BOP posts $359-M surplus in August
The central bank said the August surplus was mainly due to its net income from investments abroad. This trimmed the year-to-date deficit to $5.4 billion from…
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The central bank said the August surplus was mainly due to its net income from investments abroad. This trimmed the year-to-date deficit to $5.4 billion from…
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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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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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Pasig City Mayor Vico Sotto has clarified that the P3-billion surplus or savings of the local government should not be considered an accomplishment.
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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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Zurich (AFP) — Switzerland said that it was ready to make a better offer to the United States to avoid steep tariffs that have shocked the country.
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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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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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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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