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Cebu City Mayor Tomas Osmeña is personally reviewing the business permit applications of three banks in Cebu City as he ordered the City Treasurer’s Office (CTO) not to process their renewals. He said East West Bank, Bank…
Another tax-related complaint was filed by Cebu City Mayor Tomas Osmeña this time against a security agency, which once was contracted by City Hall, for alleged undeclared and/or falsified gross income. Osmeña filed a judicial affidavit-complaint before…
Cebu Mayor Tomas Osmeña has filed a complaint before the Office of the City Prosecutor, claiming that Banco de Oro – Magallanes Branch has committed “tax fraud”. Osmeña said that BDO-Magallanes declared a gross annual revenue of…
Yesterday kicked off the month-long observance of the annual Yuletide season or Christmas as the global Christian community calls it. While the prevalent atmosphere and mood on the streets is usually one of festivity and cheer, it’s…
There should be no conditions attached to the release of the shares of the barangays in the real property taxes (RPT) of the Cebu City government, the Department of Interior and Local Government Central Visayas (DILG 7)…
Cebu City Mayor Tomas Osmeña filed a tax evasion complaint before the City Prosecutors Office on Wednesday afternoon against SM Prime Holdings Inc., citing alleged violation of Article 318 (Other Deceits) of the Revised Penal Code. Osmeña…
SOUTHWESTERN University (SWU) is set to enter into a compromise agreement with Cebu City Hall over the taxes it owed to the city. Councilor Nendell Hanz Abella authored the resolution authorizing Cebu City Mayor Tomas Osmeña to…
SEATTLE — Democratic mayors of major US cities that have long had cool relationships with federal immigration officials say they’ll do all they can to protect residents from deportation, despite President-elect Donald Trump’s vows to withhold potentially…
Benchmarking can help the revenue department to identify the companies’ performance in a certain industry, a factor that can help the department and the companies involve to increase their tax compliance. According to the Bureau of Internal…
Cebu City residents and businesses can pay their taxes online by the fourth quarter of next year if the City Treasurer’s Office (CTO) can make good on their promise to do so. “This will be a hassle-free…
Senator Sony Angara appealed for compassion on Tuesday over the government’s plan to lift the value-added tax (Vat) exemptions on senior citizens and persons with disabilities (PWDs). Finance undersecretary Karl Kendrick T. Chua said that by removing…
THE administration of Cebu City Mayor Tomas Osmeña will intensify its tax collection efforts to fund next year’s P7.2 billion budget, its finance officials said in yesterday’s start of the City Council budget hearings. City Budget Officer…
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