tax

PH nets nearly P3-B digital VAT from tech companies

The government has collected nearly P3 billion so far from technology firms under a 12…

New tax law spurs ‘dramatic’ retreat from long-term bank savings

The new law ending tax breaks on long-term time deposits has triggered a “dramatic” exodus…

Group seeks inflation-linked hikes in sugary drink tax

A policy think tank has urged the government to slap higher taxes on sugary drinks,…

New tax regime seen to make PH mining globally competitive

The newly-signed law on a rationalized mining fiscal regime will solidify the country’s standing in…

PH to keep digital VAT amid Trump woes

Finance Secretary Ralph Recto said the Philippines would not exempt American technology giants from the…

BMI: Trump pressure to test Marcos’ tech tax 

The Marcos administration may need to exempt US tech companies from the 12 percent digital…

DOF weighs tax amnesty plan covering liabilities from 2007

The Department of Finance (DOF) is considering a general tax amnesty that could wipe the…

A tax-exempt business?

Very few people know that there is a law that allows businesses to be exempt…

Recto weighs general tax amnesty program

Finance Secretary Ralph Recto said on Monday that the Marcos administration would pursue a broad…

Strict rules on BIR audits

The receipt by a taxpayer, especially the corporate type, of a Letter of Authority (LoA)…