News

Security Bank clients optimistic on tax reform package 2

ABS-CBN News
Posted at Apr 25 12:21 AM

Despite warnings from economists and other sectors, big businesses in the Philippines believe the second tax reform package would be beneficial for them Read more »

Tax reform won't cancel all fiscal incentives, says DOF's Alvarez

ABS-CBN News
Posted at Apr 23 08:55 PM

The Department of Finance on Monday denied that the second package of the tax reform program will lead to the cancellation of all fiscal incentives.  Read more »

GSIS cites P101 million unpaid rent as dispute with Sofitel operator intensifies

ABS-CBN News
Posted at Apr 23 04:03 PM

The Government Service Insurance System (GSIS) on Monday said Sofitel operator owes the government more than P100 million in unpaid rent, as the lease dispute between the two intensifies. Read more »

Higit 500 kahon ng sigarilyo na may pekeng tax stamps, nakumpiska

ABS-CBN News
Posted at Apr 21 02:16 AM

Mahigit 500 kahon ng sigarilyong may mga pekeng tax stamps ang nakumpiska ng BIR sa magkakahiwalay na operasyon sa Malabon at Maynila. Read more »

Cut red tape, ease foreign ownership rules, Italian business group urges gov't

ABS-CBN News
Updated as of Apr 19 08:19 PM

Italian businessmen looking to invest in the Philippines want to see the government make good on its promise to cut red tape and open sectors of the economy to foreign ownership, an official of an Italian business group said Thursday. Read more »

US taxpayers get one-day reprieve after computer glitch

Reuters
Posted at Apr 18 09:29 AM

The US Internal Revenue Service said it would give taxpayers an additional day to file their 2017 returns after computer problems prevented some people from filing or paying their taxes ahead of Tuesday's midnight deadline. Read more »

Subpoenas sent to Rappler's Ressa, Bitanga for tax raps

Ina Reformina, ABS-CBN News
Posted at Apr 17 09:00 PM

The Department of Justice (DOJ) has set hearings for the preliminary investigation into the tax evasion complaint against Rappler Holdings Corporation (RHC) and two of its top executives. Read more »

Huling araw ng filing ng 2017 ITR, maluwag at mabilis

ABS-CBN News
Posted at Apr 16 11:56 PM

Halos lahat kasi, online na naghain ng ITR, ayon sa Bureau of Internal Revenue. Read more »

On the last day of ITR filing....

Jonathan Cellona, ABS-CBN News
Posted at Apr 16 08:07 PM

A woman sorts through forms as she gets ready to file her income tax return on Monday, the last day for filing at the Bureau of Internal Revenue (BIR) tax-filing center at the Fisher Mall in Quezon City.  Read more »

Tax reform seen to encourage workers to invest

ABS-CBN News
Posted at Apr 16 12:01 PM

With higher take-home pay under lower income taxes, Filipinos should consider investing, an economist said. Read more »

Tax expert, nagpaalala sa pag-file ng income tax returns

ABS-CBN News
Posted at Apr 15 08:35 PM

Nakasanayan ng maraming Pinoy ang pag-file ng mga income tax returns tuwing malapit na ang deadline, ayon sa tax expert na si Mon Abrea. Read more »

BIR reminds taxpayers: No deadline extension for ITR filing

ABS-CBN News
Posted at Apr 15 03:34 PM

Taxpayers who will file their income tax returns after 5:00 p.m. tomorrow, Monday, will be slapped with corresponding penalties, the Bureau of Internal Revenue warned on Sunday. Read more »

Pagtanggal ng tax exemption sa simbahan, isinusulong ni Alvarez

ABS-CBN News
Posted at Apr 14 01:54 AM

Balak alisin ni House Speaker Pantaleon Alvarez ang tax exemption ng religious groups at church-run institutions. Read more »

TRAIN 2 to attract new, growing industries: Dominguez

ABS-CBN News
Posted at Apr 13 05:39 PM

Finance Secretary Carlos Dominguez III on Friday said the second package of the tax reform is meant to modernize incentives, which have not been changed for a very long time, in order to attract new and growing industries.   Read more »

Tindahan ng lechon, ipinasara ng BIR

ABS-CBN News
Posted at Apr 12 09:01 PM

Ipinasara ng Bureau of Internal Revenue nitong Huwebes ang isang malaking tindahan ng lechon sa Quezon City dahil sa hindi tamang pagbabayad ng buwis. Read more »

BIR urges taxpayers to file income tax returns on time

Jacque Manabat, ABS-CBN News
Updated as of Apr 12 08:11 PM

MANILA – The Bureau of Internal Revenue (BIR) on Thursday said there will be no extension of the deadline for filing of income tax returns (ITRs) after it was moved to Monday, April 16. Read more »

BIR issues reminders to taxpayers ahead of April 16 deadline

ABS-CBN News
Posted at Apr 11 01:25 AM

The Bureau of Internal Revenue reminded taxpayers to file their income tax returns on or before the deadline on April 16.  Read more »

Tang Philippines announces price hike because of sugar tax

ABS-CBN News
Posted at Apr 10 11:45 PM

Tang Philippines announced on Tuesday that it will raise the prices of all its products due to the excise tax on selected sweetened beverages as required by the Tax Reform for Acceleration and Inclusion (TRAIN) law.   Read more »

Deadline sa paghahain ng income tax, nausog sa April 16

ABS-CBN News
Posted at Apr 10 10:39 PM

Umaapela ang BIR na huwag magpa-"last minute" sa paghahain ng income tax. Read more »

Timeline of a month of escalating US-China trade tensions

Agence France-Presse
Posted at Apr 05 05:36 AM

WASHINGTON, United States - Trade tensions between the United States and China have been escalating over the past month, following President Donald Trump's decision to impose steep tariffs on steel and aluminum imports. Read more »