BSP reminds banks: No interest on unpaid interest during lockdown
The central bank on Thursday (May 21) reminded lending institutions that they were prohibited from charging interest on interest, fees and charges — such as late payment fees — on…
DOF looks at digital services tax to capture unpaid VAT
Proposals to tax digital services to plug leaks in unpaid 12 percent VAT by some online businesses has caught the attention of the Department of Finance (DOF) which is now…
How many POGOs have unpaid taxes? ‘Marami, halos lahat,’ says BIR chief
MANILA, Philippines — While the government has already required Philippine offshore gaming operators (POGOs) to first pay all of their tax dues before resuming operations during quarantine, compliance to the…