Peace doves fly
With the clash over cauldron heating up, senators are calling for a ceasefire to prevent national athletes from losing focus in their respective bids in the…
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77 results for “income”
No POC mandate for Phisgoc
The Philippine Olympic Committee (POC) reiterated that it has nothing to do with the embattled Philippine Southeast Asian Games Organizing Committee (Phisgoc)…
Culprit
Former Philippine Olympic Committee president Ricky Vargas and chairman Abraham Tolentino pulled off an impressive move when they decided to drop their earlier…
PAGCOR to the rescue
With the P5-billion budget for the country’s hosting of the 30th Southeast Asian (SEA) Games yet to be released, the Philippine Sports Commission (PSC) was…
Is Phisgoc no more?
Emotions are expected to fly as the powerful Philippine Olympic Committee (POC) Executive Council convenes today to decide on the legitimacy of the Philippine…
Income tier-based CIT ‘makes sense’
Corporate income tax (CIT) based on companies’ capacity to pay ‘makes sense’ in lieu of the 10-year CIT reduction to 20 percent proposed under the…
Shell reveals it paid no UK corporate income tax in 2018
Royal Dutch Shell published a new report detailing the corporate income tax that Shell companies paid in countries and locations around the world in 2018.
Manila Bay Dev Corp. drops backdoor listing plan
SRDC had planned for the real estate to be a source of recurring rental income or future income from development projects including resort hotels,…
Remittances exceed poor household earnings by 2.5 times
A new report by UniTeller on low-income adults in the Philippines reveals the value of monthly remittances from family and friends working abroad averaging…
SEC: Certain online entities lack permits
Some of the other passive income and incentives the entities were offering included a Casio watch, iPad, gaming laptop, iPhone, 11 and Huawei Y6, a car, SUV…
ADB extends Manila another $623.3M in loans
The poverty rate has significantly declined and unemployment is at its lowest rate in 40 years. We expect to graduate to upper-middle-income country status way…
Exporters push for immediate corporate income tax cut
The umbrella organization of exporters in the country is pushing for the passage of a bill immediately reducing corporate income tax (CIT) rate to 20 percent…
Duterte: Concessionaires committed economic plunder
The President claims the concessionaires passed corporate income tax to the Filipino people. #economicplunder
Poverty incidence down in 2018
For those in the bottom 30 percent of the population, mean per capita income increased by 31.87 percent, according to NEDA. #povertyincidence2018
PEZA keeps 15-year Citira transition period
Citira aims to rationalize the tax incentives and cut corporate income tax to 20 percent from the existing 30 percent.
ADB: High-income countries get new loan terms
Nakao noted that the situation in Asia and the Pacific region is now different compared to when ADB was established. At that time, most recipient countries…
DoF, OSG, settle POGO issue
The service provider of the POGO located in the Philippines through workers/employees here, is subject to income tax and VAT on its fees charged to the…
FDC net income 14% higher to P11.8B
Net income attributable to equity holders of the parent company also rose 16 percent to P9 billion from P7.7 billion.
DBP targets on track
State-run Development Bank of the Philippines (DBP) reported gross income in the July-to-September quarter reaching P24.2 billion, a 28.6 percent improvement…
Metrobank, Toyota push up GT Capital earnings
Ty-led conglomerate GT Capital Holdings Inc. reported 40 percent higher net income in the first nine months of the year, to P15.3 billion from P10.9 billion…