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…

This is the real world

Peter Dominique I. Panga - @inquirerdotnet 01/18/2023

How does the “real world” appeal to your imagination? Much of what it paints, I suppose, is suffering: taxes, poverty, survival at large, you name it. As a college student, I often encounter professors who say that…

VM Garcia confident city can raise close to P50B for next year’s budget

Wenilyn B. Sabalo 12/20/2022

CEBU CITY, Philippines — Cebu City Vice Mayor Raymond Alvin Garcia is confident the city can find ways to raise the P50 billion annual budget for 2023. This is in light of the fact that the Cebu…

Medical marijuana can contribute to economy, gov’t projects — Robin Padilla

Daniza Fernandez 09/13/2022

MANILA, Philippines — Medical marijuana can contribute to the country’s economy and government projects as it can generate taxes, Senator Robin Padilla said on Monday. Padilla noted that the country would need a P5.268-trillion budget next year.…

Cebu City gov’t eyes tax increase, new revenue sources to address cash deficit

Wenilyn B. Sabalo 08/09/2022

CEBU CTIY, Philippines — When Cebu City Mayor Michael Rama assumed office on July 1, 2022, City Hall barely had any cash on hand. As of June 30, the city had a total P4.54 billion under its…

Two-tier tax on salt used in food, drinks pushed

Jeanette Andrade 06/20/2022

MANILA, Philippines —- A health advocates’ party-list lawmaker on Sunday sought taxes on the amount of salt used in food and drinks to generate more funds for the Universal Health Care Act. Barangay Health and Wellness (BHW) party…

Isko Moreno promises Cebuanos lower taxes for electricity, fuel if he becomes President

Delta Dyrecka Letigio 12/05/2021

CEBU CITY, Philippines — Presidential aspirant and Manila City Mayor Isko Moreno Domagoso promised two things if he would become President of the Philippines in the first two years of his term. First, he will reduce the…

Cebu City collects P7.3B in taxes amid pandemic

Delta Dyrecka Letigio 03/09/2021

CEBU CITY, Philippines — Cebu City collected a total of P7.347 billion in taxes for 2020 amid an economically devastating Coronavirus Disease 2019 (COVID-19) pandemic. Mayor Edgardo Labella said in a press conference on Tuesday morning, March…

Import duties, taxes up in October

Ben O. de Vera 11/04/2020

  The Bureau of Customs (BOC) collected P50.9 billion in import duties and other taxes in October, exceeding its downscaled revenue goal for the fifth straight month. While the BOC’s actual collection was 5.2-percent higher than the…

Deadline for filing of RPT, business tax in Cebu City moved to Dec. 21

Delta Dyrecka Letigio 10/29/2020

CEBU CITY, Philippines — The deadline for payment of real property taxes (RPTs) and business taxes for fiscal year 2020 has been moved to December 21, 2020. The Cebu City Council approved on Wednesday, October 28, 2020,…

Cebu City mulls having P400M supplemental budget

Delta Dyrecka Letigio 10/24/2020

CEBU CITY, Philippines — The Cebu City government is considering another Supplemental Budget (SB) before the year 2020 ends to pay off taxes and the hazard pay of frontliners.  Councilor Raymond Garcia, chairperson for the City Council’s…

Cebu City falls short on collection of taxes

Delta Dyrecka Letigio 07/02/2020

CEBU CITY, Philippines — The Cebu City Treasurer’s Office (CTO) reported a lower tax collection from March 31 to July 1, 2020 compared to the same period in 2019 due to the Enhanced Community Quarantine (ECQ). Councilor…

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