create-law | ABS-CBN News

Tax perks granted to Converge, 3 tower companies: DOF

ABS-CBN News
Posted at May 25 10:39 AM

The FIRB has granted tax incentives for Converge and 3 other tower companies in line with the CREATE law, the Department of Finance said. Read more »

Converge gets tax perks for broadband in remote areas

ABS-CBN News
Posted at May 18 01:12 PM

Converge said it has secured the approval of the Fiscal Incentives Review Board (FIRB) for tax incentives for its broadband rollout in remote areas until 2026. Read more »

BPI says net income at P8-B in Q1 2022

ABS-CBN News
Posted at Apr 21 12:07 PM

The BPI said its net income for the first quarter of 2022 reached P8 billion, which is 59.6 percent higher compared to the same period last year. Read more »

Duterte admin laid groundwork for expansion: Finance chief

ABS-CBN News
Posted at Feb 23 03:49 PM

The administration of President Rodrigo Duterte has laid the groundwork for expansion with its "hard-won" reforms said Finance Secretary Carlos Dominguez. Read more »

COCOPEA, umaasang maipapasa ng Senado ang tax rate law

ABS-CBN News
Posted at Sep 22 10:45 AM

Inaasahan ng grupo ng mga pribadong paaralan na maipapasa ng Senado ang batas na tutulong sa kanila para makakuha ng preferential tax rate na 10 percent sa ilalim ng Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act. Read more »

Duterte says tax reforms boosted growth before COVID-19 hit

ABS-CBN News
Updated as of Jul 26 08:01 PM

The tax reforms passed by Congress helped drive economic growth before the arrival of the COVID-19 pandemic, President Rodrigo Duterte said on Monday during his last State of the Nation Address.  Read more »

More senators urge BIR to revoke tax hike on private schools

Jaehwa Bernardo, ABS-CBN News
Posted at Jun 07 11:40 AM

More senators have called on the Bureau of Internal Revenue to rescind its new policy that increases the income tax of private schools by 150 percent, which they said may lead to more school closures during the pandemic. Read more »

Bagong BIR policy sa mga pribadong paaralan, dapat bawiin: senador

Robert Mano, ABS-CBN News
Posted at Jun 03 02:22 PM

Dapat bawiin ng Bureau of Internal Revenue ang ipapataw nitong 25 porsyento na buwis sa mga pribadong paaralan, ayon sa isang senador nitong Huwebes. Read more »

PH manufacturing poised for growth this year: industry watchers

Bruce Rodriguez, ABS-CBN News
Posted at May 27 06:05 PM

The outlook for the Philippine manufacturing sector is looking bright this year, according to officials from both private and public sector groups.   Read more »

Govt to push 2 more tax reform measures

ABS-CBN News
Posted at Apr 26 05:16 PM

Finance Secretary Carlos Dominguez III said Monday the administration of President Rodrigo Duterte will push for 2 more tax reform measures amid the disruptions caused by the COVID-19 pandemic.  Read more »