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MANILA, Philippines — House ways and means committee chair and Albay Rep. Joey Salceda is pushing for taxation on digital services—specifically, subscriptions to video and music streaming apps, ads on…
The Philippines’ corporate income tax rate—Asean’s (Association of Southeast Asian Nations) highest at 30 percent—can slide to 25 percent during a one-time, big-time reduction planned in July if Congress will…
The Philippines’ corporate income tax rate—Asean’s highest, currently at 30 percent—can slide to 25 percent during a one-time, big-time reduction planned in July if Congress will heed the economic team’s…
Although enhanced community quarantine (ECQ) has been extended but modified for another 15 days in COVID-19 hot spots, the Bureau of Internal Revenue (BIR) will no longer push back tax…
The Department of Finance (DOF) wants President Rodrigo Duterte to have a direct role in the grant of fiscal incentives to investors that would attract more investments during the COVID-19…
Philippine offshore gaming operators (Pogo) must first pay 2019 tax and franchise dues before they could resume operations, though partial, as the country is in varying stages of lockdowns prompted…
The government is expected to raise P20 billion and boost the country’s war chest against the pandemic following President Duterte’s order to add a 10-percent duty on crude oil and…
The Bureau of Customs (BOC) will start collecting an additional 10 percent duty on oil imports, an essential product, following President Rodrigo Duterte’s directive to raise more funds for COVID-19…
MANILA, Philippines — The country’s largest organization of online gaming service providers on Tuesday sought to quell criticism that it owes the government taxes, saying its member firms pay all…
All local government units (LGUs)—provinces, cities, municipalities and barangays—have been ordered to extend until June 25 the deadline for payment of all taxes, fees and charges that were due during…
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