Added duties on cement imports bad for gov’t infra projects

MANILA — Cement importers and contractors cautioned that the imposition of safeguard duties on imported cement may delay the administration’s Build, Build, Build program, as another trade barrier can only serve…

Duterte assures OFWs’ taxes well-spent

MANILA — President Rodrigo Duterte has assured Overseas Filipino workers (OFWs) that the taxes they pay to the government will be protected under his administration. “Do not be so sad about…

Angara moves to declare health insurance premiums as tax-free

MANILA — Senator Sonny Angara has filed a bill which seeks to ensure that health insurance premiums paid by employers for their employees will remain tax-free. Angara earlier chided the Bureau…

SC affirms withholding tax on gov’t workers’ bonuses, fringe benefits

MANILA — The Supreme Court (SC) affirmed the regulations issued by the Bureau of Internal Revenue (BIR) stating that fringe and small value benefits received by government workers are subject to…

DOJ to start probe on tax evasion raps vs. Rappler

MANILA — The Department of Justice (DOJ) will start next week the preliminary investigation on the tax evasion complaint filed by the Bureau of Internal Revenue (BIR) against Rappler Holdings Corp.…

TRAIN is biggest income transfer mechanism for poor Pinoys: Salceda

MANILA — Lowered personal income tax (PIT) and higher take home pay for 99 percent of the country’s 7.5 million individual taxpayers is the leading achievement of the approved Tax Reform…

Congress ratifies TRAIN raising taxes on coal, tobacco

  MANILA  — The Congress on Wednesday night ratified the the controversial tax reform package or the Tax Reform for Acceleration and Inclusion (TRAIN) bill which raises taxes on coal, mining,…