(MANILA BULLETIN) On Labor Day, Alyansa para sa Bagong Pilipinas senatorial candidate Benhur Abalos batted for higher income tax exemption levels, as he reckoned that workers deserve greater financial relief amid continuing inflation...
Mayor Abby Binay Makati City Mayor and senatorial aspirant Abby Binay on Thursday, May 1, renewed her call to tax exempt overtime pay and bonuses like the 13th month pay, to promote financial security among government and private sector workers and their families. In a statement, Binay said...
The Court of Tax Appeals (CTA) has denied the petition of Bohol Light Company, Inc. (BLCI) to reverse a regional trial court (RTC) ruling that the firm has "no clear and categorical exemption from other local taxes." Assailed by the BLCI was the March 31, 2016 decision issued by the Tagbilaran...
From left to right: Tingog Party-list Rep. Yedda Marie Romualdez, House Speaker Martin Romualdez, Olympic gymnast Carlos Yulo. (Speaker’s office) The House of Representatives approved on second reading on Wednesday, Aug. 14 the bill that sought tax...
President Marcos has granted travel tax exemption to all travelers departing from all international airports and seaports in Mindanao and Palawan to any destination in the BIMP-EAGA (Brunei Darussalam-Indonesia-Malaysia-Philippines-East ASEAN Growth Area). File photos Memorandum Order (MO) No. 29,...
Camarines Sur 2nd district Rep. LRay Villafuerte (PPAB) Camarines Sur 2nd district Rep. LRay Villafuerte is batting for swift plenary action from the House of Representatives on a proposed measure exempting from taxes all rewards and donations awarded to...
The Department of Finance (DOF) is actively pursuing the removal of tax exemptions for pickup trucks that are not essential for small business operations. According to the DOF proposal, the reintroduction of excise tax on pickup trucks marketed as "lifestyle passenger vehicles" will significantly...
The Court of Tax Appeals (CTA) has ruled in favor of the Bureau of Internal Revenue (BIR) as it denied the petition filed by Valle Verde Country Club, Inc. which sought a P7.449 million refund for output value-added tax (VAT) on membership fees, assessment dues, and other charges from April 2018 to...
Puwersa ng Bayaning Atleta (PBA) Party-list Rep. Migs Nograles is pushing for increased tax exemption for imported sporting gear and equipment. PBA Party-list Rep. Migs Nograles (Facebook) “We have to invest in the health of our people by encouraging them to have a very active lifestyle," said...
FROM THE MARGINS The President has appointed a new tax chief. Atty. Romeo Lumagui, Jr., tax lawyer and former Deputy Commissioner for Operations, recently took his oath, assuming leadership of the Bureau of Internal Revenue (BIR) amidst many challenges. With global inflation and an economy bearing...
Senators are throwing their support on proposals seeking to exempt from income tax all election honoraria and allowances of persons rendering services during elections. Sen. Sherwin Gatchalian, author of Senate Bill No. 1193, said public school teachers who are required to render poll duties during...
Reelectionist Senator Sherwin Gatchalian on Tuesday, April 12 vowed to pursue the enactment of his bill that would grant tax exemption on the honoraria, travel allowance, and other benefits of poll workers, including teachers, officials, and personnel of the Department of Education (DepEd). The...
