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Millionaires join non-profits in wealth tax appeal

Agence France-Presse
Posted at Jan 19 08:43 AM

A wealth tax on the world's richest people could raise at least $2.52 trillion per year, enough to fund COVID-19 vaccines for everyone and lift billions out of poverty, groups including non-profits and millionaires said Wednesday. Read more »

Comelec spox: No info yet on release of decision of Marcos DQ cases

ABS-CBN News
Posted at Jan 18 02:36 PM

Comelec's First Division has yet to release its decision on the disqualification cases against Bongbong Marcos over a 1995 tax evasion conviction. Read more »

San Miguel's P10B cement plant secures tax incentives

ABS-CBN News
Posted at Jan 18 01:57 PM

San Miguel Corp said said the Fiscal Incentives Review Board has approved tax incentives for its P10 billion cement manufacturing project in Davao Del Sur. Read more »

Perpetual disqualification not an accessory penalty of Marcos Jr.'s tax case - lawyer

ABS-CBN News
Posted at Jan 17 01:24 AM

The lawyer of the Partido Federal ng Pilipinas argued that Ferdinand "Bongbong" Marcos Jr. cannot be disqualified from running for president in the 2022 elections due to his 1995 tax case conviction. Read more »

ARTA seeks extension of business permit renewal, real estate tax payment period

ABS-CBN News
Posted at Jan 14 02:15 PM

Anti-Red Tape Authority director general Jeremiah Belgica on Friday urged the local government units to extend the period for the renewal of business permits and the real property tax payments until the end of the year. Read more »

Manila extends deadline for tax payments, business permit renewal amid virus surge

Jorge Carino, ABS-CBN News
Posted at Jan 10 07:37 PM

Transactions can be coursed thru www.gomanila.com and through payments systems available at SM San Lazaro and SM Manila. Read more »

Gov't revenues up 5 percent in first 10 months of 2021: DOF

ABS-CBN News
Updated as of Jan 06 06:22 PM

The national government's total revenue for the first 10 months of 2021 grew 5 percent to P2.490 billion from P2.371 billion in the same period in 2020. Read more »

'Crackdown on cigarette smuggling must intensify with tax'

ABS-CBN News
Posted at Jan 06 11:43 AM

The crackdown on smuggled cigarette products should also increase as the government imposes another tax hike on tobacco products, a stakeholder said. Read more »

BIR shuts POGO, service provider in Makati for violation of tax code

ABS-CBN News
Posted at Jan 05 05:23 PM

A Philippine Offshore Gaming Operator (POGO) and its service provider were suspended by the BIR for failure to register under the agency. Read more »

BIR eyes increasing epayments by 50 percent in 2022

ABS-CBN News
Updated as of Jan 03 09:35 AM

The Bureau of Internal Revenue said on Monday it aims to increase digital payment transactions to 50 percent in 2022 by accelerating modernization efforts. Read more »

Higher taxes on alcohol, cigarettes now in effect

ABS-CBN News
Posted at Jan 01 10:37 PM

Those who consumed alcohol and tobacco products would have to pay more starting Jan. 1 as the government starts to collect higher "sin taxes" this year. Read more »

Marcos camp paying taxes does not save them: lawyer

Benise Balaoing, ABS-CBN News
Posted at Dec 23 02:35 PM

A BIR certificate showing Bongbong Marcos already paid his taxes with interest doesn’t mean he can still seek public office, a lawyer said. . Read more »

Marcos Jr. urges Comelec anew to dismiss 1st cancelation case

Ina Reformina, ABS-CBN News
Posted at Dec 20 08:21 PM

In a 54-page memorandum containing his final arguments, Marcos alleged the petition filed by Fr. Christian Buenafe, et al. has no merit. Read more »

Tesla's Musk says he will pay over $11 billion in taxes this year

Reuters
Updated as of Dec 20 02:29 PM

Electric-car maker Tesla Inc's Chief Executive Officer Elon Musk said on Sunday on Twitter that he will pay more than $11 billion in taxes this year. Read more »

Comelec junks bid to declare Marcos nuisance candidate

ABS-CBN News
Updated as of Dec 18 12:50 PM

The Commission on Elections (Comelec) has denied a bid to declare former senator Ferdinand "Bongbong" Marcos Jr. a nuisance candidate. Read more »

China's top live streamers disappear after tax evasion cases

Tracy Qu, South China Morning Post
Posted at Dec 14 01:50 PM

The online presence of two of China’s top e-commerce influencers vanished after they were fined millions of yuan for tax evasion last month. Read more »

'Demon Slayer' anime studio found guilty of tax evasion

Kyodo News
Posted at Dec 10 05:52 PM

A Japanese anime studio known for producing popular anime series "Demon Slayer" and its president were found guilty Friday of evading a total of 138 million yen ($1.2 million) in corporate and consumption taxes. Read more »

Shell shareholders vote on move to London

Danny Kemp, Agence France-Presse
Posted at Dec 10 10:58 AM

hareholders in oil giant Shell will vote Friday on plans to switch its headquarters from the Netherlands to Britain after a century and drop Royal Dutch from the name. Read more »

Poe blasts BIR on failure to give info on franchise applicants

ABS-CBN News
Posted at Dec 09 08:49 PM

Sen. Grace Poe slammed the Bureau of Internal Revenue for not publicly disclosing information about the tax status of franchise applicants. Read more »

Court of Tax Appeals OKs Maria Ressa trip to Oslo

Mike Navallo, ABS-CBN News
Updated as of Dec 07 03:35 PM

The Court of Tax Appeals has allowed Rappler CEO Maria Ressa to travel to Oslo from December 8 to 13 to receive the Nobel Peace Prize. Read more »