We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.
THE Department of Finance (DOF) on Tuesday reiterated its push for a staggered and conditional reduction in corporate income tax rates under the proposed second tax reform package as the government cannot stand to lose more revenues…
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…
The country’s Finance chief was confident that the economic reforms being introduced by the Duterte administration will bring about “irreversible achievements” that will benefit more Filipinos. “I assure you: this is an exciting economic story, and it…
THE Duterte administration’s first tax reform package will shift the burden of taxation to the ultra-rich while easing it for the majority of the population, Finance Secretary Carlos G. Dominguez III said Wednesday. “The tax reform agenda…
To ensure that only poor families to be impacted by higher prices as a result of comprehensive tax reform will benefit from the proposed subsidies, the government plans to issue national identification (ID) cards to 105 million…
MANILA — The number of Filipinos to be exempted from income taxes will triple to six million under the Duterte administration’s first tax reform package, according to the Department of Finance. Based on preliminary DOF estimates, there…
WITH only a few days before Christmas, Cebu City Councilor Dave Tumulak announced that selling firecrackers inside malls and other establishments is no longer allowed. Tumulak said that according to the Joint Memorandum Circular (JMC) No. 1,…
Cebu City Mayor Michael Rama is requesting the Land Bank of the Philippines (LBP) to waive the P43-million penalty for the prepayment of the city’s loan for the South Road Properties (SRP). In a letter to LBP…
New PNP chief upbeat about APEC hosting; says only ‘fine-tuning’ needed Only “fine-tuning” is needed for Cebu’s preparations for the Asia-Pacific Economic Forum (APEC) meetings here, said newly installed police chief Director General Ricardo Marquez yesterday. One…
A total of 125 tables laden with breakfast food in the Lapu-Lapu City Hall grounds was a communal feast for yesterday’s celebration of the city’s 54th charter day anniversary. The ‘boodle fight” stretched about 300 meters, the…
We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.