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MANILA — Finance Secretary Carlos G. Dominguez III reiterated on Wednesday that the Duterte administration’s planned infrastructure buildup would be funded mainly by revenue gains from comprehensive tax reform as well as local borrowings to avoid falling…
WASHINGTON — US President Donald Trump on Sunday hit back at nationwide protests calling for him to release his tax returns, questioning “who paid for the ‘small’ rallies.” “Someone should look into who paid for the small…
Cebu City Mayor Tomas Osmeña’s battle with BDO Unibank, Inc., is far from over, and he is ready to take the matter all the way up to the Supreme Court or even the President if need be.…
Justice chief Aguirre explains why he let Mighty owner walk free The Bureau of Internal Revenue in Central Visayas (BIR-13) is trying to identify the owner of boxes of Mighty cigarettes with fake tax stamps found in…
Investors are welcome in Cebu City, but Cebu City Mayor Tommy Osmeña reminds them that he has to be firm and fair and will not hesitate to implement the law. “I don’t run after investors. I run after…
He may have the evidence to justify the closure of BDO’s Magallanes branch but exactly how far is Cebu City Mayor Tomas Osmeña willing to take his feud with SM, Ayala and Filinvest? The court’s restraining order…
The Regional Trial Court (RTC) Branch 18 Judge Gilbert Moises orders status quo on the operation of Banco De Oro (BDO) branches in Cebu City until March 6. The decision was made after a closed door meeting…
Local business leaders give pros and cons of gov’t-proposed measure Cebu business stakeholders lauded the Duterte government’s proposal to reduce the tax imposed on sales of micro-enterprises in the country, saying that this move will help small…
Cooperatives are once again up in arms over moves in Congress to lift the tax exemption privileges enjoyed by the sector, but unlike in the previous administration when the movement overcame the test through protests waged in…
The Cebu City government will not process the applications for the renewal of business permits filed by SM Prime Holdings Inc. (SMPHI), the operator of SM Seaside City Cebu, and the Magallanes branch of Banco de Oro…
Senator Sherwin Gatchalian thumbed down on Friday the proposed imposition of excise tax on cosmetics and beauty products, saying it was not only “discriminatory” to women but it was not also a “viable alternative” to the proposed…
To be sure, Cebu City Mayor Tomas Osmeña’s crackdown on institutions he suspects have skipped on paying taxes to the city isn’t a new thing especially to those familiar with his decades-long rule. There is that tax…
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