The Court of Tax Appeals (CTA) has cancelled and set aside the P48.5 million in local franchise taxes assessed for collection by the Cagayan provincial government against Smart Communications, Inc. for the years 2011 to 2015. “We find that petitioner’s (Smart Communications) franchise...
The Court of Tax Appeals (CTA) has denied the petition of Nippon Express Philippines Corporation for a tax refund of P18.7 million from the Bureau of Internal Revenue (BIR). Nippon Express filed an application for tax credits or refunds before the BIR on July 13, 2020 in the amount of...
Senator Sherwin Gatchalian has called on the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) to immediately suspend a rule requiring members of cooperatives to obtain their respective tax identification numbers (TINs) before they are granted tax exemption privileges. ...
The Court of Tax Appeals (CTA) has denied the petition of E-Power Security and Investigation Services, Inc. which sought the suspension of the collection of the disputed tax liability for taxable year 2015 by the Bureau of Internal Revenue (BIR). On Nov. 21, 2022, the CTA's first division dismissed...
The Court of Tax Appeals (CTA) has denied for lack of jurisdiction the petition of Dole Philippines, Inc.-Stanfilco Division against the Davao City local government and its officials led by former mayor Rodrigo R. Duterte on environmental tax assessments. Dole Philippines, which is engaged in the...
The government is offering tax deductions to private donors supporting six priority programs in this year's list of the state planning agency National Economic and Development Authority (NEDA). Earlier this month, NEDA came out with the 2025 National Priority Plan (NPP), which listed down key...
BACOLOD CITY – Sen. Francis Tolentino pushed the removal of the 12 percent Value-Added Tax on power rates to reduce the cost of electricity and lower the prices of goods and services that rely on power. TOLENTINO In an interview at Nature’s Village Resort in Talisay City, Negros Occidental on...
President Marcos has authorized the reduction and condonation of real property taxes and penalties on power generation facilities of Independent Power Producers (IPPs) under build-operate-transfer contracts with Government-Owned-or-Controlled Corporations (GOCCs). (Noel Pabalate/MANILA BULLETIN)...
The Court of Tax Appeals (CTA) has denied the petition of Organisational Support Services, Inc. seeking a tax refund of P1.78 million from the Bureau of Internal Revenue (BIR). Organisational Support filed with the BIR an application for tax credits/refund on Dec. 9, 2020. It claimed its...
The country’s leading business executives are opposing the government’s “continued reliance” on tax increases while state spending continues to be excessive, pointing out its severe impact on the financial well-being of Filipinos. The Management Association of the Philippines (MAP), which...
The Court of Tax Appeals (CTA) has denied the petition of Avaloq Philippines Operating Headquarters which sought from the Bureau of Internal Revenue (BIR) a tax refund of P3 million for its zero-rated sales for the 3rd and 4th quarters of 2017. Avaloq Philippines is engaged in the sourcing...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The House of Representatives has overwhelmingly passed on third and final reading a measure that would temper the rate of annual excise tax increases on tobacco products....
