New Zealand to tax int’l visitors amid tourism boom

AFP 06/15/2018

New Zealand announced plans Friday to introduce a tourist tax and increase other fees for international visitors to fund infrastructure development in the face of a tourist boom. Tourism numbers in the country of 4.5 million have…

CCCI ON PROPOSED TRAIN 2 ‘20% corporate income tax without conditions’

Jose Santino S. Bunachita 06/13/2018

Seeing the benefits to small and medium enterprises (SMEs), the Cebu Chamber of Commerce and Industry (CCCI) has expressed its support for the proposed Tax Reform for Acceleration and Inclusion (Train) Package 2. But the chamber pointed…

Tax collection efficiency stressed as May inflation hits fresh 5-year-high

Jose Santino S. Bunachita 06/05/2018

The government is encouraged to improve and have an impressive tax collection efficiency so that it can reap the benefits of TRAIN (Tax Reform for Acceleration and Inclusion). Gordon Alan “Dondi” Joseph, Cebu Business Club president, made…

Workers ask BIR to return P20-B in ‘illegally collected’ tax

Inquirer.net 06/04/2018

Workers on Monday called out the Bureau of Internal Revenue (BIR) for not complying with a Supreme Court (SC) decision which ordered the bureau to return “illegally collected” tax from minimum-wage earners. Stressing the urgent need to…

Poe seeks suspension of excise tax on fuel

Inquirer.net 05/25/2018

After conducting a public hearing in Iloilo City on Friday, the Senate committee on public services chaired by Senator Grace Poe recommended the suspension of excise taxes on petroleum products. “Hihilingin natin sa Department of Finance at…

Carbon raid yields fake tax stamps on 5K cigarette packs

Rosalie O. Abatayo 05/17/2018

CIGARETTE tax stamp violators beware as the authorities are tightening their implementation of the sin tax law with their Thursday (May 18) raid in four stalls in the Carbon Public Market in Cebu City, yielding 10 master…

Bid to cancel travel tax backed

Jose Santino S. Bunachita 04/24/2018

Traveling outside the country with the whole family can be very expensive, that’s why most people would wait for cheap and promo airfares. But while they save on airfare, there’s something that they always have to pay…

TIME TO TAX CHURCH SCHOOLS

MAO BA? 04/10/2018

While conservative Pinoys may disagree with his divorce bill, there are netizens who agree with House Speaker Pantaleon Alvarez’s proposal to lift the tax exemption on religious and church-run schools. A netizen named Emir Sobrado wrote: “Panahon…

CTA clears Mikey Arroyo in P27-M tax evasion case

Inquirer.net 03/28/2018

The Court of Tax Appeals (CTA) has acquitted former presidential son and former Rep. Juan Miguel “Mikey” Arroyo in his P27.305-million tax evasion cases. In a 69-page decision dated March 21, the CTA’s First Division said Department…

Cebu biz exec says investors’ tax perks must remain a priority

Jose Santino S. Bunachita 03/21/2018

Tax perks should be a temporary come-on for investors to continue pouring money into the Philippines while more pressing concerns are still being addressed, a Cebu business leader said. Despite the statement of the Department of Finance…

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