the indemnification of affected coastal residents. Thus, said House Deputy Speaker and Batangas 6th district Rep. Ralph Recto as he placed a spotlight on the government’s...
Senator Sherwin Gatchalian is seeking administrative tax reforms to make it easier for heirs to file and pay for their estate taxes. This is one of the provisions of Senate Bill (SB) No.1346, or the Ease of Paying Tax Act, which introduces reforms by amending certain provisions of the National...
A House leader has renewed his call for the automatic suspension of excise taxes on fuel amid the successive pump price hikes last month. (Ali Vicoy/ File photo/ MANILA BULLETIN) By way of House Bill (HB) No. 5176, Camarines Sur 2nd district Rep. LRay Villafuerte wants to make permanent the...
Marikina City Mayor Marcelino "Marcy" Teodoro announced on Thursday, Jan. 19, the extension of the deadline for business permit renewal in a bid to help small entrepreneurs and micro, small, and medium enterprise (MSME) operators adversely affected by the ongoing Covid-19 pandemic and other...
The proposed expansion of the non-essential goods tax, which would see luxury good items taxed more, would generate st least P12.4 billion in annual revenue that could be funneled into supporting the local creative industry, Albay 2nd District Joey Salceda said on Wednesday, Jan. 18. Albay 2nd...
The Energy Regulatory Commission (ERC) has scheduled series of public hearings on the tariff adjustment of transmission system operator National Grid Corporation of the Philippines (NGCP) for its fourth regulatory reset covering the periods 2016-2020. The rate reset is a regulatory lag in the rates...
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...
