Disruption forcing CFO to go beyond numbers
Any chief finance officer (CFO) who still thinks his main role is to balance the books and file tax returns will soon be out of a job. Rapid and dramatic…
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71 results for “AI tax”
‘Ample supply, not tax cuts prices’
TRADE Secretary Ramon Lopez Trade Secretary Ramon Lopez on Monday said slashing the tax on imported meat, fish, vegetables and other goods should only have…
QC businesses owe BIR millions
Revenue official haled six business entities to court for their failure to pay the tax to the government.
TRAIN law to benefit economy
The country’s chief economic planner has dismissed suggestions to dismiss the tax reform law saying this could hamper the implementation of the…
TRAIN speeds up earnings
Fiscal space expanded by TRAIN 1 and tax administration enabled government to boost investments and growth in the first semester.
‘Inherently profitable’ firms still enjoy tax perks
The Department of Finance (DoF) said a number of inherently profitable multinationals continue to enjoy tax incentives even as the agency identified at least…
TRAIN 2 ready to roll in Senate
TRAIN 2 or the second tranche of the Tax Reform for Acceleration and Inclusion (TRAIN) is ready to roll in the Senate as the Senate ways and means committee…
Billions worth of fake goods seized
Bureau of Customs headed by Commissioner Isidro Lapena raided some warehouses at the PTFC compound in Quezon City and uncovered thousands of fake tax stamps,…
Tax simplified, better Philippines…
“A parent forgot to donate his property to his children during his lifetime, the latter need not worry because they will pay the same rate for estate taxes…
High TRAIN compliance ups BIR collection
The high compliance by the business sector with the government’s tax reform agenda aided the Bureau of Internal Revenue (BIR) to exceed its revenue target…
Subway, jobs, airports, tax reforms… all under DU30
The slew of infrastructure programs under the Duterte administration will create millions of jobs during and after construction, build a subway in Metro…
Onerous incentives cost gov‘t P178.5B
Photo by. interaksyon.com “He said these foregone revenues were a result of tax incentives given out to select enterprises.
Briones cites TRAIN’s mitigating effects
Education Secretary Leonor Magtolis Briones called for a change in public mindset towards taxes as she pushed the continuous implementation of the Tax Reform…
Gov’t retools taxmen with training
The government is retooling personnel of the country’s tax collection agencies with continuing training on best industry practices to sharpen their…
TRAIN 2 removes ‘tax pork barrel’
Budget secretary Benjamin Diokno likened the plan to remove the inequitable incentives in the second package of the Tax Reform Acceleration and Inclusion…
Investors remain optimistic
The Philippines continues to offer business opportunities in several areas despite concerns over the proposed second tax reform package said the directors of…
Side issues fail to dampen growth
“One of the pillars of the Duterte administration’s inclusive growth agenda is the Tax Reform for Acceleration and Inclusion.
PH gears up as Asia’s auto hub
“Automobile manufacturers who enroll under the program will be granted $200 million in tax and fiscal incentives to each of the participating programs.
Dominguez reopens P11-B tax credit scam
Finance Secretary Carlos Dominguez III on Friday reopened the P11 billion tax credit certificate (TCC) scandal and vowed to prosecute the private individuals…
DoF seeks help in corporate tax restructuring
Finance Secretary Carlos Dominguez III has sought the support of the country’s eminent economists to help government craft a more equitable corporate tax…