UK'S King Charles breaks precedent to reveal £30 mn paid in taxes since 2022
King Charles III has broken royal precedent by revealing he has paid over £30 million in personal taxes since becoming monarch in 2022, as Buckingham Palace…
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5,290 results for “taxes”
DOJ backs tax evasion charges vs. 'BGC Boys' over P1.68-B liabilities
The DOJ has found probable cause to file 44 criminal tax evasion cases against the so-called ‘BGC Boys’ over alleged ₱1.68-billion liabilities, backing BIR…
CTA clears Napoles children in tax evasion case
The Court of Tax Appeals en banc has acquitted Janet Lim Napoles’ children, James Christopher and Jo Christine, of tax evasion charges over alleged…
Sen. Lacson says Senate should not decide on unsealing Duterte tax records
Senator Panfilo Lacson insists the Senate Impeachment Court should not decide on unsealing Vice President Sara Duterte and husband Mans Carpio’s alleged tax…
DILG, DA roll out tax exemption for farm storage facilities
The DILG and DA have rolled out real property tax exemptions for qualified farm storage facilities under the Sagip Saka Act, directing LGUs to exempt…
DA, DILG unlock tax relief for farm storage
The DA and DILG have issued a Joint Memorandum Circular granting real property tax exemptions to qualified farm storage facilities under the Sagip Saka Act,…
PHILEXPORT backs micro tax relief
The program is open to micro taxpayers with annual gross sales of not more than P3 million and total basic tax liabilities and penalties of P80,000 or less for…
PCCI backs BIR tax amendments
‘The single-instance audit framework reduces taxpayer burden and curbs opportunities for abuse, exactly the kind of leadership that strengthens competitiveness…
Budget deficit widens despite strong tax collections
The national government’s budget deficit widened to P198.5 billion in May as lower non-tax revenues offset strong tax collections, according to the Bureau of…
44 tax raps await ‘BGC Boys’
The BIR said the Department of Justice has found probable cause to file 44 criminal tax cases against former DPWH officials known as the “BGC Boys,” involving…
BIR gets DOJ nod for P1.68B tax cases against ‘BGC Boys’
The BIR has secured DOJ approval to file 44 criminal tax cases worth over P1.68 billion against former DPWH officials known as the ‘BGC Boys.’ Learn how the…
House wants sealed Sara tax files opened
The House prosecution panel has asked the Senate impeachment court to open a sealed box containing the tax records of Vice President Sara Duterte and her…
Tax court junks Napoles kids’ raps
The case stemmed from the BIR’s complaint for willful failure to supply correct and accurate information in the respondents’ 2010 income tax return.
Semirara wins P27M tax refund case
Semirara Mining and Power Corp. wins a landmark Supreme Court ruling granting a P27.34-million tax refund on diesel import duties, ending a 13-year dispute…
Tax pacts eyed to boost investments — DoF chief
Three of the 10 Double Tax Agreements (agreements between countries preventing individuals and businesses from being taxed twice on the same income) are under…
Tax clash looms during Sara trial
The possible disclosure of Vice President Sara Duterte’s tax records during her impeachment trial may spark a Supreme Court battle over tax confidentiality,…
Law dean sees legal battle over disclosure of Duterte tax records
Former law dean Mel Sta. Maria warns that disclosing the tax records of Vice President Sara Duterte and husband Mans Carpio during the impeachment trial could…
BIR prepares for global minimum tax
The Bureau of Internal Revenue (BIR) is preparing for the possible implementation of the proposed Qualified Domestic Minimum Top-Up Tax (QDMTT), a Department…
