South Cotabato agri firm gets tax holiday
General Santos city — The provincial government of South Cotabato has granted a six-year tax holiday to an agricultural firm to bolster the sector and…
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General Santos city — The provincial government of South Cotabato has granted a six-year tax holiday to an agricultural firm to bolster the sector and…
· 1 min read
The Bureau of Internal Revenue (BIR) has exempted 16 more medicines for cancer, diabetes, and mental illnesses from the value-added tax (VAT).
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‘This law is more than an economic incentive; it is an invitation for the world to experience the creativity, craftsmanship, and hospitality that make our…
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As President Ferdinand Marcos Jr. signed the Value-Added Tax (VAT) refund mechanism for non-resident tourists on Monday, Tourism Secretary Christina Garcia…
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President Ferdinand "Bongbong" R. Marcos Jr. sees the newly enacted measure, which provides a refund of Value Added Tax (VAT) for foreign tourists, as a way to…
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The economist lauded the Philippines’ approach to taxing novel tobacco and nicotine products like heated tobacco products and nicotine pouches but underscored…
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The Bureau of Internal Revenue in Central Visayas (BIR-13) temporarily suspended the operations of a restaurant in Mabolo, Cebu City, and a warehouse in…
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The government has exempted more cancer, diabetes, and mental health medicines from value-added tax (VAT), days after the signing of the CREATE MORE Act.
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Restaurant owners have asked the government to stop the proliferation of fake persons with disability identification cards (PWD IDs), a scam that threatens the…
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Denmark has unveiled an ambitious plan to reshape its landscape, combining efforts to combat climate change and restore natural habitats. The country aims to…
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The rise in cigarette smuggling in the Philippines poses a significant risk of increased underage smoking, according to Jericho "Koko" Nograles, president of…
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The local government of Manila on Thursday has appealed to lot owners to avail of big discounts on their real property tax for the year 2025.
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As the year draws to a close, the Manila Electric Company (Meralco) continues to exhibit exceptional service, bolstering its commitment to innovation to…
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The Department of Justice (DoJ) said a person with a disability (PWD) is still entitled to a 20 percent discount and exemption from value-added tax (VAT) when…
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By imposing VAT on both local and foreign digital services, the government is creating a more competitive environment for local digital service providers and…
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The Department of Trade and Industry has expressed full support for the newly signed Value-Added Tax (VAT) on Digital Services Law, deemed to create a more…
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The coming months will be crucial as stakeholders assess the law’s impact and look at the shifting landscape of digital services in the Philippines
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President Ferdinand Marcos on Wednesday signed into law a measure that imposes a 12 percent value-added tax on foreign-based firms providing digital services…
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