BIR updates tax refund, credit claim rules
The BIR has revised procedures for tax credit and refund claims, clarifying filing requirements, responsible offices and processing timelines for taxpayers…
· 1 MIN READ
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Latest Daily Tribune news and analysis on refund.
The BIR has revised procedures for tax credit and refund claims, clarifying filing requirements, responsible offices and processing timelines for taxpayers…
· 1 MIN READ
The changes cover claims for excess or unutilized creditable withholding taxes (CWT), as well as taxes erroneously or illegally received or collected and…
· 2 MIN READ
Qualified export-oriented enterprises may claim refunds for VAT incurred while awaiting zero-rating certification, provided they met the 70-percent export…
· 1 MIN READ
The BIR clarified that qualified export-oriented enterprises may claim VAT refunds for eligible purchases and importations incurred while awaiting zero-rating…
· 1 MIN READ
A Supreme Court ruling explains when condominium buyers may demand a refund after developers fail to honor undertakings involving a Contract to Sell under P.D.…
· 2 MIN READ
Meralco restores power to flood-hit customers while electricity rates fall this August, with safety reminders and a P9.5-billion refund helping provide relief…
· 4 MIN READ
The overall electricity rate has declined by P0.0428 per kilowatt-hour to P14.7833 per kWh, down from P14.8261 per kWh in July. ‘For residential customers of…
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Meralco said they are hoping that the downward adjustment will bring relief to Meralco customers, especially with the lower overall demand observed in the…
· 2 MIN READ
More than eight million Meralco customers are set to receive electricity bill reductions after the Energy Regulatory Commission ordered a P9.5-billion refund,…
· 2 MIN READ
The ERC decision to implement a refund for consumers comes in direct response to numerous longstanding complaints about the continuous increase in electricity…
· 2 MIN READ
The Energy Regulatory Commission has ordered Meralco to refund P9.51 billion to customers within six months after recalculating its Actual Weighted Average…
· 3 MIN READ
The Energy Regulatory Commission ordered Meralco to refund P9.5 billion to consumers over six months after finding the utility over-recovered distribution…
· 2 MIN READ
The Supreme Court has clarified the rules on when the processing period begins for VAT refund claims, outlining updated timelines under Section 112(A) of the…
· 1 MIN READ
A restaurant chain in China has issued partial refunds worth over 1.1 million yuan to thousands of customers after discovering undercooked mutton skewers…
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The Government Service Insurance System (GSIS) has released more than P7.3 billion in loan amortization refunds under its Balik Ginhawa program, providing…
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Nearly 7,000 GSIS members and pensioners in Albay have received almost P100 million in refunded loan amortizations through the Balik Ginhawa program. Part of…
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It is a fundamental rule in statutory construction that between a general law and a special law, the latter prevails because a special law reveals the…
· 3 MIN READ
In China, the Wuxi city government launches a quirky weight-loss challenge offering beef rewards for kilos lost, while in the United States, an Irvine resident…
· 1 MIN READ