Recto vows no new taxes under Marcos term, eyes fiscal efficiency

Ian Nicolas P. Cigaral 03/25/2024

Finance Secretary Ralph Recto announced that there won’t be any new taxes for the rest of the Marcos administration. He emphasized the government’s focus on reducing unnecessary spending and enhancing revenue collection efficiency to improve its financial…

Rama wants RPT revision complete by March

Pia Piquero 02/27/2024

CEBU CITY, Philippines – Plans to revise the fair market value of properties in Cebu City, along with the adjustments in real property tax (RPT) calculations, should already be complete by March, Mayor Michael Rama said. Rama said…

How to get your Digital TIN ID

Morexette Marie B. Erram 12/01/2023

CEBU CITY, Philippines  – Starting December 1, Filipinos no longer need to physically queue inside the Bureau of Internal Revenue (BIR) to get their Taxpayer Identification Number or TIN. The BIR on December 1 announced the launching…

Stop imposing more taxes, gov’t told

Philippine Daily Inquirer 08/13/2023

MANILA, Philippines — Sen. Francis Escudero on Saturday called on the government to refrain from imposing more taxes that will deal a heavy blow to poor Filipinos, and instead be open to collecting more taxes from the…

Cebu City Treasurer’s Office urges business owners to pay taxes, other fees before deadline  

CTU Intern Mariele Ocubillo 07/12/2023

CEBU CITY, Philippines — The Cebu City Treasurer’s Office (CTO) is urging the business owners to settle their business taxes and other fees for the third quarter of 2023, on or before the deadline to avoid surcharges.…

How to optimize Cebu City’s tax collection: Implement ‘Sayaw para sa Buhis’

Niña Mae C. Oliverio 06/22/2023

  CEBU CITY, Philippines — A “special task force” in the city was formed “to optimize tax collection revenues.” The ‘Strategic Assessment of Your Assets and Worth (SAYAW) para sa Buhis’ officially launched on Thursday, June 22,…

Business tax payment deadline won’t be extended – Cebu City Treasurer’s Office

Wenilyn Sabalo 04/20/2023

CEBU CITY, Philippines — The payment of business taxes and fees in Cebu City for the second quarter of 2023 is not likely to be extended. City Treasurer Mare Vae Reyes told CDN Digital in a text…

Cebu City Treasurer’s Office reminder: Deadline of business taxes payment for second quarter on April 20

Wenilyn Sabalo 04/13/2023

CEBU CITY, Philippines — The Cebu City Treasurer’s Office announced that the deadline for the payment of business taxes and fees for the second quarter of 2023 is on April 20. Cebu City Treasurer Mare Vae Reyes…

Mining firm in Alcoy vows to pay P65 million in taxes to Capitol

Morexette Marie B. Erram 02/23/2023

CEBU CITY, Philippines – The mining firm in Alcoy town that sources dolomite promised to pay up to P65 million in taxes to the provincial government, the Capitol announced. Gov. Gwendolyn Garcia met with officials of the…

Cebu City eyes improving revenue measures to achieve tax collection target following Mayor Rama’s veto

Wenilyn B. Sabalo 02/17/2023

CEBU CITY, Philippines — While waiting for the new ordinance that would provide for the revision of the Omnibus Tax Code in Cebu City, the Local Finance Committee (LFC) is gearing towards implementing improved revenue measures for…

Rama vetoes ordinance increasing real property taxes but…

Morexette Marie B. Erram 02/12/2023

CEBU CITY, Philippines — The Cebu City government wants a new model for revising the real property tax rates here. Mayor Michael Rama on Sunday, Feb. 12 announced that he vetoed City Ordinance No. 138-2022. Passed by…

Marcos urges public: Don’t delay, pay taxes now

Daphne Galvez 02/08/2023

MANILA, Philippines — President Ferdinand Marcos Jr. on Tuesday urged the public “to pay the correct amount of taxes on time” to support the country’s economic recovery and expansion.taxes At the launch of the Bureau of Internal…

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