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Finance Sec Dominguez: POGOs subject to income tax

ABS-CBN News
Posted at Nov 18 04:05 PM

Dominguez was reacting to a Philippine Star report which quoted the Office of the Solicitor General (OSG) as saying that Philippine Offshore Gaming Operations (POGOs) are not subject to local tax. Read more »

Finance secretary slams 'ignorant' people speculating on proposed corporate tax reforms

ABS-CBN News
Posted at Oct 08 10:49 PM

Finance Secretary Carlos Dominguez has some choice words for Philippine Economic Zone Authority chief Charito Plaza as he fielded questions about the measure. Read more »

House OKs corporate tax reform bill on final reading, to send measure to Senate

ABS-CBN News
Updated as of Sep 13 07:04 PM

MANILA - The House of Representatives on Friday approved on third and final reading the second round of tax reforms, which would cut corporate income taxes and limit incentives.    Read more »

NGO wary of immediate corporate income tax cuts

ABS-CBN News
Posted at Aug 31 05:33 PM

A non-government group cautions against the planned immediate reduction of corporate income tax that is included in the proposed Corporate Income Tax and Incentive Rationalization Act (CITIRA) bill. Karla Yu of Action for Economic Reforms says the government has to first assess whether or not it could afford the planned reduction even as the country's economic status is due to change in the next few years. She also urges Philippine lawmakers to expedite budget deliberations to speed up the rollout of the government's infrastructure projects. Read more »

Lawmakers tackle bill seeking to slash corporate income tax

RG Cruz, ABS-CBN News
Posted at Aug 27 10:00 PM

The House of Representatives has started plenary deliberations on a bill proposing to lower corporate income taxes and rationalize fiscal incentives.  Read more »

Panukalang pababain ang corporate income tax, dinidinig sa Kamara

ABS-CBN News
Posted at Aug 14 02:22 AM

Matapos hindi maisabatas nitong nakaraang Kongreso, muling dinidinig sa komite sa Kamara ang panukalang batas na layong pababain ang corporate income tax. Read more »

Senator asks: Why are only 16k Chinese POGO workers registered with BIR?

ABS-CBN News
Updated as of Aug 13 12:38 PM

Sen. Sherwin Gatchalian said he would seek on Tuesday a legislative inquiry into billions that the government may be failing to collect from Philippine Offshore Gaming Operator (POGO) hubs.    Read more »

Sotto wants public school teachers exempted from paying income tax

Dharel Placido, ABS-CBN News
Updated as of Aug 08 06:46 PM

MANILA - Senate President Vicente Sotto III has filed a bill seeking to exempt public school teachers from paying income taxes. Read more »

New Senate probe on offshore gaming firms sought

ABS-CBN News
Updated as of Jul 18 10:47 AM

Some Filipino workers and call centers have been forced to leave their rented homes and offices after lease rates rose -- and in some cases doubled -- due to heavy demand from POGOs, a hearing by the Senate labor committee headed by Villanueva earlier this year found, he said. Read more »

Investors to get 'superior incentives' with TRABAHO Bill, says Lambino

ABS-CBN News
Updated as of Jun 05 10:55 AM

MANILA - The second package in the Duterte administration's comprehensive tax reform program aims to give superior set of incentives to push investments in the country. Read more »

European chamber bats for 'bolder' corporate income tax reform

ABS-CBN News
Posted at Jun 04 07:35 PM

The Philippines should take a "bolder" move to reduce corporate income taxes so that the country can attract more foreign investors, an European business group said Tuesday.  Read more »

Mga sumadya sa BIR offices para sa deadline ng ITR filing kumaunti

ABS-CBN News
Posted at Apr 15 09:36 PM

Hindi gaya ng mga nakaraang taon, mas kakaunti ang sumadya sa mga revenue region office ng BIR. Read more »

Filipinos rush to beat income tax filing deadline

ABS-CBN News
Updated as of Apr 15 04:12 PM

Filipinos rushed to beat the Monday deadline to file their annual income tax returns, with lines forming at Bureau of Internal Revenue offices. Read more »

2018 tax year to reflect changes under TRAIN law

ABS-CBN News
Posted at Apr 12 11:21 PM

The deadline of filing for 2018 income tax returns is scheduled on April 15, Holy Monday.  Read more »

BIR reminds Filipinos to file income tax returns before April 15 deadline

ABS-CBN News
Posted at Apr 03 05:39 PM

Those who will fail to meet the deadline will have to pay a 25-percent surcharge and a 12-percent interest per annum, the BIR said in a statement.  Read more »

BIR issues 'friendly reminder' on April 15 tax filing deadline

ABS-CBN News
Updated as of Apr 15 10:44 AM

Authorities on Wednesday reminded the public to file their income tax returns and settle their dues before the April 15 deadline, as they outlined the easier process this year under a new tax law. Read more »

3 offshore gaming firms close shop on tax worries: PAGCOR chief

ABS-CBN News
Posted at Apr 02 12:01 PM

Out of the 57 licensed POGOs or Philippine Offshore Gaming Operatons, 3 have moved elsewhere, Philippine Amusement and Gaming Corp Chairperson Andrea Domingo said.   Read more »

At least P22-B uncollected from foreign workers in POGOs annually: Finance

ABS-CBN News
Posted at Mar 25 01:58 PM

Finance Secretary Carlos Dominguez said they estimate at least P22 billion in income taxes per year are not being collected from foreign workers in offshore gaming operations.  Read more »

PAGCOR committed to 'uphold integrity' of gaming industry amid influx of foreign workers

ABS-CBN News
Posted at Mar 08 08:14 PM

MANILA - The Philippine Amusement and Gaming Corp. (PAGCOR) on Friday said it was committed to uphold the integrity of the gaming industry. Read more »

Foreign workers in Philippines must follow tax laws: Dominguez

ABS-CBN News
Posted at Mar 07 12:30 PM

Identifying the employers of the foreign nationals will be a "good starting point" to ensure that proper taxes are paid, the Department of Finance said.   Read more »