Solons decry VAT cut, wage hike in Labor Day protests
Philippine lawmakers and progressive groups marked Labor Day with protests in Manila and Baguio, demanding VAT cuts, higher minimum wages, and the removal of…
· 2 MIN READ
Topic
VAT
Latest Daily Tribune news and analysis on VAT.
VAT, oil excise tax suspension vital amid crisis – Quimbo
House Ways and Means Chair Miro Quimbo urges a full suspension of VAT and excise tax on all fuel products, arguing it will give faster, broader relief from…
· 2 MIN READ
Crisis, costs and misplaced priorities
In the Philippines, anything that requires legislation and presidential approval moves slowly. What we need is leadership that acts with speed and urgency.
· 4 MIN READ
Legarda: VAT suspension bill now in Congress
Senator Loren Legarda files Senate Bill 2043 to suspend or reduce VAT on fuel, urging the Marcos administration to deliver immediate relief from soaring pump…
· 2 MIN READ
Solon warns: High petrol costs threaten food security
Senator Imee Marcos is pushing to suspend VAT on petroleum products, warning that high fuel costs are severely impacting fisherfolk and farmers and could drive…
· 1 MIN READ
Imee urges suspension of VAT on fuel to aid fisheries, agriculture
Sen. Imee Marcos urges the government to suspend VAT on petroleum products for fisherfolk and farmers, warning that high fuel prices could further drive up…
· 2 MIN READ
P170-B revenues lost with fuel VAT cut
Miro Quimbo opposes removing VAT on fuel, warning it could cut government revenue and affect credit ratings, while Energy Secretary Sharon Garin estimates a…
· 1 MIN READ
Excise tax pause: Consumers unburdened, but gov’t disadvantaged — economists
Economists weigh the pros and cons of a potential suspension of fuel excise taxes in the Philippines, highlighting consumer relief versus government revenue…
· 2 MIN READ
Bureaucratic delays may stall petrol excise tax relief, says solon
Panfilo Lacson urges “extreme” government action to curb rising fuel prices, warning a VAT suspension could cost over P320B while pushing targeted aid for…
· 2 MIN READ
Lacson warns of P320-B revenue loss if VAT is suspended
Senate President Pro Tempore Panfilo Lacson calls for decisive government measures, including possible industry takeovers, to protect Filipinos from surging…
· 3 MIN READ
Legarda bill eyes freeze on fuel VAT
Senator Loren Legarda proposes the Bayanihan 3 Law to grant President Ferdinand Marcos Jr. special powers, including VAT waivers on essentials, social aid, and…
· 2 MIN READ
DoF, BIR issue rules granting natgas transactions VAT exemption
The Department of Finance issues new VAT-exemption rules on indigenous natural gas and power generation under RA 12120, supporting the growth of the Philippine…
· 1 MIN READ
Senior citizens applaud VAT-free gas, electricity
The BIR enforces VAT removal on indigenous natural gas and electricity, easing power costs for Filipino households, with senior citizens among the biggest…
· 2 MIN READ
Exporters seek fuel, power VAT cut
Philippine exporters urge government to cut VAT on fuel and electricity as rising Middle East oil prices threaten production costs, inflation, and business…
· 2 MIN READ
Emergency State, Russia among options
Philippine government considers national emergency, price freeze, VAT reforms, and alternative oil sourcing to ease rising costs from the Middle East conflict;…
· 5 MIN READ
Legarda’s bill seeks VAT tiering scheme
Senator Loren Legarda proposes VAT reforms to ease household expenses, including lowering general rates, exempting essential goods and services, and fixing…
· 2 MIN READ