
SC: Malampaya tax payments part of gov’t profit share
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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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…
· 2 min read

‘This means that the obligation or liability remains, although it is merely passed on to a different person.’
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As President Ferdinand “Bongbong” Marcos Jr. delivers his fourth State of the Nation Address (SoNA) on Monday, 28 July, Filipinos would be reflecting on his…
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Amid rising costs and a new law affecting pickup trucks, Nissan Philippines has decided to keep its current Navara pricing unchanged for July 2025.
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The facts are straightforward — the BIR charged a construction firm owner with willfully failing to file his quarterly VAT return for the third quarter of 2008.
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As President Ferdinand Marcos Jr. returned from Washington touting a one-percentage-point win on US tariff reductions, business leaders remained largely…
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The Bureau of Internal Revenue (BIR) has commended the action taken by the Department of Justice (DoJ) who filed 34 criminal charges against popular footwear…
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The cases stemmed from findings under its Run After Fake Transactions or RAFT Program, which investigates the use of fake receipts from non-existent companies.…
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In the Philippines at present, earning a salary, binge-watching your favorite series, saving for the future — or even selling property —
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Marcos may endorse a regulatory framework that balances revenue generation with safeguards against money laundering and other criminal activities.
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Billions vanish into questionable projects, yet the solution is always to take more from ordinary citizens rather than recover the stolen funds or tax the…
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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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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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Driven by the resilient demand across its growing domestic and international network, budget airline Cebu Pacific (CEB) flew 2.2 million passengers in June, a…
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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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‘Our SoJ Boying Remulla has already spoken regarding the interim release. And if there are such suggestions from Senator Alan Cayetano, that is noted.’
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