DoF: No new tax on short-term deposit interest
The Department of Finance (DoF) clarified that the Capital Markets Efficiency Promotion Act (CMEPA) does not impose a new tax on interest income from…
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Daily TribuneTopic
The Department of Finance (DoF) clarified that the Capital Markets Efficiency Promotion Act (CMEPA) does not impose a new tax on interest income from…
· 1 min read
The lower the ratio, the more limited the fiscal capacity becomes, which means a dependence on borrowings or foreign aid to raise funds for the yearly budget.
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The Department of Justice (DoJ) on Sunday disclosed that the President has the authority to grant tax benefits, power rate discounts and other incentives to…
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Analysts said monthly transfers, which have been a major driver in keeping the economy at a steady pace, will take a direct hit.
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Justice Secretary Jesus Crispin “Boying” Remulla led the filing of 18 criminal charges before the Court of Tax Appeals (CTA) on 10 April, against a…
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Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio Balisacan has expressed opposition to online gambling amid growing concerns that it…
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Manila Mayor Francisco “Isko Moreno” Domagoso on Tuesday signed an ordinance granting a comprehensive tax amnesty, urging delinquent taxpayers to “come out,…
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CMEPA will somewhat reduce our investment friction costs, aligning us more closely with our ASEAN neighbors.
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Castro said the government also intends to intensify efforts against unregistered or illegal online gambling platforms.
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For the first time since he assumed office as Philippine President in June 2022, His Excellency Ferdinand R. Marcos Jr. rang the opening bell at the Philippine…
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US President Donald Trump signed his flagship tax and spending bill into law Friday, capping a pomp-laden White House Independence Day ceremony featuring a…
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‘The sprawling mega-bill boosts military spending, fund a mass migrant deportation drive and commit $4.5 trillion to extend his first-term tax relief.’
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Republican leaders in the US Congress delayed a key vote for hours on Donald Trump's signature tax and spending bill Wednesday as they scrambled to win…
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‘Before this law, investing in stocks meant paying 0.6 percent tax, six times higher than in Singapore and Malaysia, and certainly the highest in ASEAN. Under…
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Ottawa (AFP) — Canada will rescind taxes impacting United States tech firms that had prompted President Donald Trump to retaliate by calling off trade talks,…
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If approved, non-US citizen workers sending money to their families would be subject to higher remittance fees.
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The Department of Finance (DOF) said only 20 percent of Filipinos in the United States will be affected by the proposed tax on remittances imposed by the…
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