Isabela VM demands tobacco tax funds audit
Reina Mercedes Vice Mayor Harold Respicio has urged national officials to investigate alleged irregularities in infrastructure projects funded by tobacco…
· 1 MIN READ
Topic
tax incentives
Latest Daily Tribune news and analysis on tax incentives.
Trump moves to cut diesel costs with order on tax-free fuel
President Trump signs an executive order allowing tax-free red-dyed diesel on public roads, aiming to ease surging fuel costs ahead of midterm elections. Learn…
· 2 MIN READ
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
BIR updates tax refund, credit claim rules
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
Australian tax case respondent netted
A 36-year-old Australian national wanted over an alleged tax violation was arrested at NAIA after immigration and police authorities verified an outstanding…
· 1 MIN READ
Philippines, Singapore conclude tax treaty talks
The Philippines and Singapore have concluded negotiations to modernize their nearly five-decade-old tax treaty, aiming to clarify cross-border tax rules,…
· 2 MIN READ
GTBA urges travel tax reform, rejects abolition
The Global Tourism Business Association is proposing a uniform P500 Philippine travel tax, exemptions for seniors, persons with disabilities and students, and…
· 2 MIN READ
IMF warns fuel tax cuts favor upper-income households
‘We do not recommend to mute the signal for gasoline because high income households that can afford to pay higher gasoline prices will also benefit,’ he said,…
· 2 MIN READ
IMF warns fuel tax cuts favor upper-income households
Any suspension of excise taxes on gasoline and diesel would only benefit upper-income households, despite the waiver of such taxes on liquefied petroleum gas…
· 2 MIN READ
World Bank: tax reforms could unlock 7.1% of GDP in fiscal gains
The Philippines could unlock fiscal gains equivalent to as much as 7.1 percent of gross domestic product (GDP) by improving tax collection, government spending…
· 2 MIN READ
BIR tax refunds nearly double to P23.7B
The BIR released P23.67 billion in tax refunds from January to September 2026, up 90.6 percent from the same period last year.
· 1 MIN READ
Palace blasted over fuel tax tack
Sen. Bam Aquino is calling for the suspension of fuel excise taxes and VAT as high fuel prices continue to burden drivers, commuters, farmers, fisherfolk and…
· 2 MIN READ
Ice cream tax
We’re already taxing ice cream, by the way. You buy it, there’s the VAT. You import it, there are customs duties and import VAT. Ice cream has never learned…
· 3 MIN READ
Oil price breach opens door to excise tax relief
The DoE has triggered the process for possible petroleum excise tax relief after Dubai crude averaged $99.41 per barrel, above the $80 legal threshold.
· 2 MIN READ
DOF eyes ice cream, yogurt under SB tax
The Department of Finance (DOF) has proposed expanding the coverage of the country’s sweetened beverage (SB) tax to include ice cream, frozen yogurt and other…
· 2 MIN READ
DoF awaits DoE nod for fuel tax suspension
‘The Secretary is just waiting for the certification from the Department of Energy that the price of Dubai Crude Oil has exceeded the threshold.’
· 2 MIN READ
DOF awaits DOE nod for fuel tax suspension
The Department of Finance (DOF) said it is awaiting certification from the Department of Energy (DOE) that Dubai crude prices have breached the $80-per-barrel…
· 2 MIN READ
