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…
Tag: Tax
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,…