BIR eases rules on club share transfers
The Bureau of Internal Revenue (BIR) has removed a major administrative hurdle for certain proprietary club share transfers, allowing qualified transactions…
· 2 min read
Daily TribuneTopic
The Bureau of Internal Revenue (BIR) has removed a major administrative hurdle for certain proprietary club share transfers, allowing qualified transactions…
· 2 min read
Thirteen years. That’s how long a domestic miner fought for a tax exemption it already had on paper. The Supreme Court just told the Bureau of Internal Revenue…
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The reason was obscene in its very nature; the Marcos government found a way to profit from a war half a world away.
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The Supreme Court (SC) has updated the rules governing when the processing period begins for value-added tax (VAT) refund claims, clarifying procedures that…
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The Supreme Court (SC) has clarified when the processing period begins for value-added tax (VAT) refund claims, updating existing rules to reflect changes in…
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The BIR ruling removes the risk of unnecessary costs being baked into electricity bills by clarifying that the collections are merely passing through…
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Teachers, nurses, police officers and countless public servants deserve fair and competitive compensation as well.
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The Bureau of Internal Revenue (BIR) filed a criminal complaint Thursday with the Department of Justice against Lobelle Commodities Corp. for allegedly evading…
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... But Proposals regarding VAT on electricity are under the DOE; what the agency could do, instead, is provide technical input on the potential impact of such…
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The Department of the Interior and Local Government (DILG) on Tuesday directed all local government units (LGUs) to ensure the unhampered movement of fuel…
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Various lawmakers called for bills on the abolishment of Value Added Tax (VAT) and increase in minimum wage to be passed in the House as they participated in…
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Senior Citizens Partylist Rep. Rodolfo Ordanes on Wednesday expressed support for a Senate initiative to review taxes embedded in electricity bills, saying the…
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It is a fundamental rule in statutory construction that between a general law and a special law, the latter prevails because a special law reveals the…
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The Bureau of Customs (BoC) has eased cargo monitoring rules for top-tier accredited traders, removing the need for electronic customs seals for qualified…
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The temporary one-month toll fee exemption for trucks transporting farm goods takes effect on 20 April and covers vehicles accredited under the Department of…
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House Committee on Ways and Means Chairperson Miro Quimbo said that a total suspension of Value Added Tax (VAT) and excise tax on all fuel products could…
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In the Philippines, anything that requires legislation and presidential approval moves slowly. What we need is leadership that acts with speed and urgency.
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Senator Loren Legarda filed Senate Bill 2043, a temporary measure authorizing the suspension or reduction of value-added tax (VAT) on fuel on 15 April.
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