Presidential candidate Senator Panfilo ‘Ping’ M. Lacson on Monday, March 14 said a Lacson presidency would rather focus on improving revenue collections by eliminating corruption to avoid encumbering Filipinos with more expenses than they could shoulder rather than raising taxes. “New tax...
The Marikina City local government passed on Tuesday, Dec. 28, an ordinance which exempts all local footwear and leather goods manufacturers in the city from paying tax as the country continues to grapple with the economic effects of the COVID-19 pandemic. In a set of photos posted on the city's...
The proposed Hidilyn Diaz Act easily hurdled second reading passage in the House of Representatives on Tuesday, August 24. Hidilyn Diaz 2 House Bill 9990 seeks to clarify all laws on the imposition of taxes for bonuses, rewards, donations, gifts and other forms of emoluments granted to national...
The House of Representatives voted unanimously for the third and final reading approval of a bill that will exempt from income tax the honoraria, allowances and other financial benefits received by election workers. Poll workers Authored by members of the Makabayan bloc and Nueva Vizcaya Rep. Luisa...
The House Committee on Ways and Means has approved the draft substitute bill seeking to establish the National Center for Geriatric Health and Research Institution (NCGHRI). During a virtual hearing on Monday, August 16, House ways and means committee chair, Albay Representative Joey Salceda...
The House Committee on Ways and Means has approved the substitute measure seeking to exempt from all taxes the rewards and donations given to Olympic gold medalists Hidilyn Diaz and other national athletes and their coaches which they obtained during international sports competitions. House Bill...
Senator Pia Cayetano is seeking the grant of tax exemptions on the rewards and donations to be given to Olympic medalists and their coaches. Senator Pia Cayetano sponsors on July 27, 2021 a resolution commending weightlifter Hidilyn Diaz, Philippines' first Olympic gold medalist. (Office of Senator...
Presidential Spokesman Harry Roque asked Congress to pass a law that would exempt Olympic Gold medalist Hidilyn Diaz's cash rewards from tax, saying no Filipino wanted to deduct from her much-deserved prizes. Hidilyn Diaz's gold medal-winning lift (Photo from AFP) Roque made the statement after the...
