DSWD: No funds yet for centenarians’ cash incentives

Izobelle T. Pulgo 10/19/2016

Centenarians are now entitled to receive a tax-free cash incentive of P100,000 from the national government. However, it is most likely that centenarians will have to wait a little bit longer to enjoy the cash gift as…

Crafting the country’s budget

Editorial 09/23/2016

In drafting next year’s national budget, it was surprising to learn about Budget Secretary Benjamin Diokno’s aversion and opposition to the so-called “bottoms-up budgeting” initiated by the late Dept. of the Interior and Local Government (DILG) secretary…

House minority backs income tax exemption

08/18/2016

Minority leader Danilo Suarez on Wednesday said the minority bloc would support the move to remove income tax for earners of P30,000 and below although it would cost the government some P27 billion in revenue loss. But…

Cebuanos laud tax cut

Carmel Loise Matus, Inquirer, Michelle Joy L. Padayhag 07/26/2016

Customer service associate Darlene Hermano said she joined the millions of Filipinos who welcomed President Rodrigo Duterte’s announcement of plans to lower taxes. “Apart from the benefit of having a good pay, Filipinos will have the chance…

BIR suspends tax probe on Loot and Lim assets

Ador Vincent S. Mayol 07/14/2016

TWO days after announcing that it would start to validate the tax returns of controversial retired general Vicente Loot and all those with the name of “Peter Lim” in Cebu to check on their possible undeclared properties…

BIR tax review on Loot, ‘Peter Lims’ this week

Michelle Joy L. Padayhag 07/12/2016

THE Bureau of Internal Revenue District Office said it may finish its tax return validation on Daanbantayan Mayor Vicente Loot and all the “Peter Lims” in Cebu sometime this week. Loot’s tax return is being validated in…

4 firms given 48 hours to pay taxes

Vanessa Claire Lucero 03/20/2016

FOUR business establishments in the north district of Cebu City have been issued a 48-hour notice to pay their correct amount of taxes. Lilivic Gatdula, Cebu City North revenue district officer of the Bureau of Internal Revenue…

Mandaue raises revenue collection for February

Nestle L. Semilla 02/24/2016

Mandaue City more than doubled its revenue collection this month compared to the same period last month. Mandaue City Treasurer Regal Oliva said they collected P504 million this month or 125 percent more than the P256 million…

Local BIR not confident of meeting revenue goal

Vanessa Claire Lucero 01/14/2016

Collection target hiked 44 percent to P36.6 billion for this year The  local Bureau of Internal Revenue (BIR) official is worried that the higher revenue collection target of P36.6 billion for this year will not be achieved.…

Higher tax collection in Cordova

Campos 01/11/2016

The municipal government of Cordova said its real property tax collection increased by around 50 percent to P15.59 million last year from P10.32 million in 2014. Cordova Mayor Adelino Sitoy attributed the increase to their offer to…

Tax dues affect bonus of Capitol employees

Mary Claire U. Catado 12/30/2015

With tax dues set aside, some employees of the Cebu Provincial Capitol find their yearend bonuses  lighter than expected. Cebu Gov. Hilario Davide III said employees were already told that the bonuses are subject to withholding tax.…

Pacquiao 2nd top taxpayer in PH

12/19/2015

Sarangani Rep.  and boxing champion Manny Pacquiao last year “lost” the crown he held in 2013 as the Filipino that paid the most taxes to the founder and owner of a homegrown biscuit manufacturer. A list released…

Previous           Next
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.