Doctrine of self-assessment
A self-assessed tax delinquency presupposes that the taxpayer has acknowledged a tax obligation in its return and failed to pay it on time.
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Daily TribuneTopic
A self-assessed tax delinquency presupposes that the taxpayer has acknowledged a tax obligation in its return and failed to pay it on time.
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As in all businesses, where there are opportunities, there are also risks involved.
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‘FDI growth signals strong international confidence in the Philippines’ economic fundamentals.’
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The local government of Manila collected more than P93 million in unpaid taxes from contractors of flood control projects, Mayor Francisco “Isko Moreno”…
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Manila Mayor Francisco “Isko Moreno” Domagoso warned Thursday that flood control contractors who collectively owe the city P247 million in unpaid taxes will be…
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The Philippine Sports Commission (PSC) encourages private sponsors to invest in sports by offering tax credit to donations.
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His proposed cuts to the goods and services tax would make everything from small cars to air conditioners cheaper.
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‘This comprehensive measure demonstrates our resolve to deliver swift, tangible relief that will help our community rebuild and recover.’
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The BIR reported that its January to June 2025 collection hit P1.554 trillion, exceeding its target by P4.594 billion.
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DigiPlus Interactive Corp., the listed operator behind BingoPlus, ArenaPlus and GameZone, racked up P8.4 billion in first-half net income, a 61 percent leap…
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Alliance Global Group Inc. (AGI), the conglomerate led by tycoon Andrew Tan, leveraged strong domestic spending to lift its first-half net income to P19.2…
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The GAA, as a general law, cannot amend the Sin Tax Law, a special edict that earmarks funds for PhilHealth.
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The mayor rued reduced real property taxes in exchange for bribes, lowering assessed values to shortchange the government.
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Office leasing from Megaworld Premier Offices climbed 17 percent to P7.40 billion, supported by new assets, leases and rent hikes; nearly 100,000 square meters…
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The Supreme Court’s decision upholding the government’s full 60 percent share in the Malampaya gas project — including income taxes paid by private contractors…
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Pag-IBIG Fund has chalked up another record after reporting double-digit year-on-year growth in its first-half income, marking the agency’s highest earnings in…
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The Supreme Court SC) has ruled that the government’s share of profits from the Malampaya Natural Gas Project includes the income taxes of its private…
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‘This means that the obligation or liability remains, although it is merely passed on to a different person.’
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