Prices of commodities expected to go up

Cris Evert Lato-Ruffolo 01/30/2018

  THE ripple effect is slowly happening. AS the oil prices increase in Metro Cebu, two business leaders and a labor organization are now anticipating the eventual increase in the prices of commodities as fuel is a…

Bid to hike property tax in Cebu province pushed

Morexette B. Erram 01/15/2018

“It’s about time.” Cebu Gov. Hila-rio Davide III said this after the Cebu Provincial Treasurer’s Office announced its plan to increase by 10 percent real property tax in the province. “It has been a long time since…

Tax burden

Editorial 12/27/2017

Whatever side of the political spectrum one is, or if he or she is a political in the first place, taxes will always remain a contentious, divisive issue that will, more often than not, cross political boundaries.…

BIR Cebu to maximize tax collection in 2018

Victor Anthony V. Silva 12/06/2017

The Bureau of Internal Revenue 13 (BIR 13) in Cebu City is targeting to maximize its collection starting next year after the segmentation of the top 500 medium taxpayers under its jurisdiction. Lawyer Aynie Mandajoyan–Dizon, BIR 13…

Biz heads hope infra program, tax reforms bid will be realized

Victor Anthony V. Silva 11/20/2017

Local business leaders have pinned their hopes on the realization of the government’s ambitious infrastructure program and proposed tax reforms to help sustain the uptrend in the country’s economy. Cebu Chamber of Commerce and Industry (CCCI) President…

DOF: New, improved cigarette tax stamp to be rolled out in January

Inquirer.net 10/11/2017

THE government has pushed back the rollout of new cigarette tax stamps with better security features as well as a new design to January next year. “We are improving it but we will be moving the deadline…

SSS: Hike in contribution rate to over 12.5% effective January

Inquirer.net 10/01/2017

Starting January next year, the contribution rate of Social Security System (SSS) members will increase to over 12.5 percent as a means for the state-run pension fund to compensate for the higher disbursements to retirees. SSS president…

Proposed excise tax on vehicles seen to drive 2017 car sales

Victor Anthony V. Silva 09/20/2017

Anyone who plans to buy a car should do so now while the excise tax on motor vehicles being pushed by the Duterte administration has not been imposed yet. Ivy Castro, general sales manager of Ford Philippines…

Tom’s move gets support, raises suspicion

Jose Santino S. Bunachita 09/09/2017

RAMA DADS ON BUSINESS CLOSURES “PADLOCKING businesses should only be a last resort.” Some Barug Team Rama councilors said this as they expressed support on Mayor Tomas Osmeña’s crackdown on businesses that don’t pay taxes and don’t…

TOMAS CLOSES MORE RESTOS

Jose Santino S. Bunachita 09/07/2017

Cebu city tax code violations Cebu City Hall is not done yet. Three more business establishments in the city have been ordered closed by the city government for failing to pay local taxes and for operating without…

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