Legarda: VAT suspension bill now in Congress
Senator Loren Legarda filed Senate Bill 2043, a temporary measure authorizing the suspension or reduction of value-added tax (VAT) on fuel on 15 April.
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Senator Loren Legarda filed Senate Bill 2043, a temporary measure authorizing the suspension or reduction of value-added tax (VAT) on fuel on 15 April.
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The Bureau of Internal Revenue (BIR) posted gross collection totaling P198.755 billion in March 2026, up by P21.086 billion or 11.87 percent from the same…
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The undersecretary asserted that the DoF’s consideration came down to who would benefit the most from the enactment of such a ruling which, in the case of LPG…
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Artificial intelligence is rapidly reshaping the cybersecurity landscape, driving a sharp increase in identity-based attacks, including deepfake impersonation…
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A 42-year-old high-value drug suspect was arrested in a buy-bust operation conducted by police operatives on Monday evening in Barangay Lubong, Sta. Maria,…
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Filipinos were anticipating the suspension or reduction of the excise tax on gasoline and diesel to preserve their purchasing power.
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Department of Finance (DOF) Undersecretary Karlo Fermin Adriano said that a revenue loss of P43.6 billion is projected if the suspension of excise tax on…
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‘If we remove the VAT on petroleum products, it will mainly benefit the oil market.’
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President Ferdinand Marcos Jr. is set to announce a crucial decision on fuel excise taxes within this week, a move that could bring immediate relief to…
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Department of Finance (DOF) Undersecretary Rolando Ligon Jr. said the proposed suspension of excise tax on fuel remains pending, awaiting approval from…
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‘Any shaving of the price will help, whether it’s small or big.’
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Senator Imee Marcos on Sunday renewed her call for the government to suspend the value-added tax on petroleum products, citing the crippling impact of high…
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Senator Imee Marcos renewed her call for the government to suspend the value-added tax (VAT) on petroleum products, citing the worsening impact of high fuel…
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PALO, Leyte — Anti-drug operatives arrested a newly identified High-Value Target in a buy-bust operation in Barangay San Jose, Dulag, on Thursday evening,…
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As House Committee on Ways and Means chairperson, Marikina City 2nd District Rep. Miro Quimbo expressed opposition to the proposed removal of the value-added…
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The latest performance ranks among the bureau’s strongest, second only to the record collections posted in Q3 2025. ‘The Bureau of Customs’ highest-ever…
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Cha Eun-woo revealed Wednesday he’s fully paid the taxes fueling massive evasion allegations.
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