Imee urges suspension of VAT on fuel to aid fisheries, agriculture
Senator Imee Marcos renewed her call for the government to suspend the value-added tax (VAT) on petroleum products, citing the worsening impact of high fuel…
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Senator Imee Marcos renewed her call for the government to suspend the value-added tax (VAT) on petroleum products, citing the worsening impact of high fuel…
· 2 MIN READ
As House Committee on Ways and Means chairperson, Marikina City 2nd District Rep. Miro Quimbo expressed opposition to the proposed removal of the value-added…
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Economists are weighing in on the possible suspension of fuel excise taxes, saying it could provide relief to consumers but disadvantage the government…
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Senate President Pro Tempore Panfilo Lacson called Sunday for decisive and “extreme” government intervention to shield Filipinos from surging fuel prices,…
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Senate President Pro Tempore Panfilo Lacson on Sunday called for decisive, even “extreme” government intervention to protect Filipinos from…
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Senator Loren Legarda is considering a Bayanihan 3 Law that would grant President Ferdinand Marcos Jr. more special powers, including to temporarily waive the…
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The Department of Finance (DoF), upon the recommendation of the Bureau of Internal Revenue (BIR), has issued new revenue regulations granting value-added tax…
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The Senior Citizens Partylist has welcomed the Bureau of Internal Revenue’s (BIR) recent enforcement of Value Added Tax (VAT) removal on the sale and purchase…
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As lawmakers in the House of Representatives and the Senate move to pass a bill suspending the excise tax and value-added tax (VAT) on petroleum products, a…
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Exporters are urging the government to reduce the value-added tax on fuel and electricity as rising global oil prices linked to tensions in the Middle East…
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Government officials seeking effective ways to blunt the backlash of the Middle East war on domestic prices said the declaration of a state of national…
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Senator Loren Legarda has unveiled a three-pronged legislative push to lighten the load on Filipino households by overhauling the country’s value-added tax…
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The Commission on Audit (CoA) has ordered the Social Security System (SSS) to refund P5.59 million to a contractor, ruling that the state pension fund had no…
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Under the Pantawid Pasada Program, beneficiaries receive subsidies only when the average price of Dubai crude oil for the month reaches $80 per barrel.
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Senators on Thursday proposed several proactive measures to help the public cope with the anticipated economic impact of the escalating conflict in the Middle…
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Imposing a Value-Added Tax (VAT) on system loss charges in electricity bills penalizes consumers for electricity they did not use, raising serious legal and…
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House Assistant Minority Leader and Gabriela Women’s Party Rep. Sarah Elago called for the urgent removal of the 12 percent value-added tax (VAT) on basic…
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The Federation of Philippine Industries (FPI) urged policymakers to take a cautious approach to tax reforms aligned with proposals from the Organisation for…
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