ERC ruling puts system loss outside VAT net
An ERC-issued resolution declares allowable system loss charge an inherent government-mandated pass-through cost that does not form part of the gross sales of…
· 2 MIN READ
Daily TribuneTopic
An ERC-issued resolution declares allowable system loss charge an inherent government-mandated pass-through cost that does not form part of the gross sales of…
· 2 MIN READ
For businesses that rely on commercial vehicles, purchasing a truck is only the beginning of the ownership journey.
· 2 MIN READ
TACLOBAN CITY — Northern Samar’s poverty incidence fell sharply in 2025, with nearly 12,000 fewer families classified as poor as more households moved toward…
· 1 MIN READ
Derek has made a public declaration that he is willing to cooperate with the proper authorities.
· 5 MIN READ
Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) has completed its acquisition of a 30 percent equity stake in RCBC Leasing & Finance…
· 2 MIN READ
The milestone is genuine. But it was built on consumption, remittance, and a bloated services sector, while manufacturing withered.
· 3 MIN READ
A 30-year-old man was arrested for sexual abuse and statutory rape along S. De Guzman Street in Barangay 165, Malibay, Pasay City, on Friday night.
· 1 MIN READ
Operatives also recovered the buy-bust money consisting of a genuine P500 bill, 139 pieces of P500 boodle money and an eco-bag allegedly used to transport the…
· 1 MIN READ
The Bureau of Internal Revenue (BIR) flagged 25 of 65 gasoline stations tested during the first three days of its large-scale Fuel Marking enforcement drive…
· 2 MIN READ
The broader economic downturn the Philippines is currently experiencing may trigger spillover effects in the real estate market, according to property…
· 2 MIN READ
Police officers captured two brothers wanted for murder in Tuguegarao City, Cagayan, ending a 12-year manhunt during separate operations in Metro Manila this…
· 1 MIN READ
The Bureau of Internal Revenue (BIR) has further extended the deadlines for tax filing, payment, remittance, registration, and submission to 18 August 2026 for…
· 2 MIN READ
Importantly, the law does not prohibit spiral progression. It simply removes it as the only approach prescribed by statute.
· 2 MIN READ
There is cautious optimism that infrastructure projects in H2 2026 and improving business sentiment could support a recovery. But with growth at 2.3 percent,…
· 2 MIN READ
President Ferdinand Marcos Jr. on Friday pushed back against the characterization of some of his family’s assets as ill-gotten wealth but declined to provide…
· 2 MIN READ
The Bureau of Internal Revenue (BIR) collected more than P2 trillion in the first seven months of 2026, beating its target by P13.53 billion as tax collections…
· 1 MIN READ
The Bureau of Internal Revenue (BIR) has extended tax deadlines falling between 10 and 16 August to Monday, 17 August, for taxpayers in areas affected by heavy…
· 1 MIN READ
The House Committee on Ways and Means on Monday, 10 August, approved a measure seeking to raise the annual income tax exemption threshold from P250,000 to…
· 2 MIN READ