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Duterte SONA: Financial markets seek action plan for next 3 years

Jessica Fenol, ABS-CBN News
Posted at Jul 20 06:38 AM

President Rodrigo Duterte should use his State of the Nation Address (SONA) set Monday to present concrete plans which ensure swift implementation of newly enacted laws as well as clear policy directions in terms of taxation, labor and foreign ownership to attract more investors, analysts and business group leaders said. Read more »

TRABAHO Bill could lead to job losses, exporters fear

ABS-CBN News
Posted at Jul 18 10:26 PM

Exporters believe that, while they support bringing down the corporate income tax rate, removing fiscal incentives could drive investors away.  Read more »

G7 ministers reach consensus on taxing digital giants: France

Agence France-Presse
Posted at Jul 18 09:01 PM

G7 finance ministers meeting in France on Thursday agreed to a plan for taxing digital companies such as Facebook and Google that will set a minimum level of taxation for them. Read more »

BIR, Sarimanok News Network compromise deal gets court approval

Adrian Ayalin, ABS-CBN News
Posted at Jul 18 03:00 PM

The CTA Special 1st Division approved the agreement as it granted the joint motion for approval of compromise agreement of the two parties, it said in a judgment promulgated on July 8. 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 »

France urges G7 to find 'international solution' on digital taxes

Agence France-Presse
Posted at Jul 17 07:49 AM

French Finance Minister Bruno Le Maire on Tuesday urged the G7 club of top world economic powers to find an international solution to taxing digital giants at their meeting outside Paris this week.   Read more »

Tech tax set to dominate G7 finance ministers meeting

Antonio Rodriguez, Agence France-Presse
Posted at Jul 15 10:22 PM

A row over taxing tech giants is set to dominate a meeting of G7 finance ministers near Paris this week, with the world's leading industrialized nations already riven by disruptive US trade policies.   Read more »

ALAMIN: Mga panukalang inaasahang tatrabahuhin sa 18th Congress

ABS-CBN News
Posted at Jul 15 08:08 PM

Mga panukalang reporma sa buwis, charter change, at pagbabalik ng death penalty ang ilang kasama sa listahan. Read more »

Pagpapapasok ng mga banyagang manggagawa, hinigpitan

ABS-CBN News
Posted at Jul 11 09:56 PM

Ang posisyong iaalok sa mga foreigner ay maaari nang harangin sa DOLE kung may Pilipino namang kaya ang trabaho. Read more »

France passes law taxing digital giants in defiance of US anger

Hazel Ward, Agence France-Presse
Posted at Jul 11 09:36 PM

France on Thursday became the first major economy to impose a tax on digital giants, with parliament passing the legislation in defiance of a probe ordered by President Donald Trump that could trigger reprisal tariffs. Read more »

Makati to auction off properties of delinquent taxpayers

Adrian Ayalin, ABS-CBN News
Posted at Jul 11 03:11 PM

The Makati City government is set to sell properties of delinquent taxpayers after delinquencies in real property and special education taxes reached P5.505 billion, according to the latest audit report on the city by the Commission on Audit. Read more »

COA: Ex-San Juan mayor failed to collect over P800 million in taxes from traders, residents

Adrian Ayalin, ABS-CBN News
Posted at Jul 09 04:24 PM

MANILA - The administration of former San Juan City Mayor Guia Gomez failed to collect a total of P804.613 million from Greenhills businesses and residents during her time in office, the Commission on Audit (COA) has said.  Read more »

Duterte nagtalaga ng mga bagong associate justice sa Court of Appeals

ABS-CBN News
Posted at Jul 08 11:47 PM

MAYNILA—Nilagdaan na ni Pangulong Rodrigo Duterte ang appointment ng mga bagong Associate Justice ng Court of Appeals (CA) para sa 4 na nabakanteng puwesto. Read more »

Euro chamber backs investment reform bills but says 'more' could be done

ABS-CBN News
Updated as of Jul 04 06:10 PM

The government is pushing for amendments to the Foreign Investments Act, Public Services Act, and Retail Trade Liberalization Act, but still more could be done, the head of a European business group said.  Read more »

New local tax rules released, includes professionals

ABS-CBN News
Posted at Jul 02 01:38 PM

The business permits for professionals from local government units should be at "no cost at all during the registration or renewal of the operation" of clinics and offices, the DOF said. Read more »

'Performance-based, time-bound' tax breaks to stay, says trade chief

ABS-CBN News
Posted at Jul 01 11:19 AM

The proposed reduction in the corporate income tax rate to 20 percent from 30 percent will be a "big come-on" for potential investors, Lopez said. Read more »

PEZA continues to resist rationalization of tax incentives

ABS-CBN News
Posted at Jun 25 10:56 PM

The Philippine Economic Zone Authority is optimistic it can be spared from plans to change the country's tax incentives regime. Read more »

'Tax us more,' US billionaires say

Agence France-Presse
Posted at Jun 25 08:46 AM

"America has a moral, ethical and economic responsibility to tax our wealth more," said the group, which included George Soros, Facebook co-founder Chris Hughes, descendants of Walt Disney and the owners of the Hyatt hotel chain. Read more »

Taas-presyo sa mga delata di tuloy sa pagpako ng taripa: manufacturers

ABS-CBN News
Posted at Jun 18 07:23 PM

Di na matutuloy ang nakaambang taas-presyo sa mga delatang karne kasunod ng pagbaba ng taripa sa sangkap nito.  Read more »

G20 agrees to wrap up digital tax by 2020 - final communique

Stanley White and Jan Strupczewski, Reuters
Updated as of Jun 10 07:09 AM

Group of 20 finance ministers agreed on Sunday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a final version of the bloc's communique obtained by Reuters showed. Read more »